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Kleos invests for future growth, expands Luxembourg headquarters

Press Release From: Kleos Space S.A.
Posted: Thursday, September 9, 2021

Kleos Space S.A (ASX: KSS, Frankfurt: KS1), a space-powered Radio Frequency Reconnaissance data-as-a-service (DaaS) company, is investing for future growth, moving its Luxembourg headquarters to a new bespoke facility to incorporate the company’s key functions under the one roof from 1 November 2021.

Located in the newly-built ParcLuxite Business Park in Kockelscheuer, Luxembourg, Kleos’ new headquarters will be home to the company’s engineering and operations facilities, housing environmental test chambers and a dedicated clean room space for the assembly, integration and test of sensitive space hardware as well as its mission control centre. It enables Kleos to scale its global geolocation data-as-a-service, and further support its additional engineering teams in the UK and the US.

ParcLuxite is a 65-hectare complex dedicated to innovation and high-tech companies on the historical site of the Poudrerie de Luxembourg.  It is considered Luxembourg’s equivalent of a mini–Silicon Valley.

Kleos’ COO, Heribert Kraemer said, “Our new Luxite facility will enable us to be immersed in a tech environment. It will provide Kleos with the right framework to foster innovation and the capacity to support our growing operations. The office will host the mission operations team, global finance, and communications. As we continue to build our constellation and commercialise our data products, we are also increasing our team to support long-term growth. Our newly-built office will provide a great working environment for the team to ensure we continue to meet the needs of our customers.”

Kleos’ satellites detect and geolocate radio frequency signals to improve the detection of illegal and hidden activity such as piracy, drug and people smuggling, illegal fishing and border challenges. Its independent geolocation data complements existing datasets and enhances the intelligence, surveillance, and reconnaissance (ISR) capabilities of governments and commercial entities.

Kleos is rapidly building its satellite constellation and currently has eight satellites in space, flown in clusters of four in close formation, with a third cluster in build for a launch in the coming months onboard a SpaceX Falcon 9. Each new cluster launched adds to the data products available to the customer base, with the target to launch up to twenty clusters for near-real time global observation.

Kleos CEO Andy Bowyer, said, “It’s an exciting period for Kleos as we transition from an R&D company into a commercial provider of geolocation intelligence data. Our new facility will support our constellation growth, enhancing our global coverage and providing our customers with access to specific areas of interest and multiple datasets. Our data is already being delivered to early adopter customers and we are currently in discussion with a number of potential European-based subscribers.”

Lou Weis

Apollo Strategists

T :  +352 26 20 28 38 35

M : +352 621 658 977

www.apollo.lu

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