16-17 October 2012
Sofitel Melbourne On Collins
25 Collins Street,
Melbourne, VIC, 3000
NewSat’s Founder and CEO, Adrian Ballintine, will join the 3rd Annual Australian Microcap Investment Conference in Melbourne. The event will be a platform for some of the country’s 20 leading microcap CEO’s where they can discuss their strategies, insights, and business leanings, as well as talk about the emerging trends and challenges in their respective industries.
Australia’s largest satellite communications specialist is continually growing, with the Jabiru Satellite Program offering an exciting prospect to the company and to its customers.
Currently under construction is the Jabiru 1 Satellite, slated for a 2014 launch and capable of delivering high-powered ka band capacity as well as flexible payloads to the Middle East, Northern Africa, and South East Asia regions. The company has also secured several new teleport business contracts with enterprise customers from the resource industry.
NewSat’s Founder and CEO, Adrian Ballintine, spoke with the ASX about the upcoming conference in Singapore and Hong Kong. Ballintine discusses the main themes of his presentation, including NewSat’s 8 orbital slots and fleet of Jabiru satellites which are driving NewSat’s future growth.
Now in its fifth year, the ASX Conference is an opportunity to hear the latest investment propositions from a selection of emerging Australian market leaders in the small to mid cap segment of the Australian Market. Presentations will be made by each company’s CEO or CFO and will be supplemented by one-on-one meetings throughout the program. These meetings enable highly targeted conversations to occur between interested investors and company management.
Listen to the conference preview here
Learn more about the ASX conference by visiting to their website
NewSat Limited (ASX:NWT), Australia’s satellite company, announces today the signing of a contract with a leading US based satellite communications company. The commitment is for the purchase of US$13 million of Jabiru satellite transmission capacity over the Middle East.
The three year contract is with an existing NewSat teleport customer, who is a significant supplier to the US Government and large global enterprises. For commercial and competitive reasons the customer details cannot be disclosed at this time and remain confidential. In commenting on the multi-million dollar contract, Adrian Ballintine, NewSat Founder and CEO said:
“This new Jabiru contract takes the total of binding pre-‐launch contracts to US$571 million. It is with one of our existing long-‐term teleport customers whose business continues to grow exponentially across the Middle East. Satellite bandwidth is scarce across this region, and today they have secured a significant amount of Ka-‐band capacity to support their future growth requirements.”