Here is the first of many deals between SSG and global telco providers. This African deal with Sat-Space will generate $300 - $500 million revenue per year. That is the equivalent of 120 nano satellite worth of bandwidth revenue. Using the advanced production line technologies of GomSpace the nanosat constellation can be manufactured and deployed relatively quickly, once the initial 2-3 nanosats have been deployed and tested.
I would imagine that production line manufacture for the main constellation will provided significant savings in both time and money. Suffice to say, the constellation deployment costs could well be recovered in just the first year, through this deal alone!
Without doubt, this is the best money making venture I have come across in a VERY long time. It is truly ‘disruptive’. When larger global investors appreciate what is happening here, the share price will go through the roof!
BUR Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
