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Sky and Space Global calls for halt in shares pending operational update

The halt will remain in place until Tuesday 5th September 2017.
Sky and Space Global calls for halt in shares pending operational update
Sky and Space shares are in pre-open

Sky and Space Global Ltd (ASX:SAS) has been granted a trading halt this morning, pending details of a major operational milestone for the 3 Diamonds nano-satellites.

Just last month the company signed its first binding commercial contract with a wholesale customer, Sat-Space Africa.

This follows the initial binding letter in 2016, with Sat-Space Africa the company’s first wholesale operator.

Sky and Space’s mission is to build a constellation of 200 nano-satellites.

The halt will remain in place until the opening of trade on Tuesday 5th September 2017, or earlier if an announcement is made to the market.

View full SAS profile View Profile

Sky and Space Global Ltd Timeline

Newswire
September 05 2017

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