Posts Tagged ‘NWT’

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.

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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.”

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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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ASX Company News: NewSat Has Secured A Number Of New Contracts

Wednesday, March 9th, 2011

NewSat Limited (NWT) announces a number of new contract wins signed during this quarter. The business contract wins are across several separate projects with a number of blue chip customers. Some of them are 30 high-grade new contracts totaling $1 million in revenue; Several new contracts on oil, mining and gas exploration sites in the remotest regions of Australia; Installs and additional contracts include Atlas Iron, Crescent Gold, Apache Energy, Austral Construction and Esso Highlands PNG (a subsidiary of Exxon Mobil).

“This demonstrates the strength and consistency in our core business offering and our focus on high value and growth markets. We continue to work vigorously in ensuring our day to day results are generating the ambitious targets we set. Calendar year 2011 is shaping up to be a groundbreaking year for NewSat as we progress every phase of our Jabiru Satellite Program towards a 2013 launch of  Jabiru-1 and development of further Jabiru constellations” said Adrian Ballintine,

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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ASX Company News: NewSat Acquires Additional Satellite Space

Wednesday, February 2nd, 2011

NewSat (NWT) announces that it has entered into an agreement to acquire valuable space assets in the form of orbital slots for accommodating satellites. Currently licensed to AP Kypros Satellites Limited, a range of frequency assignments at several orbital slots will be exclusively sublicensed to NewSat. The agreement covers seven orbital slots in locations that cover all continents of the globe and are ideal for NewSat’s focus on high value customers and growth markets. The slots will be used to accommodate a fleet of Jabiru satellites, providing telecommunication services in the C Band, Ku Band and Ka Band spectrum. The agreement, which will be governed within the International Regulatory framework, gives NewSat exclusive use of one slot, 50% of the frequencies of another two slots and options over a further four slots. The agreement is subject to customary regulatory and other closing conditions. NewSat will pay consideration in the form of five cash instalments and a sixth and final instalment in ordinary shares on December 1 2011.

“The slots are extremely valuable assets with senior filing status, outstanding geographic footprint and certainly enough capacity to see NewSat’s long-term future assured. We are now in a position to launch multiple satellites, each of which could generate in excess of $100 million of EBITDA per year” said NewSat CEO Adrian Ballintine. He added, “Achievement of this milestone is more significant than the 2005 acquisition of NewSat’s teleports. Orbital slots are the lifeblood of satellite operators, and to have multiple slots is the goal of long-term entrants.”

NewSat Limited 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. 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 $2.8 million Satellite Communication Contracts

Monday, January 17th, 2011

Leading independent satellite communications company NewSat Limited (NWT) has announced $2.8 million worth of new contract wins. This positive result continues the strong end to 2010 with the previously announced $3 million worth of contracts closed in late 2010. These results were an extremely strong way to finish 2010 for NewSat, a year in which the company announced its maiden EBITDA of $1.6 million, and 25% revenue growth from the previous year.

NewSat Chief Executive Officer Adrian Ballintine said that 2011 is shaping up to continue this exciting period for NewSat. “Such a positive end to the 2010 calendar year, coupled with these recent contract wins, sets us up well for 2011,” Mr Ballintine said. “The Jabiru Satellite program, as announced at the 2010 Annual General Meeting, combined with our strong results makes this an exciting period of opportunity and growth for NewSat.” “While these new contract wins are fantastic for NewSat, the opportunity to provide services to projects of such a varying nature also gives us the opportunity to demonstrate our flexibility and our industry-leading level of expertise,” Mr Ballintine said. “This expertise and experience, combined with our continual growth, leaves us well placed to make the transition from successful satellite solutions provider to satellite operator, Australia’s first, with the launch of Jabiru-1, in the coming years.”

The combined $2.8 million worth of new contract wins include the recent $2 million contract with Nixon Communications, providing services to four major camps along the new liquefied natural gas pipeline being built between Chinchilla and Gladstone in Queensland. $800,000 of additional contract revenue will come from multiple Australian and international resource projects. With the $3 million of new contracts from late 2010, NewSat’s combined contract wins are closing in on $6 million over the last couple of months.

NewSat Limited 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. 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 New Contracts

Friday, December 3rd, 2010

NewSat Limited (NWT) announces a number of new significant contract wins signed during November. The business contract wins are across several separate projects. Four contracts worth a total of $1.4 million to $2.4 million of revenue providing communication services to the US Military troops in southern Afghanistan;’ and Multiple contracts worth over $600,000 of revenue providing communications  for significant resource projects, such as Gorgon, in Australia and LNG in PNG.

All the contract wins are through existing NewSat partners with service delivery out of the NewSat Perth and Adelaide teleport facilities set to commence immediately.

NewSat provides its customers with access to an increasingly large and diverse range of satellites and has developed a world-renowned reputation for providing a full range of managed satellite communication services from its unique to Australia  infrastructure in Perth and Adelaide. 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 across the Pacific Ocean, reaching into the west coast of the USA. The company’s vision is to provide multiple solutions on multiple satellites across  multiple platforms, enabling NewSat to provide cost-effective, timely and efficient satellite communications tailored to meet its customers’ unique requirements.

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