Former NewSat director to stand trial
The former director of NewSat will stand trial after three charges were brought against him by the Australian Securities and Investments Commission.
The former director of NewSat will stand trial after three charges were brought against him by the Australian Securities and Investments Commission.
NewSat (ASX: NWT) and its subsidiaries have entered administration pending an assessment of its financial position.
Australian satellite firm NewSat, (ASX: NWT) has signed an $12.5 million (US$11.7 million) contract for the supply of Jabiru-2 satellite transmission capacity over Australia, Papua New Guinea, Timor Leste and the Solomon Islands.
Australian satellite company NewSat has signed a 15-year contract with a telecommunications company in South West Asia worth US$160 million.
Australian satellite operator NewSat (ASX: NWT) is now trading shares on OTCQX International, a United States-based marketplace used by overseas companies that are listed on an international exchange.
NewSat has announced $5 million worth of contracts the Australian satellite company signed in Q1 FY14. The teleport contracts cover Australia and the Pacific and the Middle East.
The US department of defence has an “insatiable appetite” for Ka band capacity at the moment, which covers the frequencies of 26.5-40 GHz, according to NewSat Limited founder and CEO, Adrian Ballintine, whose company has sealed satellite deals with the American military.
Australian satellite company, NewSat (ASX: NWT), has signed a 10-year contract with a Middle Eastern telco for Jabiru satellite transmission capacity worth more than $67 million.
ASX-listed satellite provider NewSat (ASX:NWT) has signed a new deal with Quicklink Communications worth some $40 million over three years.
Satellite company Newsat (ASX:NWT) plans to conduct a 50 for 1 share consolidation to help improve its trading price.
Satellite company NewSat (ASX:NWT) has reported a $300,000 profit for FY11, from 15 per cent higher revenue of $28.8 million.
Satellite services provider NewSat (ASX:NWT) on Tuesday appointed space industry veteran Michael Hewins as its new Chief Operating Officer.
Satellite company NewSat (ASX:NWT) has signed a deal worth up to $US114 million ($110.44 million) to provide capacity on its upcoming Jabiru-1 satellite.
NewSat (ASX:NWT) revealed it has won 58 new satellite services contracts worth a combined $1.7 million.
Canon appoints new managing director, while former Intelsat executive moves to CTO role with NewSat