NewSat - News, Features, and Slideshows

News

• NewSat enters administration

  NewSat (ASX: NWT) and its subsidiaries have entered administration pending an assessment of its financial position.

• NewSat secures 10-year contract for Jabiru satellite capacity

  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.

• NewSat proposes share consolidation

  Satellite company NewSat (ASX:NWT) has proposed a 50 for 1 share consolidation, to help make its stock more attractive to institutional investors

• NewSat posts profit, revenue growth

  Satellite company NewSat (ASX:NWT) has reported a $300,000 profit for FY11, from 15 per cent higher revenue of $28.8 million.

• NewSat posts profit, revenue growth

  Satellite company NewSat (ASX:NWT) said its FY11 profit grew to $300k, and its revenue to nearly $29m, due to new business wins

• NewSat picks a new COO

  Satellite industry mainstay Michael Hewins will join NewSat (ASX:NWT) as the company gears up to launch its first geostationary craft

• NewSat wins nine-figure deal

  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 wins nine-figure deal

  Satellite company NewSat (ASX:NWT) secured a satellite capacity deal for its upcoming Jabiru-1 craft worth up to US$114m

• NewSat scores $2.35m in new deals

  Recent customer wins, including new US military supply deals, have lifted satellite company NewSat's (ASX:NWT) recurring revenue to $2.5m per month

• NewSat announces 58 more contract wins

  Satellite company NewSat (ASX:NWT) said it secured 58 new contracts worth $17 million in the month of April

• NewSat wins $4.4m deal with US military

  Satellite operator NewSat (ASX:NWT) announced a $4.4m deal with the US military in Afghanistan, but said announcements on its geostationary satellite project have been delayed

• NewSat scores additional US military contract

  NewSat (ASX: NWT) has picked up a new contract, worth up to $8.8 million over two years, to supply satellite communication services to US troops based in Afghanistan.
  

• Satellite players arc up over NBN mission creep

  Satellite operators and service providers have followed in the footsteps of the wider ISP sector, issuing a warning about the potential for ‘mission creep’ under the National Broadband Network (NBN).
  

• NewSat secures $1m in new satellite deals

  Satellite operator NewSat (ASX:NWT) has announced $1m in new contracts, bringing its total wins for calendar 2011 to at least $3.8m

• NewSat acquires satellite slots

  NewSat Limited (ASX: NWT) has announced that it has entered into an agreement to acquire valuable space assets in the form of orbital slots for accommodating satellites.