NEWSAT LIMITED
ASX Announcement
8 December 2014
US$9 million contract for Jabiru-1 capacity over 5 years
New contract with a South Asia satellite operator for coverage across Pakistan, Afghanistan and the Middle East
Contract takes pre-launch contracts for Jabiru satellite capacity to US$636 million
NewSat Limited (ASX: NWT, OTCQX: NWTLY), Australia's satellite company, has secured a new satellite capacity contract with a South Asia satellite operator. Over a 5 year term, the contract is for the US$9 million supply of Jabiru-1 satellite transmission capacity across Pakistan, Afghanistan and the Middle East. For commercial reasons, the customer's identity cannot be disclosed at this time.Currently providing broadcast, telecommunications and data services via satellite in C and Ku-band, the customer is looking to augment their offering with Jabiru-1 Ka-band to deliver increased benefit and value to their customers and partners.
Commenting on this new contract for Jabiru-1, NewSat Founder and CEO, Adrian Ballintine said:"As we continue to see Jabiru-1's unique Ka-band capacity meeting the growing demand from the emerging economies across the MENA region, we will see more contracts as we approach launch. We are very excited with this new contract with an experienced satellite operator in the region, taking the total of pre-launch customer contracts for Jabiru-1 to US$636 million. From a manufacturing perspective, spacecraft integration is underway at Lockheed Martin and preparations are on schedule for launch in the first half of 2016. Civil works have commenced at the Adelaide teleport and all ground infrastructure activities are on track."
About NewSat:
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NewSat is Australia's largest pure-play satellite communications company, delivering internet, voice, data and video communications via satellite. With award winning and unique-to-Australia teleport infrastructure, NewSat has a reputation as the partner of choice for enterprise and government customers around the world. Today, NewSat provides secure and reliable connectivity to 75% of the globe.
NewSat will be expanding its satellite capabilities with the Jabiru Satellite Program. Set to launch Australia 's first commercial Ka-band satellite, Jabiru-1 will provide high-powered, flexible capacity over the MENA and Jabiru-2, launched in 2014, will deliver highly targeted coverage across Australasia. For more information, please visit www.newsat.com
Adrian Ballintine, Founder & Chief Executive Officer
Linda Dillon, Chief Financial Officer & Company Secretary: +61 3 9674 4644
Kathryn Norton, Marketing & Communications Manager: +61 3 9674 4627
Media kit: www.newsat.com/mediakit
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