Highlights:
- Kleos Awarded Micro-Satellite Military Utility Project Contract
- Mid-East Channel Partner Agreement Signed
- MoA and Data Agreements Signed with Global Spatial Technology Solutions
- Significant South & Latin America Business Development Progress
- First Cluster of Satellites Awaiting Launch in India
- Progress on Second Cluster for 2021 Launch
- Over 100 active opportunities across the entire pipeline
Kleos Space (ASX: KSS, Frankfurt: KS1) a space-powered Radio Frequency Reconnaissance data-as-a-service company, provides the following update for the quarter ending 30 June 2020 (Q2 2020).
Kleos Awarded Micro-Satellite Military Utility Project Contract
The Company’s US subsidiary was awarded a contract to initialise and prepare the Application Programming Interface (API) for Kleos data to be accessed by the Micro-Satellite Military Utility Project Arrangement which is an agreement under the Responsive Space Capabilities Memorandum of Understanding involving the Departments and Ministries of Defence of Australia, Canada, Germany, Italy, Netherlands, New Zealand, Norway, United Kingdom and United States.
Mid-East Channel Partner Agreement Signed
The Company entered into an Integrator and Channel Partner Agreement with Red Group Technologies to be an Integrator of and Channel Partner for products from their offices in Middle East and North Africa (MENA) (ASX: 10/07/2020).
MoA and Data Agreements Signed with Global Spatial Technology Solutions
In May 2020, the Company partnered with Global Spatial Technology Solutions (GSTS) to provide enhanced Maritime Domain Awareness capability to GSTS’s OCIANA product suite.
GSTS predictive technologies empower future-friendly decision-making to help the maritime, security, logistics and service sectors navigate tomorrow, today. Kleos data will provide a valuable addition to GSTS services and data solutions by supporting vessel detection, classification and identification.
South & Latin America Business Development Progress
The Company extended engagement throughout South and Latin America through contracts and trials with companies and government organisations in Brazil, Argentina, Uruguay, Chile and Mexico. The South and Latin American region has shown an incredible enthusiasm for Kleos data to help solve regional problems. Most recently:
- The Company has appointed Oriondata Internacional SpA (Oriondata) as a Chilean Channel Partner (value added reseller) to support the local defence and security market.
Oriondata is a Chilean company, offering a wide range of satellite products and services to optimally respond to specific defence and security needs.
Chile has 6000km of pacific coastline to protect and monitor. This long coastline and massive sea area need advanced and wide ranging ISR capabilities which can only, cost effectively and practically, be delivered from Space.
Oscar Letelier, CEO of Oriondata International SpA (ODI) said: “Our agreement with Kleos Space is an exciting opportunity and will deliver many new and innovative growth opportunities for the Geospatial industry in Chile”
- The Company has also appointed RCM Telecom (RCM Telecom) as a Mexican Channel Partner (value added reseller) & Integrator to support the local defence and security market.
RCM Telecom is a Mexican company, delivering solutions for Security and terrestrial, maritime and air communications.
A capability is required to improve the surveillance and security of the seas and coasts of Mexico, as well as to oversee ports and customs operations. Mexico has coastlines on the Pacific Ocean and Caribbean Sea as well as oil facilities in the Gulf of Mexico. There is currently no way of delivering effective surveillance of Mexican maritime assets.
Rodrigo Márquez Castillo; RCM Telecom, SA de CV Executive Operational Director and Business said: “With this alliance we can integrate surveillance solutions using mapping systems, local capabilities and communications here in Mexico.”
Kleos Satellite Constellation
The first four Kleos’ Scouting Mission satellites are in the Sriharikota Range in India and we eagerly await the announcement of the launch date for PSLV C49 by the Indian Space Research Organisation (ISRO).
The second cluster of four satellites is now in the design and development phase with negotiations being carried out with the satellite and launch supply chain for a 2021 launch.
With an enhanced need for data to increase governments’ knowledge of illegal activity, the Company’s Business Development activities have increased, including proposal and quotation work.
Kleos Data Products
Kleos’ satellites observe, detect and by using proprietary algorithms geolocate radio frequency transmissions to provide global activity-based intelligence, enhancing the intelligence, surveillance and reconnaissance (ISR) capabilities of governments and commercial entities.
Once ‘packaged’ into products the data transferred to our licensed subscribers ‘as-a-service’, the same data is able to be sold unlimited times creating annuity type revenues.
The directors consider the Company’s outlook to be positive, notwithstanding the delays to launch resulting from the COVID-19 pandemic. The Company continues to build a strong pipeline of future sales with more than 100 active opportunities across the entire pipeline which provide a solid base to the Company’s outlook following deployment of satellites.
For Editorial Inquiries Contact:
Editor Kym Bergmann at kym.bergmann@venturamedia.net
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Director of Sales Graham Joss at graham.joss@venturamedia.net
