Business
The Kleos (ASX:KSS) share price launched 6% higher today
The Kleos Space SA (ASX: KSS) share price marched ahead today despite a lack of announcements during the trading session. The satellite reconnaissance company’s shares finished up 6% higher to 71 cents per share.
With no news out today, it might be worth looking at recent developments to understand what could have the market excited.
Kleos share price tapping US interest?
The volume of shares traded today (more than 1.13 million) was abnormally high considering its last announcement was on 12 March. At that time, Kleos provided an investor presentation specifically for United States public market investors. Since that release, the company’s shares have gained nearly 14%.
Kleos’ service is focused on collecting radio spectrum…
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