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Space

Kleos Space raises €1.4 million, lines up Australian IPO

Active in geolocation services, Kleos will be first and only Luxembourg-based company to be listed on Australian Stock Exchange

Roxana Mironescu
07.02.2018

Luxembourg-based space technology provider Kleos Space has announced the closing of a €1.4-million seed funding round and is lining up an initial public offering (IPO) on the Australian Stock Exchange (ASX) in the third quarter.

Kleos – 100% owned by UK-based Magna Parva – is active in geo-location services and space infrastructure for geo-intelligence and signal-intelligence applications.

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