NewSat Limited (ASX: NWT), Australia’s satellite company, announces today the signing of a two year contract with its partner BAE Systems. The contract is worth US$8.59 million and is to provide hardware and satellite communications services through NewSat’s Perth based teleport to the Wheatstone Project. The project is one of the world’s largest liquid natural gas (LNG) developments located in the north western region of Western Australia.
The contract with BAE Systems will provide offshore satellite communications to enable high-speed connectivity between the customer’s Perth office, offshore platform and production facility in Onslow. The solution has been designed to withstand the cyclonic conditions unique to the region. This new contract expands NewSat’s satellite communication services to the entire Wheatstone Project, both offshore and onshore, to support the project’s construction, operations, administration and staff welfare.
The Wheatstone Project is expected to operate for approximately 40 years and is located in the remote region of Ashburton North, Western Australia, which is best serviced by enterprise-grade satellite communications.
In commenting on the new teleport contract, Adrian Ballintine, NewSat Founder and CEO said:
“The Wheatstone Project is a massive LNG project. We have been working with a range of our partners ontheir tenders and are very happy BAE Systems won the bid. BAE Systems is a global leader in technology solutions and systems and we are delighted to work with such a high calibre organisation. In partnership with BAE Systems, NewSat will deliver enterprise-grade satellite communications to yet another great resource project off the north-west coast of Australia.”
“This new US$8.59 million deal is our largest single teleport contract to date and kick starts our FY2013 year. Our core teleport business continues to grow as we secure large oil, gas and mining contracts around the world. With a promising teleport sales pipeline, NewSat is in great shape. Demand from our enterprise and government customers around the globe continues to grow, as they mandate high-grade communications everywhere and anytime.”
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