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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 focuses 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 the 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 of tracking, performance trends and predicting incident-occurrences which enhances aviation safety and improves fleet management while reducing costs for the operator. Star's MMIDivision (Military and Defence) designs and manufactures high performance, mission-critical, flight deck flat panel displays for defense and commercial aviation industries worldwide. The STAR-V-TRK system is its small-scale tracking and monitoring system that can be installed on smaller vehicles such as boats, marine, trains, trucks, and others.


CSE:SNA - Post by User

Comment by pikeroo_007on Feb 29, 2016 8:29pm
73 Views
Post# 24607223

RE:December 31, 2015 statements were released

RE:December 31, 2015 statements were releasedNot sure about the validity of all your points as I don't have much of an accounting background but I must admit I was very disappointed not to see revenue from that Lear Jet. They still claim that it is installed and running so I think they have a deal in place with Sky Service. They are probably working with Star on perfecting the system and/or promoting it. I think shareholders should be made aware of what the real deal is. There is no validity to what I am saying here, I am just throwing out ideas. Now, they have cut back on marketing, WTF? We need sales, and were cutting back on marketing??? I get financials are low, but we need some goddam sales to survive and marketing is one way to get her done in my opinion. On a positive note though they seem to have grown their relationship with IRTS which is excellent. Also of note is the Spaceon relationship seems to be developing fast and it could give us something tangible. But were way past agreements, partnerships, ICAO meetings, working groups, this company needs sales and they need it now. Only way SP is moving...Market the F out of these products and sell.
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