Kleos Space S.A (ASX: KSS, Frankfurt: KS1, Kleos or Company), a space-powered Radio Frequency Reconnaissance Data-as-a-Service (DaaS) company, has signed a contract with Innovative Solutions in Space B.V. (ISISPACE) to build and support the firm’s third satellite cluster of four satellites, the Polar Patrol Mission (KSF2), scheduled to launch at the end of 2021 onboard a SpaceX Falcon 9.
Specializing in smallsat solutions, the Netherlands-based ISISPACE has more than 15 years of experience in the design, manufacture, and operation of smallsats and is currently also preparing Kleos’ second satellite cluster, the Polar Vigilance Mission (KSF1) for dispatch to the launch site week commencing May 31.
Under the contract, ISISPACE will provide a turn-key solution including design, development, production, testing, launch integration services and early orbit phase support. The Polar Patrol Mission creates an opportunity for higher value subscriptions, increasing revenues by adding more frequent cover over commercial areas of interest and additional data products to the Kleos inventory.
Kleos will pay the approximate 2.45 million euros contract in milestone-based installments, with satellite delivery scheduled for Q4FY21. The contract includes an optional addendum for a further three satellite clusters (12 further satellites in total) that will facilitate constellation growth with volume purchasing advantages. Funding methods for subsequent clusters will be determined by the directors and will be through a combination of revenue, equity or borrowings, depending on capital market conditions prevailing at the time.
Launching into a 500-600 km Sun Synchronous Orbit (SSO), Kleos’ third satellite cluster doubles the company’s coverage over both poles, complementing the Scouting Mission and Polar Vigilance Mission satellites, thereby enhancing global coverage. Data derived from the Scouting Mission satellites is expected to commence to early adopter customers shortly.
Kleos’ Polar Vigilance satellites are on track for a mid-2021 launch onboard a SpaceX Falcon 9, following the recent successful completion of key development milestones with ISISPACE. Kleos’ satellites collect data that is used to detect and geolocate radio frequency transmissions, enhancing the detection of illegal activity, including piracy, drug and people smuggling, border security challenges and illegal fishing. Its global activity-based data is sold as-a-service to governments and commercial entities, complementing existing commercial datasets to improve their intelligence, surveillance,and reconnaissance (ISR) capabilities.
Kleos Space CEO Andy Bowyer said, “ISISPACE has proven to be an ideal development partner for Kleos,with our second satellite cluster nearing completion ahead of a mid-year launch. Targeting a constellation of up to 20 satellite clusters, each new satellite cluster will increase sensing and intelligence gathering capabilities generating higher value data products for subscribers.”
Jeroen Rotteveel, CEO of ISISPACE, said, “We are proud to continue our partnership with Kleos, using our extensive nanosatellite experience to build and design their third satellite cluster within a relatively short timeframe. Asa strategic partner, we look forward to supporting them as they continue to build and launch their small satellite constellation.”