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NewSat Scored Another Satellite Communications Capacity Deal
The agreement pertains to the acquisition of $US32.4 million of Jabiru satellite transmission capacity .
The agreement pertains to the acquisition of $US32.4 million of Jabiru satellite transmission capacity . This will provide wireless communications coverage across the whole GCC region. NewSat refuses to disclose yet the details of the agreement, citing commercial and competitive reasons.
Adrian Ballintine, the chief executive officer and founder of NewSat, said that the Middle East market poses a strong and continuously increasing demand for satellite communications. Several satellite communications providers are getting more Ka-band capacity to meet the rapidly growing demand for satellite transmission and broadcast services in regions where wireless communications infrastructures are not yet fully utilized.
During the recent years, NewSat has closed major satellite capacity deals and won worldwide recognition for its state-of-the-
NewSat is counting on export credit debt financing to proceed with its plan for Jabiru-1. With eight premium orbital slots to use, NewSat looks forward to completing its first ever fleet which will consist of 5 satellites including the Ka-band Jabiru satellite.