Australia's Kleo Space gains on signing satellite contract

Kleos Space SA

19/10/2021 04:22

** Shares of Kleos Space SA  KSS.AX  rise as much as 4.6% to
A$0.8, their highest since Sep. 29
    ** Luxembourg-based geo-located intelligence service
provider signs contract to build and launch fourth satellite
cluster, "Observer Mission" to increase its data collection
capacity
    ** Contract signed with the Netherlands-based satellite
builder Innovative Solutions in Space B.V. and U.S.-based launch
services provider Spaceflight Inc
    ** KSS on track for its fourth straight session of gains
    ** Stock had risen 47.1% this year, as of last close
    
  

 (Reporting by Dhriti Garg in Bengaluru)
 ((dhriti.garg@thomsonreuters.com))