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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 System (STAR-A.D.S.). The STAR-A.D.S. system has real-time capability with GADSS capability tracking, all aircraft systems performance trends and predicting incident-occurrences, which enhances aviation safety and improves fleet management. In addition, Star Man, Machine, Interface (MMI) Defense Division designs and manufactures high performance, mission critical, flight deck flat panel displays for defense and commercial aviation industries worldwide. STAR-V-TRK system is a small-scale tracking and monitoring system that can be installed on smaller vehicles such as boats, marine, trains and trucks.


CSE:SNA - Post by User

Post by BarneyLon Aug 10, 2022 9:39am
252 Views
Post# 34884281

Another Order

Another OrderStar Navigation Announces LOI for Purchase of STAR-ISMS ("In-Flight Safety Monitoring Systems") for 7 Aircraft in Kenya with Safe Air Company and Brent Global 2022-08-10 09:11 ET - News Release Brampton, Ontario--(Newsfile Corp. - August 10, 2022) - Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) ("Star" or the "Company") is pleased to announce the signing of a Letter of Intent ("LOI") with Safe Air Company ("Safe Air") and Brent Global ("Brent"), Kenya to purchase seven (7) units of the STAR-ISMS(TM). (In-Flight Safety Monitoring System) for seven (7) of their aircraft. Safe Air is a leading cargo airline based in Nairobi, Kenya where it provides commercial air transport business to commercial clients in Africa, Europe, Asia and the Middle East. In addition, it is also entrusted to deliver humanitarian assistance to remote locations in the East, Central and South of Africa. Safe Air operates three (3) B727 freighters and also provides passenger flight services between Dubai, Djibouti, Cairo, Mogadishu, Hargeisa, Nairobi and Mombasa. Mr. Cliff Mwachola, Chief Operating Officer of Safe Air stated "The incorporation of Star's STAR-ISMS(TM) into our operations will provide S.A.C. with the kinds of operational efficiencies and safety standards that we could only dream of until we discovered Star. We are happy to be working with them and look forward to growing with them for many years to come.' Brent Global is a specialist aviation service provider offering private charter, VIP charter, private jet services and cargo logistics management. In doing so, Brent operates a Gulfstream Business Jet and a King Air 90. The Brent Cargo Division specialises in transport to, from and within Africa via a fleet that includes aircraft for small-size cargo, up to the Boeing 737-400. Mr. Richard Kubo, Chairman of Brent Global stated "As a leading provider of private and VIP charter jet services in and around Africa, providing peace of mind to our discerning clients is of utmost importance to Brent Global. The integration of ISMS allows us to deliver our clients with predictive safety analytics that can not be offered by even some of the leading such providers in the world, gives us an invaluable competitive advantage both today and for years to come." STAR NAVIGATION CONTINUES TO EXPAND GLOBAL SALES SUCCESS IN 2022 Over the past few months Star has announced the following, JUNE 13 - Sales Agreement with Astral Aviation Nairobi Kenya for the Purchase of the STAR-ISMS ("In-Flight Safety Monitoring Systems") for 7 Cargo Aircraft JUNE 9 - Letter of Intent with Fly540 for the STAR-ISMS In-Flight Safety Monitoring Systems for 3 Aircraft in Kenya APRIL 28 - LOI With Pinnacle Air for the Purchase of the STAR-ISMS Of In-Flight Safety Monitoring Systems for 5 Charter Jets in India APRIL 5 - $2.9 Million Order from Swiss Aviation Group AG For Nine (9) Star A.D.S (TM) Units, To Be Delivered To Four Different Airlines. Amir Bhatti, Chief Executive Officer of Star stated "After embarking on our direct sales and marketing efforts via international air shows and even our own major conference in Africa, Star has delivered consistent results that also serves to confirm what we have known all along - our solutions for the international airline industry are amongst the best in the world. Far from resting on our laurels, we are now leveraging this success with our continued sales and marketing efforts to deliver what we expect to be even more and bigger agreements for our shareholders."
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