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Shareholders are likely to find out this month whether NewSat will be awarded $230 million in SATCOM funds.
Greg Cowie of NewSat will talk about the company's growing satellite communications capabilities at MilSatCom Asia in Singapore.
As its Jabiru-1 Ka band communications satellite nears completion, NewSat will orient the OTC community of the larger satellite communications capacity awaiting high-demand regions.
The Australian satellite and teleport provider has finally completed the capital funds for the development of Jabiru-1, its first Ka band satellite.
The agreement pertains to the acquisition of $US32.4 million of Jabiru satellite transmission capacity .