For Sky and Space Global, ‘all options’ are being considered to raise cash this year

UPDATE APRIL 30: Sky and Space Global reported spending 2.82 million Australian dollars in the three months ending March 31 and said it expected to need 2.9 million Australian dollars for the three months ending June 30. After accounting for the 10 million Australian dollars raised from shareholders in April, the company reported a cash balance of 9 million Australian dollars as of March 31.

PARIS — Startup narrowband satellite constellation operator Sky and Space Global Ltd. (SAS) completed a two-part capital raise from institutional and individual shareholders, meeting the company’s goal . . .

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