Highly experienced management team have already successfully launched Israels first nano satellite in 2014.
They have a partner (Pan African Telecom) prepared to buy all the bandwidth produced from the first three nano satellites which will be launched next year. In the coming weeks SSG are about to sign for a launch date.
There are nano satellites out in space - but most of these are rendered useless as they are not able to communicate with each other. From the presentation "Developed software technology enabling the communication between nano-satellites in constellation and earth to create bandwidth - currently being patented"
Once the initial 3 satellites are up and running they will then create a proprietary communication frequency which will be patented - this is the secret sauce.
The plan is to have 100 nano satellites up and running in the next 2-3 years generating up to 500M per year in Revenue.
This is a great value tech stock at 24M odd Market Cap. Don't have to bet the house but definitely something to put away long term.
BUR Price at posting:
0.4¢ Sentiment: Buy Disclosure: Not Held
