Rivada acted as a “white knight” in an escalating conflict between German and Chinese shareholders of the German satellite company KLEO Connect. Its German founders were afraid their Chinese financiers would do their own thing with the radio licenses, which the founders had filed through Liechtenstein. After growing suspicions, the German founders managed to save the project at the last minute, it seems. With the approval of the Liechtenstein regulator, the licenses were transferred to the newly founded Rivada Space Networks.