...a South Asian satellite reseller. The commitment is for the purchase of US$30.29 million of Jabiru satellite transmission capacity over Afghanistan. Payment in full has been agreed upon with the customer and is expected to be received before the end of this month. For commercial and competitive reasons, the customer details cannot be disclosed at this time and remain confidential. Adrian Ballintine, NewSat Founder and CEO, said: “Afghanistan continues to have an insatiable appetite for communications, and our high throughput Ka-band satellite capacity is obviously hitting a sweet spot with our customers in the region. The latest contract for US$30 million, takes the total of Jabiru pre-launch customer contracts to over US$600 million. Lockheed Martin is now six months into the Jabiru-1 satellite build and on schedule for a 2014 launch with Arianespace. Export credit debt funding continues to progress extremely well.


