Satellite-based frequency-surveillance startup Kleos Space faces market test this year

by Peter B. de Selding

CUNCY-LES-VARZY, France — Startup satellite-based radio-frequency reconnaissance provider Kleos Space S.A., now with two four-satellite clusters in orbit, said it expects to generate $7 million in annualized revenue by the end of the year as trial customers convert to commercial subscriptions.

Like its competitors Hawkeye 360 of the United States and Unseenlabs of France, Kleos — based in Luxembourg with stock traded on the Australian and Frankfurt exchanges — expects its main customer set to be government agencies, civil and military.

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