ASX-listed Kleos Space rises as co's satellites get launch approval

Kleos Space SA

09/12/2021 24:33

** Shares of Kleos Space SA  KSS.AX  rise as much as 4.4% to
A$0.720, post their biggest intraday percentage gain since Nov
25 
    ** The Luxembourg-based geo-located intelligence service
provider says third satellite cluster of four satellites have
passed all pre-shipment tests and are on track to launch onboard
the Transporter-3 SpaceX mission in January 2022  urn:newsml:reuters.com:*:nASX4vCk7S
    ** Says its satellites detect and geo-locate radio frequency
activity to within 300 metres, improving detection of illegal
activity such as piracy, drug smuggling and border security
challenges
    ** Stock up ~32.7% this year, as of last close 

 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))