Kleos Space secures A$5.5 million to drive satellite roll-out

Kleos Space S.A. (ASX:KSS, Frankfurt:KS1),a space-powered Radio Frequency Reconnaissance data-as-a-service (DaaS) company, has entered into a €3.41 million (approximately A$ 5.5 million) secured loan  agreement (Loan Agreement) with Dubai-based family office Winance to progress its commercialisation plans and to redeem existing convertible notes. CEO of Kleos Space, Andy Bowyer said, “This funding provides Kleos with working capital to progress the […]
sUAS News – The Business of Drones