DLA Piper advises Kleos Space on the first ever Australian Stock Exchange IPO by a Luxembourg based company

en

DLA Piper has advised the Luxembourg based company "Kleos Space" on its initial offer to investors on the Australian Stock Exchange that floated last week

<< Back
04/09/2018 |
  • DLA Piper rgb

The offer comes in the lead-up to the planned launch of the company’s first satellite, built by Danish cubesat manufacturer GomSpace, in mid-2019, to detect radio transmissions and pinpoint their origin and timing. Kleos Space offers satellite technology which responds to Governments needs for new technologies to support to enhance border and maritime security.

DLA Piper Luxembourg and DLA Piper Australia worked closely together. Partner David Ryan led the Australian team along with special council, Kelly Morrison and solicitor Amina Karcic. Partner Catherine Pogorzelski led the Luxembourg team along with partner Laurent Massinon and senior associate Ambroise Foerster, supported by finance, regulatory and corporate lawyers.

Ms Pogorzelski said that the space industry is key for Luxembourg. With its different initiatives and commitments, the country aims at contributing to the peaceful exploration and sustainable utilization of space resources. " The firm is proud having supported the first ever Luxembourg issuer whose instruments are admitted to listing and trading on the Australian Stock Exchange and we are delighted to partner with Kleos Space on their move from a start-up to an emerging corporate."

Mr Ryan said the cross border nature of the equity raising highlighted the international capability of DLA Piper and also positioned the firm well to work with the burgeoning space industry in the future. “To be working with a business that operates in such an interesting area, with such substantial opportunities for growth is exciting and it’s also fantastic to be able to provide value to a client such as Kleos as it seeks international connections.”

Back to top  | << Back

Communiqués liés

stock-acier-lifteurop-press (002)
20/08/2019

Le respect de l’environnement : un prérequis pour les fou...

Dans le cadre de sa politique RSE, LIFTEUROP place le respect de l’environneme...

Lifteurop
Advanzia-JohannesNeander 9482 (002)
19/08/2019

Mastercard and Advanzia: Working together for a world withou...

Advanzia Bank is proud to support the Mastercard - World Food Programme partners...

Advanzia Bank S.A
TEST MY PITCH - logo (002)

Once upon a pitch, you made an impact.

We have all listened to a presentation and walked away without remembering what ...

stepping-Stone Sarl
2 - Source The State of Maritime Piracy 2018  One Earth Future (002)
12/08/2019

Kleos Space change d’orbite en réponse à la demande du m...

4,5 fois plus de données dans les zones d'activités illégales principales en ...

Kleos Space S.A.
ERG
12/08/2019

ERG’s Metalkol RTR announces inaugural Clean Cobalt Perfor...

Eurasian Resources Group (“ERG” or “The Group”), a leading diversified n...

Eurasian Resources
469544 (002)
09/08/2019

Dunlop Sport Classic tops Auto Bild Klassik’s vintage tire...

The Dunlop Sport Classic acknowledges like no other vintage tire that classic ve...

Goodyear Dunlop

Il n'y a aucun résultat pour votre recherche

We use cookies to ensure the best experience on our website. By accepting you agree the use of cookies. OK Learn more