ASX-listed nano-satellite telecommunications provider Sky & Space Global is readying to launch its 3 Diamonds nano satellites with the scheduled launch set for late May.

Sky and Space Global's "3 Diamonds" nano-satellites have been designated as "ready for launch" by construction partner GomSpace.

Nano-satellite company Sky and Space Global has signed an agreement with SocialEco, the company behind the $1 smartphone for developing countries, to explore potential markets, products and commercial opportunities to bring together SocialEco’s $1 smartphone and its own satellite network coverage in under-served and remote locations.

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