Kleos Space announced its Q1 2022 activities update

Kleos Space S. A (ASX: KSS) has released its quarter ended 31 March 2022 activities and appendix 4C cash flow report

• Kleos’s monthly revenue in March 2022 was AU$167K.
• The company has introduced its new mission-as-a-service offering (MaaS), which provides customers with the option for a dedicated and taskable RF reconnaissance mission.
• KSS is planning to continue to build world-class industry partnerships, including with NASDAQ-listed Satellogic (NASDAQ: SATL)
• The company currently has a global pipeline of over 260 government and commercial deals, including spanning defence departments, national security agencies, coast guards, sanctions agencies, and data aggregators.
• KSS aims to focus on refining the quality & frequency of its satellite capacity and data delivery and converting introductory subscriber deals to repeat recurring revenue, aiming monthly EBITDA positive status during mid-2022.

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