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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 VIR47726on Mar 07, 2024 9:05pm
144 Views
Post# 35921863

False statements with no facts or sense by certain people

False statements with no facts or sense by certain peopleI read some comments which are only coming from 2 to 3 people, same questions, and same posts around the same topics recently:

Star is leaving the aerospace domain to go into IT and AI by Newtechfan. (FALSE). It is obvious that this guy has no clue as to what is going on in Star or very conveniently forgetting to include the true facts here.    Star signed and announced a joint venture with Flightpath.  

Star is going to move funds into S3iai (FALSE) – who told you that information.  Or did you just dream about it.  Star just released a PR in which they clearly stated their plan with this one.  They have 8 months to assess and evaluate and prepare a report for the Board before any investment is made.  They also have the choice and flexibility as to how to do it or not to do it.    So, this is misleading and false. 

STAR has wasted over 70 million dollars in the last many years.  Did that money go to the S3iai? Do I need to answer that as well.  Purely false statements with no base or any sense. 

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