The nails continue to be hammered into NewSat’s coffin. Another asset, its launch spot with Arianespace, is gone.
Adrian Ballantine’s dream – lately a nightmare – is over. The flamboyant entrepreneur has been shown the door at NewSat, the company he founded.
Australia’s only would-be commercial satellite operator has hit the wall and been placed into administration after it was revealed that French Government-owned creditor COFACE has withdrawn a major portion of the funding for the US$650 million project to put the Jabiru-1 satellite into space.
Troubled satellite company NewSat has released a long statement to the ASX that essentially says it is trying to raise more money and everything is on hold for now.
In the wake of a plummeting share price, NewSat has released a detailed statement outlining its position. It needs another $37.2 million to get Jabiru-1 off the ground.
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Linux is becoming worse than Windows. :-(
I have. https://itwire.com/opin...
Instead of complaining about it, do something - use Linux, or better still, a Mac. Microsoft is dead to me,[…]