Article 4ZGKC Kleos Space secures A$5.5 million to drive satellite roll-out

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

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from sUAS News on (#4ZGKC)
Kleos-nano-satellite.jpg?resize=356%2C22Kleos Space S.A. (ASX:KSS, Frankfurt:KS1),a space-powered Radio Frequency Reconnaissance data-as-a-service (DaaS) company, has entered into a a3.41 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 ["]
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