Kleos Space signs channel partner agreement with US defence company
Kleos Space has announced it has signed a channel partner agreement with newly-created specialist US-based defence company, Victoria Falls Technology.
The agreement allows the "procurement and integration of Kleos' radio frequency reconnaissance data into US Defence programs", including those included in the US Air Force Small Business Innovation and Research (SBIR) program.
In the event that Kleos' channel partner's proposal is selected by the US Air Force, development work would commence in 2020 and be carried out over a one-to-two-year period, with a revenue generation opportunity for Kleos Space valued between US$750,000-US$3 million.
“As Kleos will be able to provide its customers with an unprecedented view of global maritime activity, we are very excited to have signed this agreement with a key US-based defence company and will work closely with them to ensure success," Andy Bowyer, CEO of Kleos Space said.
"This agreement highlights the benefit of our business model to provide commercially independent data for the defence and intelligence communities, allowing them to access an enhanced maritime security picture as well as verify existing anti-terrorism and crime monitoring datasets.”
Under the non-exclusive agreement, Victoria Falls Technology would be able to "procure and incorporate Kleos’ Scouting Mission Data into their defence offering and as part of ‘innovation and research project’ proposals."
Kleos Scouting Mission features a multi-satellite system that will "form the cornerstone of a constellation that delivers a global picture of hidden maritime activity, enhancing the intelligence capability of government and commercial entities when AIS (automatic identification system) is defeated, imagery unclear and targets out of patrol range."
Kleos' first satellites are "on track" to be launched later this year on a Rocket Lab Electron rocket out of New Zealand.
The company also said the SBIR program could lead to further long-term projects.
"Partnerships with trusted intelligence providers in key target markets, such as the US, is an important part of Kleos’ long-term market strategy,” said Bowyer.
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