Posts Tagged ‘NewSat’

ASX Company News: NewSat To Provide Satellite Services To BAE Systems

Monday, July 23rd, 2012

NewSat Limited (NWT), Australia’s satellite company, announces today the signing of a two year contract with its partner BAE Systems. The contract is worth US$8.59 million and is to provide hardware and satellite communications services through NewSat’s Perth based teleport to the Wheatstone Project. The project is one of the world’s largest liquid natural gas (LNG) developments located in the north western region of Western Australia. The contract with BAE Systems will provide offshore satellite communications to enable high-speed connectivity between the customer’s Perth office, offshore platform and production facility in Onslow. The solution has been designed to withstand the cyclonic conditions unique to the region. This new contract expands NewSat’s satellite communication services to the entire Wheatstone Project, both offshore and onshore, to support the project’s construction, operations, administration and staff welfare.

In commenting on the new teleport contract, Adrian Ballintine, NewSat Founder and CEO said: “The Wheatstone Project is a massive LNG project. We have been working with a range of our partners on their tenders and are very happy BAE Systems won the bid. BAE Systems is a global leader in technology solutions and systems and we are delighted to work with such a high calibre organisation. In partnership with BAE Systems, NewSat will deliver enterprise-grade satellite communications to yet another great resource project off the north-west coast of Australia.”

NewSat Limited (NWT) is Australia’s largest specialist satellite communications company, delivering Internet, voice, data and video communications via satellite. With its unique-to-Australia Teleport infrastructure, NewSat provides a full range of managed satellite communication services and has established a reputation as the partner of choice for governments, corporations and private enterprises. Today, NewSat has the ability to provide coverage to 75% of the globe; from Australia, Asia, the Middle East, Africa, across the Indian Ocean extending into Europe and across the Pacific Ocean, reaching into the West coast of the USA.

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ASX Company News: NewSat Sells $30 million Of Afghanistan Satellite Transmission

Friday, June 15th, 2012

NewSat Limited (NWT), Australia’s satellite company, announces the signing of a three year contract with a South Asian satellite reseller. The commitment is for the purchase of US$30.29 million of Jabiru satellite transmission capacity over Afghanistan. Payment in full has been agreed with the customer and is expected before the end of this month.

In commenting on the multi-million dollar contract, Adrian Ballintine, NewSat Founder and CEO said: “Afghanistan continues to have an insatiable appetite for communications, and our high throughput Ka- band satellite capacity is obviously hitting a sweet spot with our customers in the region. The latest contract for US$30 million, takes the total of Jabiru pre-launch customer contracts to over US$600 million.

NewSat Limited (NWT) is Australia’s largest specialist satellite communications company, delivering Internet, voice, data and video communications via satellite. With its unique-to-Australia Teleport infrastructure, NewSat provides a full range of managed satellite communication services and has established a reputation as the partner of choice for governments, corporations and private enterprises. Today, NewSat has the ability to provide coverage to 75% of the globe; from Australia, Asia, the Middle East, Africa, across the Indian Ocean extending into Europe and across the Pacific Ocean, reaching into the West coast of the USA.

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ASX Company News: NewSat Secures Another Middle East Satellite Contract

Thursday, April 26th, 2012

NewSat Limited (NWT), Australia’s satellite company, announced the signing of a contract with a leading US based satellite communications company. The commitment is for the purchase of US$13 million of Jabiru satellite transmission capacity over the Middle East. The three year contract is with an existing NewSat teleport customer, who is a significant supplier to the US Government and large global enterprises. For commercial and competitive reasons the customer details cannot be disclosed at this time and remain confidential.

In commenting on the multi-million dollar contract, Adrian Ballintine, NewSat Founder and CEO said: “This new Jabiru contract takes the total of binding pre-launch contracts to US$571 million. It is with one of our existing long-term teleport customers whose business continues to grow exponentially across the Middle East. Satellite bandwidth is scarce across this region, and today they have secured a significant amount of Ka-band capacity to support their future growth requirements.”

NewSat Limited (NWT) is Australia’s largest specialist satellite communications company, delivering Internet, voice, data and video communications via satellite. With its unique-to-Australia Teleport infrastructure, NewSat provides a full range of managed satellite communication services and has established a reputation as the partner of choice for governments, corporations and private enterprises. Today, NewSat has the ability to provide coverage to 75% of the globe; from Australia, Asia, the Middle East, Africa, across the Indian Ocean extending into Europe and across the Pacific Ocean, reaching into the West coast of the USA.

