Displaying items by tag: Adrian Ballintine

Thursday, 06 August 2015 06:05

Will the Jabiru ever fly?

The nails continue to be hammered into NewSat’s coffin. Another asset, its launch spot with Arianespace, is gone.

Published in Listed Tech

Adrian Ballantine’s dream – lately a nightmare – is over. The flamboyant entrepreneur has been shown the door at NewSat, the company he founded.

Published in Listed Tech

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hit the wall and been placed into administration after it was revealed that French Government-owned creditor COFACE has withdrawn a major portion of the funding for the US$650 million project to put the Jabiru-1 satellite into space.

Published in Listed Tech
Thursday, 09 April 2015 06:17

NewSat out of time and out of money

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.

Published in C Level
Thursday, 07 August 2014 06:42

NewSat states its case, but needs more money

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.

Published in Listed Tech
Wednesday, 13 April 2011 17:18

Ball's the new CTO at NewSat

NewSat has appointed David Ball to the role of chief technology officer.

Published in People Moves

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