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Sky and Space Global (ASX: SAS)

They told us on Star Trek, so it must be true: space is the final frontier.

Yet back in the 1960s when William Shatner was Captain Kirk space business was just a pipedream.

Today commercially savvy space business ‘explorers’ are looking to take their businesses into the stratosphere, with even earth’s biggest businesses having a crack at space domination.

Think Virgin through Virgin Galactic and even Tesla founder Elon Musk who is creating his own mission to Mars.

Sky and Space Global (ASX:SAS) is one company with interstellar ambitions and has already signed an MoU with Virgin Galactic to help it launch its communication satellites into space, as it hopes to bring much needed communication tools to third world countries.

SAS has been flying high lately and is set for its maiden flight in early 2017.

In fact it is signing deals left right and centre including with Flex Israel, affiliated with the $7.5 billion capped tech giant Flextronics – who could plug SAS directly into global communications infrastructure.

SAS has also been approved by the UK Ministry of Defence to use its UHF frequency until the end of 2019, with the possibility to extend this initial timeframe.

Fully funded beyond the 2017 launch of its satellite pilot network, construction of SAS’s first nano-satellites is on track to commence next month.

The information on this page should not be the only trigger for your investment decision. Click on the links below for a more in-depth and informed examination of the company. We strongly recommend you seek professional financial advice whenever making financial investment decisions.

The $32 million capped SAS is positioning itself a first mover in the nano-satellite space communication race and is well placed to turn on the boosters as investors look to jump on board.

 

Latest Article

Monetising the Final Frontier: SAS on Launch Pad to Commercial Orbit

We’re catching up with our favourite space-bound pacesetter in this edition of The Next Tech Stock. With the ink on the Virgin Galactic deal now dry, Sky and Space Global (ASX:SAS) has its after-burners primed for an epic space voyage by the end of 2018 — a voyage to pepper the earth’s low orbit with 200 Xbox-sized mini satellites that will further accelerate our rendezvous with a sci-fi future, today.

Sep 28, 2016 Continue Reading

Conflict of Interest Notice

S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.

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