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Star Navigation Systems Goes Beyond The AGM Entering 2023 With Multiple Potential Deals
Manage episode 352939475 series 3179537
Star Navigation Systems Goes Beyond The AGM Entering 2023 With Multiple Potential Deals, Including Potential For Contract With The Largest Infrastructure Project In Eastern Africa
Did you know that at any given time 200-300 planes can be off the grid when flying and no-one knows where they are? In an era in which GPS can easily track dogs, trains and automobiles, the world has a right to ask why are our plane tracking systems not the strongest of all?
The Malaysian Air Flight 370 and Air France 447 disasters showed the world the weakness in plane monitoring systems and the strong need for a real solution.
ENTER STAR NAVIGATION SYSTEMS
A Flight Sciences Company that bridges the gap between flight experience and flight safety in real-time. How? $SNA technology provides a continuous connection between planes and the ground, which allows it to deliver powerful safety and efficiencies beyond just tracking:
- Real-Time Aircraft Health and Engine Condition Monitoring
- Fuel Management System
- Fleet Management and more
COMMERCIALIZATION HAS ALREADY BEGUN WITH MULTIPLE SALES & LOI’S IN 2022
The Company’s flagship product is the STAR Airborne Data Service (STAR-ADS) which is powered by the patented STAR In-Flight Safety Monitoring System (STAR-ISMS) … and after years of industry leading R&D $SNA started to rapidly commercialize in 2022 as follows with these wins to name a few:
- $1.2 Million Sale To Astral Aviation (Kenya) For 7 Cargo Aircraft
- Conditional $2.9M Purchase Order from Swiss Aviation Group AGconsists of nine (9) Star A.D.S ® units, to be delivered to 4 different airlines.
Estimated value of the purchase order is $2.9 million over five years. - LOI with Fly540 for the STAR-ISMS®In-Flight Safety Monitoring System for 3 aircraft in Kenya
East Africa's premier low-cost airline within Kenya / Zanzibar in Tanzania. - LOI With Pinnacle Air for the Purchase of the STAR-ISMS Of In-Flight Safety Monitoring Systems for 5 Charter Jets in India
BIGGEST LOI IN COMPANY’S HISTORY FOR EASTERN AFRICA’S LARGEST INFRASTRUCTURE PROJECT
But the real big surprise came towards the end of 2022 when the company announced an LOI with LAPSSET Corridor Development Authority to Track Trucks, Trains and Boats in Eastern Africa's Largest Infrastructure Project Bringing Together Kenya, Ethiopia and South Sudan
WHAT IS THE LAPSSET CORRIDOR PROGRAM?
It is Eastern Africa's largest and most ambitious infrastructure project the highlights of which are as follows:
- $30B Infrastructure Project To Move People And Goods
- Via Planes, Trains, Trucks and Boats
- Bringing Together Kenya, Ethiopia And South Sudan
- Airports, Highways, Pipelines, Railways Lines, Dams, Ports & Resort Cities
- Upon Completion It Will Represent Up To 8-10% Of Kenya Gdp
What is Star Navigation’s role in all of this? This quote sums it up perfectly.
686 에피소드
Manage episode 352939475 series 3179537
Star Navigation Systems Goes Beyond The AGM Entering 2023 With Multiple Potential Deals, Including Potential For Contract With The Largest Infrastructure Project In Eastern Africa
Did you know that at any given time 200-300 planes can be off the grid when flying and no-one knows where they are? In an era in which GPS can easily track dogs, trains and automobiles, the world has a right to ask why are our plane tracking systems not the strongest of all?
The Malaysian Air Flight 370 and Air France 447 disasters showed the world the weakness in plane monitoring systems and the strong need for a real solution.
ENTER STAR NAVIGATION SYSTEMS
A Flight Sciences Company that bridges the gap between flight experience and flight safety in real-time. How? $SNA technology provides a continuous connection between planes and the ground, which allows it to deliver powerful safety and efficiencies beyond just tracking:
- Real-Time Aircraft Health and Engine Condition Monitoring
- Fuel Management System
- Fleet Management and more
COMMERCIALIZATION HAS ALREADY BEGUN WITH MULTIPLE SALES & LOI’S IN 2022
The Company’s flagship product is the STAR Airborne Data Service (STAR-ADS) which is powered by the patented STAR In-Flight Safety Monitoring System (STAR-ISMS) … and after years of industry leading R&D $SNA started to rapidly commercialize in 2022 as follows with these wins to name a few:
- $1.2 Million Sale To Astral Aviation (Kenya) For 7 Cargo Aircraft
- Conditional $2.9M Purchase Order from Swiss Aviation Group AGconsists of nine (9) Star A.D.S ® units, to be delivered to 4 different airlines.
Estimated value of the purchase order is $2.9 million over five years. - LOI with Fly540 for the STAR-ISMS®In-Flight Safety Monitoring System for 3 aircraft in Kenya
East Africa's premier low-cost airline within Kenya / Zanzibar in Tanzania. - LOI With Pinnacle Air for the Purchase of the STAR-ISMS Of In-Flight Safety Monitoring Systems for 5 Charter Jets in India
BIGGEST LOI IN COMPANY’S HISTORY FOR EASTERN AFRICA’S LARGEST INFRASTRUCTURE PROJECT
But the real big surprise came towards the end of 2022 when the company announced an LOI with LAPSSET Corridor Development Authority to Track Trucks, Trains and Boats in Eastern Africa's Largest Infrastructure Project Bringing Together Kenya, Ethiopia and South Sudan
WHAT IS THE LAPSSET CORRIDOR PROGRAM?
It is Eastern Africa's largest and most ambitious infrastructure project the highlights of which are as follows:
- $30B Infrastructure Project To Move People And Goods
- Via Planes, Trains, Trucks and Boats
- Bringing Together Kenya, Ethiopia And South Sudan
- Airports, Highways, Pipelines, Railways Lines, Dams, Ports & Resort Cities
- Upon Completion It Will Represent Up To 8-10% Of Kenya Gdp
What is Star Navigation’s role in all of this? This quote sums it up perfectly.
686 에피소드
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