Newsat has now created Jabiru Limited for the purpose of fulfilling this goal. much headway has been acheived and the suggested 2012 satellite launch date is now becoming a reality.
Newsat is in significant discussion with all relevant parties to luanch Jabiru-1
Company's LT goad will focus on launch of Jabiru-1. Spent the last two years reasearching markets creating business plans...etc. to bring the project to an advanced point.
We believe our Jabiru project to be acheiveable, potentially highly profitable and much needed in this country
Looks like Jabiru is slowly being realised, yet it still another 3 years till this bad boy is going to be launched. Any news concering Jabiru will wend the SP into the sky i.e updates. Good to know that their Long Term goal is solely on Jabiru.
NWT Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held