The latest news out of the company is that two board members have resigned and an update has been provided on its debt financing and operating expenditure.
Former gas and petroleum explore turned satellite company, Sky and Space Global share price has seen its share price decimated on its first day trading on the ASX since 4 February.
At time of writing, Sky and Space Global Ltd [ASX:SAS] is up 5%, trading at $.06. The rise came on the back of an announcement that the company had struck a deal with two Brazilian internet and communications providers.
Shares in Sky and Space Global Ltd [ASX:SAS] are up 8.3% today thanks to a world first. Today’s success is a critical milestone for the company and validates their efforts.