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Saturday, 11 July 2015 12:23

SpeedCast picks up the NewSat business in asset fire sale

Australia’s troubled satellite company NewSat has completed its last orbit, finally crashing back to earth with the sale by receivers of its teleport and satellite services business assets to satellite service provider SpeedCast.

Published in Listed Tech

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Friday, 05 June 2015 05:58

Ballantine sacked, NewSat's Jabiru-1 for sale

Adrian Ballantine’s dream – lately a nightmare – is over. The flamboyant entrepreneur has been shown the door at NewSat, the company he founded.

Published in Listed Tech

Tagged under

Sunday, 31 May 2015 21:08

NewSat may yet be back in orbit as turnaround efforts continue

Just a few days ago NewSat’s future as Australia’s only satellite company seemed over after a bankruptcy court in the U.S. severed its contract with Lockheed Martin for the building of its Jabiru-1 communications satellite.

Published in Telecoms & NBN

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