{"id":85754,"date":"2010-11-29T20:18:41","date_gmt":"2010-11-29T12:18:41","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/newsat-ceo-unveils-jabiru-2-projects-jabiru-1-to-earn-more-than-1-5-billion\/"},"modified":"2010-11-29T20:18:41","modified_gmt":"2010-11-29T12:18:41","slug":"newsat-ceo-unveils-jabiru-2-projects-jabiru-1-to-earn-more-than-1-5-billion","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/newsat-ceo-unveils-jabiru-2-projects-jabiru-1-to-earn-more-than-1-5-billion\/","title":{"rendered":"NewSat CEO Unveils Jabiru-2; Projects Jabiru-1 to Earn More Than $1.5 Billion"},"content":{"rendered":"<p>[11-29-10] Australian satellite communications provider <strong>NewSat<\/strong> will launch a second satellite, Jabiru-2, in early 2013 and provide 216 megahertz of Ku-band capacity over Australian territories PNG and Timor Leste, NewSat announced Nov. 25.<br \/>\n&nbsp;&nbsp;&nbsp; In a statement to <em>Satellite TODAY Insider<\/em>, NewSat CEO Adrian Ballintine said the addition of Jabiru-2 puts the operator in a strong position to develop and grow as Jabiru-1, announced in November 2009, is expected to generate more than $1.5 billion of revenue due to pre-sold capacity.&nbsp; <br \/>\n&nbsp;&nbsp;&nbsp; \u201cNewSat saw stronger-than-expected customer demand for Jabiru-1 capacity, which prompted our decision to acquire further payload on the smaller Jabiru-2,\u201d said Ballintine. \u201cJabiru-2 has the potential to generate over $125 million of highly profitable revenue over its 15-year life span as we expect Jabiru-2 to be fully committed by the end of the first quarter 2011.\u201d<br \/>\nAccording to Ballintine, NewSat will not require financing for Jabiru-2, and the satellite will occupy the same orbital slot as Jabiru-1 satellite, which also will reach orbit in 2013. With more than 6 gigahertz of capacity, Jabiru-1 will provide Ka-band spot beams covering the Middle East and North Africa as well as high power Ku-band over Vietnam, Cambodia, and parts of South East Asia. <br \/>\n&nbsp;&nbsp;&nbsp; Ballintine also confirmed that his company is in negotiations to purchase additional teleports and orbital slots. \u201cNewSat\u2019s core business is strong and profitable. Its teleport assets are regarded as amongst the best in the world, and with Jabiru-1 and 2 planned for launch in 2013, NewSat is spectacularly placed to deliver significant future growth and shareholder value. These developments bring us closer to becoming a global satellite leader, while also bringing Australia a step closer to its inaugural space program,\u201d he said.<\/p>\n<h2>\nRelated Stories-<\/h2>\n<p>\n<b class=\"titlelink\">Australian NBN To Spend $876 Million on Two Ka-band Satellites<\/b>&nbsp;&nbsp; \t\t\tSatellite Today&nbsp;&nbsp; \t\t\tJuly 15, 2010<br \/>\n[07-15-10] The Australian  National Broadband Network Co. (NBN), a public-private entity created to  oversee the construction of Australia s broadband network, will spend  up to $1 billion Australian dollars ($876.5 million) to build\u2026<\/p>\n<p><b class=\"titlelink\">PCI Provides Satcom to Afghansitan via Australia<\/b>&nbsp;&nbsp; \t\t\tSatellite Today&nbsp;&nbsp; \t\t\tFebruary 10, 2009<br \/>\nProactive Communications Inc. (PCI) signed a  $2 million contract negotiation with Australian-based operator NewSat to  provide a unified communications solution to customers in Afghanistan. The three-year deal will expand PCI s satellite\u2026<\/p>\n<p><b class=\"titlelink\">Reducing the Digital Divide<\/b>&nbsp;&nbsp; \t\t\tVia Satellite&nbsp;&nbsp; \t\t\tDecember 1, 2008<br \/>\nSatellite broadband initiatives are plentiful  in Asia, with companies such as Thaicom, Optus and BB Sat looking to use  the latest satellite technology to reduce the digital divide in  countries throughout the region. Asia and Pacific   Broadband and\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[11-29-10] Australian satellite communications provider NewSat will launch a second satellite, Jabiru-2, in early 2013 and provide 216 megahertz of Ku-band capacity over Australian territories PNG and Timor Leste, NewSat announced Nov. 25. &nbsp;&nbsp;&nbsp; In a statement to Satellite TODAY Insider, NewSat CEO Adrian Ballintine said the addition of Jabiru-2 puts the operator in a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-85754","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/85754"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=85754"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/85754\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=85754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=85754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=85754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}