February 2020

News on key developments at SupremeSAT, and general news on the Space and Satellite industry from across the web

Kleos Space secures EUR3.1 million loan agreement – Satellite News Digest

Kleos Space S.A, a space-powered Radio Frequency Reconnaissance data-as-a-service (DaaS) company, headquartered in Luxembourg, secured a EUR3.1 million loan agreement with Dubai-based family office Winance to progress its commercialisation plans and repay the extant convertible note. Winance will further provide optional EUR6.0 million through a convertible note agreement, subject to final documentation. http://www.sat-nd.com/archive/?id=2020022303

Ninth Meridian satellite launched – Satellite News Digest

Rocket: Soyuz-2.1a/Fregat-M; Payload: Meridian-M No.19L; Date: 20 February 2020, 0824 UTC; Launch site: Plesetsk, Russia. The military communications satellite was placed into an 895 km x 39,550 km x 62.86° Molniya orbit two hours and twenty minutes after launch. http://www.sat-nd.com/archive/?id=2020022000