ASX-listed Kleos Space (KSS) has partnered with NASDAQ-listed geospatial analytics company Satellogic (NASDAQ: SATL) to pursue government and commercial tenders.
Satellogic is a leading global provider of high-resolution satellite imagery to government and commercial customers, and currently has 17 satellites in low earth orbit. Its high-resolution, high-frequency earth observation platform improves access and affordability of geospatial data for mainstream applications.
Under the partnership, Kleos’ radio frequency geolocation data will be layered with other types of earth observation data as a comprehensive intelligence, surveillance, and reconnaissance (ISR) offering. The integrated datasets improve situational awareness and provide critical insights, which enable decision-making at scale for government customers. Kleos said the partnership opens the doors for collaboration on current and future opportunities.
Kleos’ Chief Revenue Officer, Eric von Eckartsberg, said, “Satellogic is a complementary geospatial data and analytics provider, and we are leveraging our combined products and technology to secure large-scale government and commercial tenders. Satellogic will lead the tender response on opportunities, and we look forward to supporting them with our precision radio frequency geolocation data, low earth orbit technology and industry know-how. We’re really looking forward to unlocking new capabilities from the fusion of these datasets and are confident our customers, both government and commercial, will realise significant benefits.
Commenting on the partnership, President at Satellogic North America, Matt Tirman said, “Collaboration is key in advancing geospatial technology for complex and global-scale missions. We believe this partnership will accelerate the development and deployment of breakthrough ISR capabilities to enable more effective and timely strategies in identifying and mitigating emerging threats.”
Kleos currently has eight satellites in orbit and a further eight launching in H1 2022, which collect radio frequency transmissions over key areas of interest to produce its Guardian LOCATE data products. Its geolocation data improves the detection of illegal activity, including piracy, drug and people smuggling, and border security challenges and complements existing commercial datasets, as it does not rely on the presence of positioning systems, such as GPS or AIS.
Kleos’ Patrol and Observer Missions are scheduled to launch in April and June 2022 respectively and will each increase the company’s daily global coverage by 119 million km².
Satellogic is projected to scale its constellation to 60+ satellites in orbit by 2023 for weekly global coverage, and 200+ by 2025 for daily global coverage. Each satellite has a daily data collection capacity of 300,000 km² and is equipped with high-resolution multispectral imagery, hyperspectral imagery, and full-motion video capabilities.