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ASX Company News: NewSat Secures Five Year Satellite Contract

Tuesday, March 20th, 2012

NewSat Limited (NWT), Australia’s satellite company, announces  the signing of a five year contract with a leading GCC (The Cooperation Council for the Arab States of the Gulf) company. The commitment is for the purchase of $US32.4 million of Jabiru satellite transmission capacity and covers the entire GCC region and parts of the Middle East.

In commenting on the multi-million dollar contract, Adrian Ballintine, NewSat Founder and CEO said: “Demand for satellite capacity continues to grow rapidly, particularly across the Middle East. Our customer has taken the opportunity to secure significant Ka-band over these high growth regions where satellite capacity is scarce.” “The NewSat business continues to achieve major milestones. Our Teleports made the Top 3 Teleports in the world at last week’s Awards in Washington DC, and our Jabiru satellite project continues to secure significant pre-launch contracts. Jabiru has now accumulated US$558 million in pre-launch customer contracts and is scheduled for launch with Arianespace in 2014. Export credit debt financing continues to track to plan for Jabiru-1 and NewSat is now actively progressing further satellites, Jabiru-3, 4 and 5, as we utilise our eight premium orbital slots.”

NewSat Limited (NWT) is Australia’s largest specialist satellite communications company, delivering Internet, voice, data and video communications via satellite. With its unique-to-Australia Teleport infrastructure, NewSat provides a full range of managed satellite communication services and has established a reputation as the partner of choice for governments, corporations and private enterprises. Today, NewSat has the ability to provide coverage to 75% of the globe; from Australia, Asia, the Middle East, Africa, across the Indian Ocean extending into Europe and across the Pacific Ocean, reaching into the West coast of the USA. NewSat will be expanding its satellite capabilities with the Jabiru Satellite Program, beginning with the launch and operation of Jabiru-1, Australia’s first independently owned commercial satellite.

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ASX Company News: NewSat Secures Significant New Contracts

Friday, January 20th, 2012

NewSat Limited (NWT), Australia’s satellite company, is pleased to announce a number of new significant Teleport customer contract wins signed during the first half of FY 2012. The new Teleport business contracts are worth $7.5 million in additional revenue and will provide satellite communication services across Australasia and the Middle East. The $7.5 million of new Teleport business contract wins during the 6 month period include New contract with U.S. based partner to provide satellite communications for the Wheatstone Project off the north-west shelf of Western Australia; New contract with partner to provide satellite communications for the Gorgon Project off the north-west shelf of Western Australia; New contract with U.S. based aviation company to provide Teleport services; New contract with Proactive Communications to provide satellite communications for US Government personnel in the Middle East; New contract with global logistics company to provide satellite communications; and New contract with leading engineering and construction company to provide satellite communications for remote construction sites across Australia. The $7.5 million in new Teleport business contracts represent growth to NewSat’s existing revenue base and takes the Monthly Recurring Revenue to $2.9 million per month, up $800,000 (+38%) since December 2010.

In commenting on the recent contract wins, Adrian Ballintine, NewSat Founder and CEO said: “This is outstanding revenue growth for the first half of the year, setting us up for a fantastic 2012. Our core Teleport business continues to perform superbly, providing leading satellite communications to enterprise and government customers around the world. Importantly, our Jabiru-1 satellite launch is tracking extremely well, as we continue to achieve key milestones. This is a ground-breaking time for NewSat as we successfully transform from a growing profitable Teleport operator into a global satellite operator with a fleet of satellites.”

NewSat Limited (NWT) is Australia’s largest specialist satellite communications company, delivering Internet, voice, data and video communications via satellite. With its unique-to- Australia Teleport infrastructure, NewSat provides a full range of managed satellite communication services and has established a reputation as the partner of choice for governments, corporations and private enterprises. Today, NewSat has the ability to provide coverage to 75% of the globe; from Australia, Asia, the Middle East, Africa, across the Indian Ocean extending into Europe and across the Pacific Ocean, reaching into the West coast of the USA.

www.newsat.com

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ASX Company News: NewSat Secures $67 million Satellite Contract

Tuesday, December 13th, 2011

NewSat Limited (NWT), Australia’s satellite company, announces the signing of a ten year contract with a leading Middle Eastern telecommunications provider for the purchase of US$67.2 million of Jabiru satellite transmission capacity. The Ka-band satellite capacity purchased will enable the customer to provide high-speed Internet and data services across a range of high demand regions within the Middle East.

