Sky and Space Global (UK) Ltd is a British public company planning a constellation of 200 nanosatellites in equatorial Low Earth orbit for narrowband communications that it expects will cost $160 million or less to complete in total.
After its incorporation in November 2015 Sky and Space Global (UK) Ltd performed a reverse merger with Burleson Energy Limited enabling a backdoor listing on the ASX and successfully completing an IPO worth $4.5 million on 31 May 2016.
[7] Sat-Space Africa forecasts revenues from using only a minor portion of bandwidth capacity provided by the three demonstration satellites of approximately $500,000 per annum, with the potential grow up to $2 million with the full equatorial constellation in operation.
[11] On 30 August 2021 Sky and Space Global was delisted by the Australian Stock Exchange as they could not meet the ongoing requirements of a good corporate citizen and also failed to pay their annual listing fees.
[20] On 27 September 2016 the company announced that it has received approval from the United Kingdom's Ministry of Defence to use its UHF frequencies for command and telemetry of the three demonstration satellites until the end of 2019 with the possibility to extend this timeframe.
[23] On 20 February 2017 Sky and Space Global announced the signing of a memorandum of understanding with SocialEco Ltd, a company that produces a low-cost smartphone set to enable digital financial inclusion of the 4 billion people living on less than $8 per day.