Kleos Space has opened its irst overseas sales and business
development ofice in Canberra. The Australian subsidiary
will be tasked with developing the broader Asia Paciic
market. Luxembourg-based Kleos has previously announced
plans to list on the ASX later this year. It intends to
launch and operate its irst earth observation satellite
system in early 2019. Earlier this month it signed a $3.5
million contract with GomSpace to deliver the irst of a
planned 20 satellite constellation.
The company sees Australia as a potentially strong market
for its services, particularly among government agencies. It
has also noted federal government funding of $500 million
for space-based intelligence, surveillance and
reconnaissance capability. Former ADF member Erik Tyler has
been appointed MD to lead the regional subsidiary. Kleos was
spun off from UK-based parent company Magna Parva and has
had backing from the Luxembourg government, the UK Ministry
of Defence, the European Space. Geoff Long, Commsday
