....teleport customer contract wins signed during the first half of FY 2012. The new teleport business contracts are worth $7.5 million in additional revenue and will provide satellite communication services across Australasia and the Middle East. The $7.5 million of new teleport business contract wins during the 6 month period include:

1. New contract with U.S. based partner to provide satellite communications for the Wheatstone Project off the north-west shelf of Western Australia
2. New contract with partner to provide satellite communications for the Gorgon Project off the north-west shelf of Western Australia
3. New contract with U.S. based aviation company to provide Teleport services
4. New contract with Proactive Communications to provide satellite communications for US Government personnel in the Middle East
5. New contract with global logistics company to provide satellite communications
6. New contract with leading engineering and construction company to provide satellite communications for remote construction sites across Australia

NewSat company information

The $7.5 million in new Teleport business contracts represent growth to NewSat’s existing revenue base and takes the Monthly Recurring Revenue to $2.9 million per month, up $800,000 (+38%) since December 2010.

Topical Tags : 
Manufacturing   
Consumer Applications   
Finance   
Satellite Operator   
Service Provider   
 
Regional Tags : 
Asia/Asia Pacific