The Luxembourg-based satellite communications provider says the unnamed Brazillian company’s order, and first South American sale, has been secured by regional space expert Pierre Duquesne, who was the former managing director for Airbus Intelligence in South America.
Andy Bowyer, CEO of Kleos Space (ASX:KSS) said, “We are pleased at the rapid progress Pierre Duquesne has made in the short time since his engagement as our representative for the South American market.
“We continue to pursue early orders as we eagerly anticipate launch of the Kleos’ Scouting Mission in Q4 this year.
Kleos cites comments by The Corporacion Andina de Fomento (CAF) – the Latin American Development bank - that the outlook by 2040 for the maritime and port sector in Latin America and the Caribbean suggests “an attractive environment for growth with planned investments over 45 billion euros in the coming decade”.
Kleos' confirmaton of the South American deal follows the company's announcement last month – as reported by iTWire – that it had secured US$3 million in funding for its second cluster of satellites.
Bowyer said the funding – by way of a debt instrument - enabled the company to accelerate business development and revenue generating activities, and to place orders for the 2nd cluster of satellites for their 2020 launch.
“We will now recruit additional product development engineers and management to assist with the delivery of our data products, we will also recruit sales and sales support professionals to help respond to inbound sales enquiries and manage key accounts, increasing orders and contracts,” Bowyer said.