Posts Tagged ‘NWT’

NewSat Secures $1 million In New Contracts

Friday, June 4th, 2010

Leading independent satellite communications company NewSat Limited have signed a contract with Nixon Communications to provide communications services to two major construction projects in Queensland. Two new major liquefied natural gas (LNG) pipelines will run between Roma and Morven gas fields, with construction commencing in July 2010. NewSat will provide communications via satellite to Nixon’s infrastructure at three major camps along the pipeline as well as to three smaller construction camps. The service will be used by Nixon Communications to meet the project’s operational and administrative requirements. Over 300 project personnel will have access to high speed internet, voice and data services. This new contract will provide over $1 million in revenue to NewSat over the next 12 months. This comes during a period of sustained strong performances for NewSat. The current quarter is well on target to be NewSat’s eighth successive quarter of delivering over plan.

NewSat (NWT) has a long standing relationship with Nixon Communications, who provide remote communication services specifically designed for construction projects, area wide communication networks and preventative maintenance and emergency callout. Nixon provides communication systems to major commercial, construction and mining projects throughout Central Queensland, Australia, New Guinea, Asia and the Solomon Islands.

NewSat Limited has evolved to become Australia’s largest independently operated Satellite Communications Company. Our head office is located in Melbourne, Australia – with major facilities in Perth and Adelaide, Australia. Over the years, NewSat has developed a world-renowned reputation for providing a full range of managed satellite communication services including Telemetry Tracking & Control (TT&C) and Carrier Service Monitoring (CSM) – from its Teleports in Perth and Adelaide , Australia. Today, NewSat has the ability to reach 75% of the globe including Australia, Asia, the Middle East, Africa, across the Indian Ocean extending into Europe and Perth across the Pacific Ocean, reaching into the West Coast of the USA.

www.newsat.com

New Sat Share Purchase Plan

Thursday, January 28th, 2010

New Sat  (NWT) announced on the 27/1/2010 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 27/1/2010 on which shareholders must own the share to participate in the SPP.   The closing date is 25/2/2010.  Shares will be issued on 4/3/2010 and begin trading on 9/3/2010.   A maximum of  $15,000 can be purchased by each shareholder at $0.0052 or a 20% discount to the Volume Weighted Average Price (VWAP).

Discount : 13.3%  Liquidity : Poor Profitability : Ok  Stability : Poor

www.newsat.com

* Note: Discount is based on the closing price on the 27 January 2010.

New Sat Share Purchase Plan

Thursday, January 28th, 2010

New Sat (NWT) announced on the 27/1/2010 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 27/1/2010 on which shareholders must own the share to participate in the SPP. The closing date is 25/2/2010. Shares will be issued on 4/3/2010 and begin trading on 9/3/2010. A maximum of $15,000 can be purchased by each shareholder at $0.0052 or a 20% discount to the Volume Weighted Average Price (VWAP).

Discount : 13.3% Liquidity : Poor Profitability : Ok Stability : Poor

www.newsat.com

* Note: Discount is based on the closing price on the 27 January 2010.

For More Share Purchase Plans go to http://blog.mdsfinancial.com.au/category/share-purchase-plans/

To Buy Shares And Participate in Share Purchase Plans use Trader Dealer http://www.traderdealer.com.au/

NewSat Revenue up 40%

Thursday, April 9th, 2009

NewSat (NWT) has delivered another strong quarter for the period ending 31st March, 2009 with an increase in revenue of approximately 40% over the corresponding period last year, and exceeding this year’s ambitious targets. 

Significant recent wins include a 5 year extension of NewSat’s contract with NSW fire brigade for general telecommunication services as well as 25 new general contracts with international resellers who target the mining industry. In addition NewSat has been awarded 2 new TT&C contracts (satellite tracking) with the world’s largest satellite provider SES/NSS. NewSat continues to support in the order of $3 billion worth of space infrastructure through its world class TT&C teleport assets. Oil, gas and mining business ranks alongside military as the company’s staple business.  NewSat continues to build strong partnerships with “blue chip” corporations and internationally recognized Telcos. 

This quarter promises much, with a strong sales pipeline and an increasing annuity revenue stream. 

www.newsat.com.au