For commercial and competitive reasons the customer details cannot be disclosed at this time and remain confidential.

In commenting on the multi-million dollar contract, Adrian Ballintine, NewSat Founder and CEO said:

“We are seeing more and more demand for Ka-band satellite capacity across the Middle East for Internet, voice and data services. Ka-band blends perfectly for this market and our new carrier-grade telecommunications customer sees the delivery of their Internet and data services via Ka-band as a major competitive advantage.”

“It’s a very exciting time for NewSat, as we continue to achieve key milestones in the launch of Jabiru-1, transforming us into a global satellite operator. Our customer contracts now total US$346 million and last week we announced Lockheed Martin as manufacturer of our satellite, which is scheduled for launch in 2014 with Arianespace.”

www.newsat.com

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ASX Company News: NewSat Contracts Lockheed Martin To Build Jabiru 1 Satellite

Friday, December 9th, 2011

NewSat Limited (NWT), Australia’s satellite company, announced  that as the next stage in the Jabiru satellite project, it has entered into a contract with Lockheed Martin Commercial Space Systems for the construction of the Jabiru-1 satellite. Jabiru-1 will incorporate an advanced Ka-band payload which will provide high-powered satellite coverage across growth regions over the Middle East, Africa and Asia. The large Jabiru-1 spacecraft will utilise Lockheed Martin’s proven A2100 series spacecraft and is designed for an in-orbit life of 15 years. The construction of the Jabiru-1 satellite will commence immediately and is scheduled for launch in the second half of 2014. Jabiru-1 will provide high-bandwidth communication services to government and enterprise markets including mining, oil, gas, media and carrier-grade telecommunications, across countries such as Afghanistan, Iraq, Pakistan, Saudi Arabia, Somalia and India.

In commenting on the satellite manufacturer contract with Lockheed Martin Commercial Space Systems, Adrian Ballintine, NewSat Founder and CEO said: “Lockheed Martin is a world leader in defence and commercial space manufacturing. NewSat is delighted to award the contract to a trusted and important global player, who will support the deployment of Australia’s first independently owned commercial satellite.” “NewSat has made an initial payment and will continue to make the required milestone payments under the contract. In anticipation of the condition in the Lockheed Martin contract that financing be completed by the end of the fiscal year 2012, we lodged our applications earlier this year with export credit agencies U.S. Ex-Im Bank and Coface. Lockheed Martin actively supported our application when lodged and will continue to work with us in our activities with the U.S. Ex-Im Bank till conclusion.”

NewSat Limited (NWT) is Australia’s largest specialist satellite communications company, delivering Internet, voice, data and video communications via satellite. With its unique-to- Australia Teleport infrastructure, NewSat provides a full range of managed satellite communication services and has established a reputation as the partner of choice for governments, corporations and private enterprises. Today, NewSat has the ability to provide coverage to 75% of the globe; from Australia, Asia, the Middle East, Africa, across the Indian Ocean extending into Europe and across the Pacific Ocean, reaching into the West coast of the USA. With offices in New York and Washington D.C., ArgoSat provides clients with dedicated expert advisory services in many areas of the commercial satellite industry, including M&A and joint venture discussions, strategic business development, project financing, satellite and launch service procurement support and program monitoring and management.

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ASX Company News: NewSat Signs $134 million Pakistan Satellite Agreement

Tuesday, August 30th, 2011

NewSat Limited (NWT), Australia’s satellite company, announces the signing of a ten year satellite capacity contract with 3A Technology. 3A Technology is a leading Pakistani telecommunications provider delivering services to government and enterprise customers including Mobilink (one of the largest mobile phone operators in Pakistan), Pak Datacom (subsidiary of Pakistan Telecom) and the Government of Pakistan. The commitment is for the purchase of US$134 million of transmission capacity on the Jabiru-1 satellite over ten years.

This contract is another major step forward in NewSat’s strategy to become a global leader of satellite services and follows TrustComm’s US$105 million contract signed earlier this month. The two contracts totalling US$239 million, confirm the paradigm shift as NewSat moves from being a reseller of satellite capacity to the owner of satellites.

The Jabiru-1 Ka-band satellite capacity purchased by 3A Technology will serve multiple high demand regions within the Middle East, including Pakistan and Afghanistan. The Ka-band capacity will enable 3A Technology to capitalise on future demand for enterprise network expansions, banking and government sectors and the rapid growth of cellular backhaul requirements, as telecommunication companies expand into rural areas and support the deployment of 3G/4G networks.

