Australia and Luxembourg-registered Kleos Space, which uses small satellites to detect and locate radio frequency signals to uncover illegal activity on land and sea, has filed for bankruptcy in Luxembourg. Trading in its shares in Australia had already been suspended on May 3. It already has 16 satellites in orbit (although there are problems with […]

Kleos Space has reported a modest revenue injection from a successful contract for its ‘Vigilance Mission’ but also warned the market that the business is at risk of “underperforming” financially. Kleos is a space-powered defence and intelligence technology company. The cautionary statement appeared in the Kleos annual report, and in a note from auditors Ernst […]