Monday, 08 March 2021 12:04

Kleos inks new contract with Spaceflight for third satellite cluster launch

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Australian-listed space technology operator Kleos Space has signed a new contract with rideshare provider Spaceflight to launch its third satellite cluster (KSF2) in December this year aboard a SpaceX Falcon rocket.

Kleos (ASX:KSS) says the four KSF2 Polar Patrol Mission satellites will launch on December 2021 into a 500-600km Sun Synchronous orbit, complementing its first and second satellite clusters and increasing cover over key maritime areas of interest, including double the coverage over both Poles.

And commissioning and data collection from Kleos’initial Scouting Mission satellites, which launched from India into a 37-degree inclination in November2020, is nearing completion.

Kleos Space CEO Andy Bowyer said: “The launch of our third satellite cluster will further improve the frequency and value of Kleos’ radio frequency intelligence data, generating higher-value data sets and further tiered subscription licence options.”

“While Kleos is targeting a constellation of up to 20 satellite clusters, each cluster will increase the volume of data that can be sold and provide further insights as to activity in key areas of interest for our customers.”

Bowyer said tha while Kleos progressed its constellation roll out with the launch of the second and third satellite clusters, it continued to focus on securing and building a new subscriber base.

“Data delivery from the Scouting Mission satellites allows us to commence revenue generation from early adopter and test contracts.

”Final costs incurred are anticipated to be comparable with publicly available space ridesharecosts and within the envelope of the cost of a launch advised within the prospectus,” Bowyer said.


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