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NewSat Increases Hold of the ME Satellite and Mobile Backhaul Market
NewSat secured US$30.29 million worth of satellite transmission capacity deal for Jabiru-1.
Jabiru-1 satellite is currently being made by Lockheed Martin, which is now on its sixth month of production. Its target launch date is 2014 via Arianespace. NewSat CEO Adrian Ballintine is pleased with the progress of the Jabiru SATCOM program, especially now that the credit debt funding continues to progress extremely well.
NewSat cites commercial and competitive reasons for not disclosing the name of the satellite reseller.
Afghanistan is one of the high-growth satellite and mobile backhaul markets being eyed by the Australian carrier. Although wars in Iraq, Afghanistan and neighboring countries have subsided, military communications via satellite will likely remain the key driving force behind the growth of the satellite and mobile backhaul market in the region. Moreover, the Middle East serves as a strategic route for international communications network operators. Satellite-based communication looks strong with Afghanistan’
Early this year, NewSat finalized one of its biggest pre-launch deals with the leading satellite communications carrier of Asia, MEASAT Satellite Systems Sdn. Bhd. In April, the company secured a $13 million capacity deal with an existing teleport customer serving the Middle East.
The Australian independent satellite provider recently increased frequency allocations for its premium geostationary slots, making Jabiru one of the best positioned geostationary satellite to serve the Middle East. With multi-beam capabiliy, Jabiru is expected to cover larger areas than comparable geostationary satellites.
For more information, visit http://www.newsat.com/