Kleos Scouting Mission launch update

The Company has been informed (by NSIL via Spaceflight Inc.) that the launch of the four Kleos satellites planned on-board PSLV-C49 mission is being targeted during the 1st half of November 2020, based on the current status of planning of activities. This schedule is subject to change due to operational circumstances beyond NSIL control.

The Company is launching the Scouting satellites under a rideshare contract with Spaceflight Inc, with the launch managed by NewSpace India Limited (NSIL), a Government of India company under Department of Space.

The Kleos' Scouting Mission four satellites have been mission-ready since the middle of 2019, and were shipped to the launch site during February 2020, anticipating the launch during March 2020. Delay to the launch from March 2020 has been due to the prevailing COVID-19 pandemic situation.

As Kleos Space is ready and waiting to launch its KSM satellites, the company was able to seal partnerships allowing for a fast commercialization. This week a Distribution Partner and Data Integrator Agreement has been finalized with Longmont, Colorado based AllSource Analysis Inc (AllSource), a leader in finished geospatial intelligence.

The multi-year agreement allows AllSource to leverage the radio-frequency reconnaissance data-as-a-service (DaaS) captured by Kleos to provide its end customers with additional insights for their intelligence requirements.

Karyn Hayes-Ryan, Kleos Space Inc Director said at the signature of the agreement "The Kleos business model is to sell our data products through integrators that bring different data sets together with the Kleos RF Geolocation data products, analyzing and adding value to the data before selling a derived product to their customer base. We are very pleased to be working with All Source experts, contributing to their high impact intelligence output."

In due course, NSIL via Spaceflight Inc. will confirm the exact launch date once the activities at the launch base progress successfully.