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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 pikeroo_007on Sep 13, 2017 10:09am
135 Views
Post# 26689456

Feeling from AGM

Feeling from AGMNow as far as the AGM goes I feel very confident, the CEO did mention that he feels we could very well be cashflow positive in 18 months. I think this could very well spell S-A-L-E-S. Star has been delivering PR's and should continue to do so over the next little while considering that statement. I also noticed on the presentation that star had a product that fits a requirement that will come into effect in EUROPE. Drones will need to be tracked and Star has the technology to do so with it's V-TRK. There was also mention of train monitoring. Star has a lot going on at the moment, and I assume some should come to fruitation if we are to be cashflow positive in 18 months. It was also mentioned that Skyservice deal is also still very much alive, they will install on all three planes as originally planned. Skyservice was waiting for the cheaper G3 version of the SSU. It will be cheaper data for them through that system. VVIP test results were very positive. MMI they are working on providing a new technology to sell new equipment more updated. R&D there and I guess sales later down the road. Medevac was in the marketing stage pretty much although one test remaining I believe. This resumes a good part of the AGM I think which was very positive in my opinion.
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