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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

Post by rai19on Aug 22, 2017 1:42am
125 Views
Post# 26606216

to stocksinvesting

to stocksinvesting
The answer to your question is contained in what I wrote. Flyht has invested a large amount of money putting in place the foundation for future sales. Star has not. Flyht continues to invest in the current commercialy oriented programs and testing with major industry partners. Star not so much. Star is not spending the money because they don't have the connections but mainly because they are cash constrained which means the company's future is also constrained.
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