Kleos Space (ASX:KSS)- CEO, Andy Bowyer
CEO, Andy Bowyer
Source: Kleos Space
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Kleos Space SA (KSS) reschedules its Kleos Patrol Mission satellites launch date to April this year
  • The company originally planned to launch in January but put back the date after an orbital transfer vehicle in charge of deploying Kleos’ satellites experienced technical issues
  • Kleos says its Patrol Mission satellites were undamaged and the company was able to mitigate the delay by quickly rescheduling
  • Its fourth satellite cluster, the Observer Mission, remains unaffected by the Patrol Mission delay and is on track to launch in mid-2022
  • KSS shares trading almost steady at 71 cents

Kleos Space SA (KSS) has rescheduled the launch date of its Kleos Patrol Mission satellites to April this year.

The space-powered radio frequency reconnaissance data-as-a-service company had originally scheduled to launch them on the SpaceX Transporter-3 mission this month.

The satellites will now form part of the SpaceX Transporter-4 mission in April.

Kleos partnered with launch services provider Spaceflight Inc to deploy the Patrol Mission (KSF2) satellites to a sun synchronous orbit.

The mission launch was postponed after the Spaceflight orbital transfer vehicle responsible for launching and deploying Kleos’ satellites experienced technical issues.

“Delays are a common occurrence in the industry and we are committed to navigating them quickly to ensure our customers’ satellites still get to orbit in a timely manner,” Tony Frego, VP of mission management at Spaceflight, said.

“Through our portfolio of launch vehicles, we were able to secure capacity for Kleos on a new launch that will occur in only a few months.”

Kleos CEO Andy Bowyer said given its four Patrol Mission satellites were not damaged, the company was able to mitigate the delay by quickly rescheduling the launch.

“The launch delay does not impact the revenue generating life of the mission,” Mr Bowyer said.

Kleos’ fourth satellite cluster, the Observer Mission (KSF3), was unaffected by the Patrol Mission delay and remains on track to launch in mid-2022.

KSS shares were up 0.71 per cent at 71 cents at 1:30 pm AEDT.

KSS by the numbers
More From The Market Herald

" Navarre Minerals (ASX:NML) broad gold zones in first holes at St Arnaud

Navarre Minerals Limited (ASX:NML) reports on its completed drilling program at the St Arnaud Gold Project 240…

" New magnetic anomalies identified Alderan Resources (ASX:AL8) Frisco project

New magnetic anomalies were identified over Alderan Resources (ASX:AL8) Frisco copper-gold-zinc-silver project in Utah, USA.

" Desert Metals (ASX:DM1) initiates drilling at Belele and Innouendy

Desert Metals (ASX:DM1) has begun a five-hole reverse circulation (RC) program at the Belele project in…

" Tower (ASX:TWR) responds after natural disaster in Tonga

Insurance provider Tower (ASX:TWR) is in assessing the impact of the significant eruption of underwater volcano…