In commenting on the multi-million dollar contract with 3A Technology, Adrian Ballintine, NewSat Founder and CEO said: “The region of Pakistan is amongst the most under serviced and fastest growing user of satellite technology in the world and is perfectly poised to take advantage of NewSat’s services to bolster internal infrastructure and external communications.”

“3A Technology is one of the emerging and innovative telecommunication companies in Pakistan, with prominent customers providing mobile, broadband and network services throughout the region. They have seized the opportunity to secure high performance Ka-band capacity over this region that relies heavily on satellite to deliver communication services.”

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ASX Company News: NewSat Acquires New Satellite Capacity

Thursday, August 11th, 2011

NewSat Limited (NWT), Australia’s satellite company, announces the signing of a three year satellite capacity contract with TrustComm, Inc., a leading US based global communications provider, for the purchase of at least US$105 million and up to US$114 million of transmission capacity on the Jabiru-1 satellite. The commitment is for approximately US$28 million in the first year after launch and the balance over years two and three. The contract is another important step in the progression of NewSat’s Jabiru Satellite Project and validates the high level of market demand for the company’s Ka-band service offerings. The Jabiru-1 Ka-band satellite capacity purchased by TrustComm, Inc. will serve multiple high demand regions within the Middle East including Afghanistan, Iraq, Saudi Arabia, Yemen, Qatar and Pakistan.

In commenting on the multi-million dollar contract with TrustComm, Inc. Adrian Ballintine, NewSat Founder and CEO said: “This binding contract is another major step forward in our strategy to become a global leader of satellite services. It is tangible evidence of the step-change taking place in the NewSat business model as we move from being a reseller of satellite capacity to the owner of satellites. The Jabiru-1 satellite is the first of our fleet of geostationary satellites, and will be Australia’s first independently owned commercial satellite.”

NewSat Limited (NWT) is Australia’s largest specialist satellite communications company, delivering Internet, voice, data and video communications via satellite. With its unique-to- Australia Teleport infrastructure, NewSat provides a full range of managed satellite communication services and has established a reputation as the partner of choice for governments, corporations and private enterprises. Today, NewSat has the ability to provide coverage to 75% of the globe; from Australia, Asia, the Middle East, Africa, across the Indian Ocean extending into Europe and across the Pacific Ocean, reaching into the West coast of the USA. TrustComm is a global communications carrier providing managed, secure, broadband satellite; wireless; and terrestrial communication services to a range of government and enterprise clients.

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ASX Company News: NewSat Secures US Military Phone Contract For Afghanistan

Saturday, April 2nd, 2011

NewSat Limited (NWT) announces it has won a new contract to provide Satellite Communications services to US Military troops in Afghanistan.  The contract is worth $4.4 million of additional revenue per annum, commencing in June 2011. The contract will see NewSat providing welfare communications for military personnel in over 15 locations throughout Afghanistan. The contract also has the option for NewSat to extend for a further year.  Recent contract wins contributing to the cumulative total include;

$1 million for 30 high-grade contracts for oil, mining and gas exploration sites in remote regions of Australia – Atlas Iron, Crescent Gold, Apache Energy and Esso Highlands PNG (a subsidiary of Exxon Mobil); $2 million contract with Nixon Communications providing communication services to four major construction camps along the new LNG pipeline in Queensland; $800,000 for multiple contracts providing communications for Australian and international resource projects; $2.4 million contract providing communication services to the US Military troops in Southern Afghanistan; $600,000 for multiple contracts providing communications for significant resource projects in Australia and LNG in PNG.

In commenting on the most recent contract win, Adrian Ballintine, NewSat’s Chief Executive Officer, said: “The US Military requires high-performance, reliable and secure communications.  This new contract win, together with NewSat’s recurring work for the US military, demonstrates NewSat’s world –class capabilities, products and services.

NewSat has been a long term service provider to the US military.  Our expertise and relationships in this market will serve us well for our first geostationary communications satellite, Jabiru-1, which will focus on high value customers in the military, defence and government markets as well as other high value enterprise segments such as resources.”

NewSat Limited (NWT) is Australia’s largest specialist provider of satellite capacity delivering voice, data and video communications via satellite. With its unique-to-Australia teleport infrastructure in Perth and Adelaide, NewSat provides a full range of managed satellite communication services and has established a reputation as the partner of choice for governments, corporations and private enterprises.

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