PARIS — Startup satellite IoT/M2M constellation operator Sky and Space Global Ltd. said it would make a past-due payment to its satellite prime contractor within weeks to prevent its 200-satellite constellation from slipping too far behind schedule.
The company, registered in the United Kingdom, with shares traded on the Australian Stock Exchange, has signed multiple memoranda of understanding with future customers for its service, which covers the equatorial region.
Three proof-of-concept satellites were launched in June 2017. GomSpace of Denmark and Sweden built the three . . .
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