PARIS — Narrowband voice and data communications startup Sky and Space Global Ltd., still on a financial knife edge, said it had $1.36 million in cash as of June 30 and expected to need 80% of that to cover costs through September.
The company said it was continuing to pursue financing options and had negotiated yet another contract-negotiation extension with satellite builder GomSpace, until Aug. 31, to secure financing for Sky and Space’s satellite constellation.
The repeated delays in activating the GomSpace contract . . .
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