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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 VIR47726on Mar 02, 2024 9:18pm
182 Views
Post# 35911662

Star history and future

Star history and futureI agree. Star is finally seems to be at the right track.

None of these shareholders (the misleaders) had any concerns about the company when stock was at 0.5 cents with no sales or sales strategy.   Everyone at Star office agreed that Star was about to shut down until these changes were implemented. It is much easier to complan about somehting. 

This new management brought in Flightpath who is also sharing expenses with Star as per the news.  No one had done this kind of deal in past 20 years of Star's history becuase insiders did not want to lose their job. What i heard that these guys have cut the company expenses by 70%, looked at every area of the company and trimmed down all unncessary expenses that previous managements did no bother to look at.

I do not see that these guys would do any deal that won't be a win for Star.  I did not see in the news that company paid any money to the AI company.  To me that Star has 8 months to do that.  I am sure there would be some clauses in the agreement to protect Star in the future. It will be only win for Star.    
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