News

• NewSat secures rights to eighth orbital slot

  Satellite operator NewSat (ASX:NWT) has enhanced its capacity to roll out new craft, with the purchase of an eighth orbital slot.

• 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 picks up another Jabiru-1 contract

  ASX-listed satellite provider NewSat (ASX:NWT) has signed a new deal with Quicklink Communications worth some $40 million over three years.

• NewSat proposes share consolidation

  Satellite company Newsat (ASX:NWT) plans to conduct a 50 for 1 share consolidation to help improve its trading price.

• 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 picks a new COO

  Satellite services provider NewSat (ASX:NWT) on Tuesday appointed space industry veteran Michael Hewins as its new Chief Operating Officer.

• 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 announces 58 more contract wins

  NewSat (ASX:NWT) revealed it has won 58 new satellite services contracts worth a combined $1.7 million.

• Careers spotlight: Hires and fires

  Canon appoints new managing director, while former Intelsat executive moves to CTO role with NewSat

• 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.

• 7

  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 $1 million worth of newly-won transmission deals.

• 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.

• Market Briefs: NewSat, iSoft, Anittel, Wotif.com

  NewSat enters trading halt; iSoft reveals lapse of 400k options; Anittel director Alan Chalmers resigns; Wotif.com extends booking window

• NewSat scores $3m worth of satellite deals

  Satellite operator NewSat (ASX:NWT) has signed $3 million worth of new deals to provide communications services.