Since 2007, Jabiru has emerged to become Australia's first independent commercial satellite operator and is scheduled to launch the first next generation GEO-stationary satellite for the Australian hero in 2012. The company is continuing to chart the uplands of the sky with next generation satellites for Australia powered by Australians.
Jabiru
Is backed by NewSat Limited (ASX:NWT) a leading, independent, satellite communications company in Australia with major teleport facilities in Perth and Adelaide that is traded on the Australian Stock Exchange and has ZERO debt
Jabiru
Is well positioned to build, launch and operate a next generation hybrid satellite and is on target to meet its milestones
Jabiru
Is well advanced in its funding of both satellites and is confident of early success in this regard
Jabiru
Has a solid foundation for organic growth with strong pre-sales interest in a market that is growing 16% per annum and has substantial Ku capacity pre-commited
Jabiru
Will be positioned to provide Ka, Ku and C Band coverage across multiple territories with demand driven by military activities and mining, oil and gas markets, all of which are key revenue drivers for Newsat
Jabiru
Is participating in providing a solution to the National Broadband Network (NBN) satellite strategy via a Ka band service covering Australia
Jabiru
Has a team of professionals with many years satellite communication experience, backed by internationally respected consultants
Jabiru
is our meal ticket to 3c +++ :)
NWT Price at posting:
0.6¢ Sentiment: ST Buy Disclosure: Held