Two Kleos missions already in orbit contracting revenues
Kleos Space S.A (ASX:KSS, Frankfurt:KS1, Kleos or Company), a space-powered Radio Frequency
Reconnaissance data-as-a-service (DaaS) company, has been informed by its launch services
provider Spaceflight Inc., who is contracted to deploy the Kleos Patrol Mission (KSF2) satellites
into an sun synchronous orbit, that after integration of the satellites onto its Sherpa vehicle
for the SpaceX Transporter-3 mission, their technicians discovered a leak from the
propulsion system of the Sherpa. This incident resulted in an inability for Spaceflight Inc. to
launch any of the satellites manifest on the Sherpa for the SpaceX Transporter-3 launch as
planned for January 2022, including the Kleos Patrol Mission satellites. Spaceflight Inc. has
confirmed the four Kleos satellites are safe and were not damaged by the leak.
Spaceflight Inc. are currently investigating all alternatives for remanifesting the four Kleos
satellites as well as the satellites from six other companies impacted by this issue on another
launch with the minimum of delay. The option to launch on the SpaceX Transporter-3 launch
through another launch service provider was fully investigated, but due to the short time
frame, such a change was not possible.
Kleos CEO Andy Bowyer commented: “Whilst disappointing, this delay does not cause a
long-term financial impact to the Company, the satellites are undamaged and are expected
to launch with as minimum delay as possible, and most importantly there is no impact to
the revenue generating life of the mission. We already have two missions (eight satellites)
in orbit that we are continuing to exploit for data collection & revenue opportunities.”
The new launch date will be communicated to the market once confirmed with Spaceflight Inc.
The Kleos Observer Mission (KSF3) is on track for mid-22 launch and is unaffected by the
Patrol Mission delay.
