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Kleos Space SA

Kleos Space set to launch nano satellites next year, with contracts in place

Kleos Space SA (ASX:KSS) co-founder & CEO Andy Bowyer introduces Proactive Investors to the recently listed company and its operations in nano-satellite intelligence, surveillance and reconnaissance (IRS) technology, packaged in a data-as-a-service business model.

Bowyer explains, "the business model is known in the IT world as an infrastructure and application play. We are having satellites built and launched to our specification, we're using these satellites to collect a unique data set from the earth; that data set is very valuable to governments and commercial industry, and we're selling that data as a service."

Quick facts: Kleos Space SA

Price: $0.37

Market: ASX
Market Cap: $38.92 m
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