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Kleos Space Dual-Lists on Frankfurt Stock Exchange

By | December 14, 2018
The Kleos Space team. Photo: Kleos Space

The Kleos Space team. Photo: Kleos Space

Kleos Space, a space technology operator, is now dual-listing company shares on the Frankfurt Stock Exchange. The company is trading with the ticker code KS1 as it prepares for the launch of its first satellites and commercialization of its Data as a Service (DAAS) product in 2019.

“While we are delighted to have many Australian investors already on board, we have dual-listed on the Frankfurt Stock Exchange to support our strategy which aims at broadening our European investor base,” Kleos Space Chief Executive Officer (CEO) Andy Bowyer said. “It will allow European investors to engage more easily with the company’s plans over the next 12 months as it launches the Kleos Scouting Mission and starts selling its commercial and independent data to government agencies, the Intelligence, Surveillance, and Reconnaissance (ISR) community, and organizations interested in locating threats, assets or those in need of search and rescue.

Kleos Space shares are already quoted on the Australian Securities Exchange (ASX). Earlier this year, Kleos acquired nanosatellites from GomSpace, and signed a contract with Rocket Lab.