Kleos to move into UK Space Park

Kleos has announced plans to begin operations at the University of Leicester’s Space Park in the UK.

Kleos to move into UK Space Park

The Luxembourg-based ‘“spy satellite” company, which is also on the ASX, is best known for using its clusters in low-Earth orbit to geolocate emissions from passing ships that may be trying to hide their positions. It currently has a constellation of 12 satellites, with the launch of its fourth cluster planned in the coming months.

Kleos Space said the move is the first step in a long-term strategic plan to integrate into the growing UK market.

The business’ global chief innovation officer, Miles Ashcroft, said, “The Space Park offers a fantastic work environment for us, and with its plans for the future and potential opportunities for collaboration, it is great a fit for our strategy to grow to meet the demands of our customers.”

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The Space Park aims to be a world-leading hub for innovative space research, business enterprise, and further education in space and earth observation.

Opening in the first half of 2021, it brings together academics, industry entities and students to create an organic collaborative community within the space sector.

Meanwhile, the University of Leicester has a strong history of space-focused research, innovation, and engineering, boasting a 55-year record of at least one piece of Leicester-built equipment operating in space every year.

Space Connect previously reported how Kleos signed a deal to share its geolocation data with the US Navy in June. 

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The business’ US subsidiary will work with the country to find innovative new ways to stop smuggling, control fishing and conduct search and rescue operations.

Earlier this week, it also secured $10 million of debt facility from an Australian asset management company.

The funding will be used to increase the company’s operational capacities on the ground and finance the expansion of its network of satellite clusters beyond the 16 planned for 2022.

Kleos CEO Andy Bowyer will appear on the Space Connect Podcast in the next few weeks. You can listen to previous episodes here.

 

Adam Thorn

Adam Thorn

Adam is a journalist who has worked for more than 40 prestigious media brands in the UK and Australia. Since 2005, his varied career has included stints as a reporter, copy editor, feature writer and editor for publications as diverse as Fleet Street newspaper The Sunday Times, fashion bible Jones, media and marketing website Mumbrella as well as lifestyle magazines such as GQ, Woman’s Weekly, Men’s Health and Loaded. He joined Momentum Media in early 2020 and currently writes for Australian Aviation and World of Aviation.

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