January 25th, 2022 | 13:01 CET
TeamViewer, Kleos Space, Palantir - New opportunity after correction
Around fifty new Starlink satellites were launched into space last week, still so bright they will pass over the evening sky as an eye-catching string of light for days. Starlink is a satellite network operated by the US space company SpaceX, which in the future will provide worldwide and fast Internet access to the far corners of the Earth. In addition to serial founder Elon Musk's company, other hopefuls are making use of satellite technology. Their ambition is to ensure security on Earth. A hopeful venture with great potential for development.
time to read: 3 minutes
|
Author:
Stefan Feulner
ISIN:
TEAMVIEWER AG INH O.N. | DE000A2YN900 , KLEOS SPACE CDI/1/1 | AU0000015588 , PALANTIR TECHNOLOGIES INC | US69608A1088
Table of contents:
Author
Stefan Feulner
The native Franconian has more than 20 years of stock exchange experience and a broadly diversified network.
He is passionate about analyzing a wide variety of business models and investigating new trends.
Tag cloud
Shares cloud
Battle of the billionaires
The space industry is booming, not just because an arms race is taking place between the richest of the rich, Elon Musk with SpaceX and Amazon founder Jeff Bezos with BlueOrigin. They are joined by the founder of the Virgin group of companies, Richard Branson, who made a successful flight into space last year, even before Bezos. However, in addition to space tourism, several beneficial activities can serve humanity in the future in terms of safety, pollution and economy.
Currently, analysts estimate that satellite-based Earth observation has a potential of around EUR 4 billion, with an annual growth rate of 6%. Kleos Space, an Australian-founded and Luxembourg-based company, has positioned itself as a data-as-a-service provider in this space and is looking to grow significantly through a recent successful placement of USD 9.4 million to scale its data and thus its offering to clients.
The data is geospatial data obtained from satellites flying around the world. Kleos Space is the first company to fly clusters of four satellites, each receiving radio transmissions from the ground. The focus at the moment is on the maritime domain. Data is being recorded and analyzed from the South China Sea, East and West Africa, and the northern coast of Australia. When the data is received from each satellite, multilateration, a mathematical calculation, is performed that allows radio activities to be accurately located.
Project postponed
So far, 2 clusters have been launched into space, with the third scheduled to go up in conjunction with the next SpaceX Transporter Rideshare flight as early as January. However, problems with the transport vehicle caused delays that management says will not have a long-term financial impact on the life of the mission. The new launch date for the third cluster has been set for April when the satellites will be part of the SpaceX Transporter-4 mission.
Kleos' fourth satellite cluster, the Observer Mission (KSF3), was not affected by the patrol mission delay and is still scheduled to launch in mid-2022. CEO Andy Bowyer stated the medium-term goal is to launch 20 clusters into space. Due to the current market correction, in which peer group companies from the US such as Rocket Lab and Spire lost significantly more value, Kleos Space corrected from highs of EUR 0.72 last year to currently EUR 0.44. Its market capitalization is currently EUR 70.64 million, while its competitors are already more than USD 3 billion.
The innovative company will present itself at the International Investment Forum (IIF) on February 17, 2022. Interested parties can register free of charge at ii-forum.com/kleos-space-sa-cdis.
Countermovement started
The TeamViewer AG share has moved against the negative market trend since the beginning of the year. The share of the Goeppingen-based company, which had been in free fall since October of last year, was able to break away from the lows of EUR 10.71 and is currently trading at EUR 14.99. A sustained breakout above the EUR 15.15 mark could generate a new buy signal once again. The 200-day line is already at EUR 22.13.
After two forecast reductions in the past year, the preliminary result met the revised target. On February 2, the MDAX stock will present its preliminary, unaudited figures. The share is currently experiencing a countermovement in a downward trend and will have to continue to deliver during the course of the year to achieve a trend reversal.
Under the wheels
The share of data analysis specialist Palantir Technologies was also hit hard. Despite promising deals in the private sector, including a large contract with South Korea's Hyundai Heavy Industries, and solid business with the public sector, the stock has lost about 30% since the beginning of the year. The long-term outlook remains positive, with projected growth of more than 30% per year.
However, from a chart perspective, the situation looks negative in the short term. After breaking through several support zones, the value is currently quoted at USD 13.53. A test of the next support at USD 11.42 is not unlikely.
Currently, the technology sector is correcting due to the fear of several interest rate hikes by the FED. Palantir and Kleos Space fell significantly, but the long-term outlook is positive. TeamViewer was able to buck the trend.
Conflict of interest
Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may hold shares or other financial instruments of the aforementioned companies in the future or may bet on rising or falling prices and thus a conflict of interest may arise in the future. The Relevant Persons reserve the right to buy or sell shares or other financial instruments of the Company at any time (hereinafter each a "Transaction"). Transactions may, under certain circumstances, influence the respective price of the shares or other financial instruments of the Company.
In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships.
For this reason, there is a concrete conflict of interest.
The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies.
Risk notice
Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on news.financial. These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such.
The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user.
The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use.
