Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Star Navigation Systems Group Ltd C.SNA

Alternate Symbol(s):  SNAVF

Star Navigation Systems Group Ltd. is a technology company. The Company is focused on providing aerospace and transportation data services solutions along with hardware and software platforms that assist aviation and other transport related operators worldwide. It manufactures In-flight Safety Monitoring System (STAR-ISMS), an aircraft computer that is at the heart of the Star Airborne Data... see more

CSE:SNA - Post Discussion

Star Navigation Systems Group Ltd > New buzz word: AI
View:
Post by Newtechfan on Mar 07, 2024 8:50am

New buzz word: AI

So, in short STAR is leaving the aerospace domain to go into IT and Artificial Intelligence.
Anyhow with a possible one or two aircraft equipped with their data system, they were not a player. In comparison FLYHT is boasting their 3000 + aircraft equipped. And Airbus, Boeing have their own data capture and processing environment by now. Not to mention ‘Medevac’  for which ‘the technology is not there ‘ (dixit one of the many recent STAR CEO ) while SKYTRACK is already doing medical data transfer with STARS medical helicopter services in Alberta.
Too bad for the millions of $ invested so far.

Now opens a brand-new field to spend money: the AI!
How will a company that barely generates 5000 $ a month of revenues (not even 5000 $ of profit) can fund the new investments?
Any clue?
Comment by Fakenewssna on Mar 07, 2024 9:46am
Very easy sir ji ,Lies to people for next for order same as last time and collecting funds from people, adding more shares to SNA , moving all funds to new company S3iai after Private placement and Securing  their jobs there and closing SNA . They don't care about SNA investors,  we hand over this company to them as Debt free , how much debt they have now .  how FLYHt can ...more