Kleos Space S.A. has appointed international Space finance executive Padraig McCarthy as a Non-Executive Director and Chair of the Audit and Risk Management Committee, effective as of 3 November 2021. Highly experienced, Mr. McCarthy is currently a Partner at the private equity firm NewSpace Capital and an independent Non-Executive Director and Audit Committee Chair at listed self-storage company Shurgard. He brings more than two decades of Space industry experience to Kleos, previously serving as Chief Financial Officer (CFO) and member of the Executive Committee at global satellite leader SES, where he raised more than 5 billion to fund the company's growth strategy. Kleos' Co-founder Miles Ashcroft, who has recently been appointed Chief Innovation Officer to lead research and product innovation, has stepped down from the Board as an Executive Director in order to facilitate the transition to an independent Board.