... here is the important part .... cut n paste has gone birko for me .... took a lot of work to get this .... ... ... NEWSAT IS COMMITTED TO STRENGTHENING THE AUSTRALIAN SATELLITE COMMUNICATION INDUSTRY - 02 feb 2010 ... NewSat has been an active supporter of this recent government policy and remains vigorous in developing its Jabiru NBN satellite strategy. NewSat has invested over two years of development in a Ka band satellite strategy across Australia and understand the requirements. The Company can ensure that these NBN focused satellites are launched and operating in the 2013-‐2014 calendar year, fully supported on Australian soil. Adrian Ballintine, CEO of NewSat said, The Companys 8000 Aussie shareholders have played an important role in the development of satellite communications capabilities in Australia. As owners of a highly significant world class asset, NewSat believes that the Australian Governments NBN initiative should further support these developments in our own backyard
NWT Price at posting:
0.5¢ Sentiment: Sell Disclosure: Held