openPR Logo
Press release

ASX Helped NewSat Attract Satellite Communications Funds

04-11-2012 05:58 AM CET | Media & Telecommunications

Press release from: NewSat

The 2012 ASX roadshow in New York and London was a great help in promoting NewSat's Jabiru space project to international financiers. NewSat has been very busy securing pre-launch contracts and credit funds for its first locally owned Ka band communications satellite - Jabiru-1.

Adrian Ballintine, the CEO of the satellite communications firm , has flown to New York and London to strike a deal with major international funds. He also met with satellite vendors in Washington DC. , particularly Lockheed Martin and Arianespace. Lockheed is the official contractor for the construction of Jabiru-1, while Arianespace was assigned the contract to launch the first Jabiru satellite.

Helping independent satellite operator win the trust of the creditor was the 2012 World Teleport Awards nomination. Ballintine said the award is an affirmation of NewSat's reputation as a world-class teleport operator. Being one of the top 3 teleport providers speaks a lot when there are nearly 1,700 teleport operators around the world, said the CEO. Ballintine attributed this achievement to the human resources employed by NewSat to run and maintain its Australian teleports.

According to Ballintine, NewSat was one of the smallest satellite communications company that participated in the 2012 ASX Emerging Growth Conference in London and New York, where almost 80% of the attendees specialize in resources industries. NewSat's presentations have left positive impressions on the fund management communities in New York and London. This has significantly improved the credit outlook of the Jabiru space program from the perspective of international lenders.

The event greatly improved the prospects of the Jabiru satellite communications program. Although Australia has a specialized knowledge of mineral resources industries, it still lacks the expertise demonstrated by leading satellite communications hubs. Ballintine said the event was a perfect opportunity to leverage the local expertise of Australia with international inputs. The signing of the satellite launch contract with Arienaspace at the 2012 Satellite Conference in Washington was also a milestone achievement for NewSat, said Ballintine.

For more information, visit

As Australia’s leading independent satellite service provider, NewSat specialises in global satellite communications providing tailored VSAT, Teleport and satellite services to 75% of the earth’s surface. NewSat provides remote and temporary sites with fast, secure and reliable solutions ensuring unrestricted connectivity, anywhere, anytime.

Level 4, 6 Riverside Quay
Southbank, Victoria 3006
Telephone: +61 3 9674 4644

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release ASX Helped NewSat Attract Satellite Communications Funds here

News-ID: 217413 • Views: 4195

More Releases from NewSat

Newsat to deliver Internet from Satellite for rural clients
NewSat Ltd, based in Melbourne, is looking at servicing rural clients cut-off from terrestrial communications infrastructure, and providing broadband access to remote premises beyond the fibre footprint of the NBN project. The VSAT Broadband service of the company currently relies on teleport facilities in Perth, Western Australia, and Adelaide, South Australia. Although the National Broadband Project will look into nationwide coverage, remote regions in the vast outback, outlying islands off the
NewSat Grows Mobile Backhaul and Satellite Portfolio in ME
NewSat Ltd., the fast-growing SATCOM and mobile backhaul provider of Australia, closed its newest satellite transmission capacity contract for its first satellite. The client, a South Asian satellite reseller, will use the capacity on Jabiru-1 to serve the Afghan market. With the recent deal, Jabiru-1 has now a pre-sold capacity of almost $600 million. NewSat did not disclose the name of satellite reseller due to commercial and competitive reasons. The
Singapore to Host CASBAA Satellite Industry Forum 2012
Wired and wireless broadcast service providers will meet at the 2012 Cable and Satellite Broadcasting Association of Asia (CASBAA) in Singapore this month for a day of technical and market discussions. CASBAA Chairman Marcel Fenez will deliver the welcome address, along with Andrew Jordan, President and CEO of GE-SAT. An opening interview with Michel de Rosen will follow. Rosen is the CEO of Eutelsat. A forum with the theme "Asian
Satellite-Fiber Integration and Other Highlights of SatCom Africa 2012
NewSat, an Australian satellite operator, will join African and international satellite companies at the 2012 SATCOM Africa this May. The annual show is one of the most anticipated trade exhibits in Africa. Jointly organized by Telecoms World Africa, Submarine Networks World Africa and The TV Show Africa, SATCOM Africa will gather top satellite players that develop, operate and invest in the regional communications industry. The event offers

All 5 Releases

More Releases for Jabiru

Ultralight Aircraft Market Outlook to 2025 with Key Players Tecnam, CubCrafters, …
The Global Ultralight Aircraft Market from the viewpoint of all its existing trends that are prompting it is imperative to comprehend in order to attain the most effective solution for business strategies. These trends are of different types including geographical, socioeconomic, economic, consumer, political, cultural. Their overall effect on client or consumer preferences will have a major contribution in how this market will develop itself in the following years to
Global Drone Piston Engine Market 2019 Manufacturers - Bailey Aviation, JABIRU F …
QY Market Study offers an Seven-year forecast for the worldwide Drone Piston Engine Market between 2019 and 2026. During a recently published report by QY Market Study, the global Drone Piston Engine market is predicted to register a CAGR of cardinal throughout the forecast period. The first objective of the report is to supply insights on the advancements and chance within the Drone Piston Engine market. The study demonstrates market
Global Drone Piston Engine Market Research Report 2018-2025 | Global Key - Baile …
Looking at the current trends across the Drone Piston Engine market, a new study has been included to the wide database of Market Research Hub (MRH). The assessment is titled "Global Drone Piston Engine Market Insights, Forecast to 2025", which discourses the various market impacting factors like drivers, restraints and opportunities. Moreover, readers are informed about the competitive landscape which enlightens about the different players operating in the Drone Piston
Sport Aircraft Market 2018 Analysis By Key Players – CubCrafters, Flight Desig …
In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Sport Aircraft market for 2018-2023. A light-sport aircraft (LSA) is a small aircraft that is simple to fly and that meets certain regulations set by a national aviation authority restricting weight and performance. The Light Sport Aircraft are expected to grow at a CAGR of -1.46% from 39 million in 2017
Global Drone Piston Engine Market Forecast 2018-2025 RAZEEBUSS, MINARI ENGINES, …
Recently added detailed market study "Global Drone Piston Engine Market" examines the performance of the Drone Piston Engine market 2018. It encloses an in-depth Research of the Drone Piston Engine market state and the competitive landscape globally. This report analyzes the potential of Drone Piston Engine market in the present and the future prospects from various angles in detail. The Global Drone Piston Engine Market 2018 report includes Drone Piston Engine
Light Sport Aircraft (LSA ) Market 2017 - BOT Aircraft, CGS Aviation, Cessna, Ek …
Apex Research, recently published a detailed market research study focused on the "Light Sport Aircraft (LSA ) Market" across the global, regional and country level. The report provides 360° analysis of "Light Sport Aircraft (LSA ) Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Light Sport Aircraft (LSA ) industry,