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Star Navigation $SNA.ca Announces Acquisition

Posted by AGORACOM-JC at 8:34 AM on Thursday, January 17th, 2019
  • Signed an arm’s length agreement which provides for the acquisition by Star of a majority position in SOLUTIONS ISONEO INC. (“ISONEO”), currently a wholly-owned FGD subsidiary located in Montreal.
  • No finder’s fees were paid. STAR will undertake full operational management of the company, to be renamed STAR-ISONEO Inc.

TORONTO, Jan. 16, 2019 — Star Navigation Systems Group Ltd. (CSE: SNA) (OTCQB: SNAVF)  (“Star” or the “Company”) announces that Star and Finances Gestion & Développement SAS (“FGD”), the French Holding company managing Artal Technologies (http://www.artal.fr) and Magellium (http://www.magellium.com/), today signed an arm’s length agreement which provides for the acquisition by Star of a majority position in SOLUTIONS ISONEO INC. (“ISONEO”), currently a wholly-owned FGD subsidiary located in Montreal. No finder’s fees were paid. STAR will undertake full operational management of the company, to be renamed STAR-ISONEO Inc.

ISONEO is a specialised software subsidiary of FGD, developing complex solutions in engineering, simulation and development for Canadian customers. ISONEO was already working closely with Star in the development of Stars’ MEDEVAC (STAR-ISAMM™ and STAR- LSAMM™) applications of the patented STAR-A.D.S. ® technology, and on Star’s current R&D program with Bombardier.

Artal Technologies specializes in onboard real-time systems, data simulation and processing and model-based engineering.  Magellium specializes in earth observation, GIS and geo intelligence and has expert knowledge of image processing and related services.

Going forward, STAR-ISONEO Inc. will benefit from the combined strengths of both Artal, Magellium and Star, exploring and undertaking new R&D projects related to the business of the two groups. It will develop new applications directed towards both Canadian and North American OEMs. In addition, STAR-ISONEO will market the Artal-Magellium capabilities, in engineering and in sensors and image processing, towards the Canadian market.

Mr. Jean-Louis Larmor, VP-Corporate Development and proposed President of STAR-ISONEO said:

‘The possibilities offered by this operation strengthen the capabilities of both companies and widen our audience, starting with Quebec and Canada but also with France, where Artal will allow us to have a ‘footprint’ for promoting our solutions’

The financial terms of the acquisition are not considered material by the Company.

About Star Navigation: 
Star Navigation Systems Group Ltd. owns the exclusive worldwide license to its proprietary, patented In-flight Safety Monitoring System, STAR-ISMS®, the heart of the STAR-A.D.S. ® System. Its real-time capability of tracking performance trends and predicting incident-occurrence enhances aviation safety and improves fleet management while reducing costs for the operator.

Star’s MMI Division designs and manufactures high performance, mission critical, flight deck flat panel displays for defence and commercial aviation industries worldwide.

Certain statements contained in this News Release constitute forward-looking statements. When used in this document, the words “may”, “would”, “could”, “will” and similar expressions, as they relate to Star or its management are intended to identify forward-looking statements. Such statements reflect Star’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause Star’s actual performance or achievements to vary from those described herein. Should one or more of these factors or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Star does not assume any obligation to update these forward-looking statements, except as required by law.

Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of the content of this release.

This Press Release is available On the Company’s CEO Verified Discussion Forum, A Moderated Social Media Platform That Enables Civilized Discussion and Q&A between Management and Shareholders. https://agoracom.com/ir/StarNavigationSystems/forums/discussion

Please visit www.star-navigation.com or

Viraf Kapadia, CEO, (416) 252-2889 Ext. 230
[email protected]

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CLIENT FEATURE: Star Navigation $SNA.ca Real-Time Flight Tracking and Monitoring Technology

Posted by AGORACOM-JC at 11:05 AM on Monday, January 14th, 2019

RECENT HIGHLIGHTS

COMPLETED SALE OF FIVE STAR-A.D.S SYSTEMS TO ALMASRIA UNIVERSAL AIRLINES

  • Announced that AlMasria Universal Airlines of Egypt has decided to proceed with the installation and activation of the STAR-A.D.S.® System across all five (5) of its current aircraft fleet, which includes A-320, A-321, A330 and B737 aircraft.

BOMBARDER JOINT RESEARCH AND DEVELOPMENT PROGRAM

  • Joint research and development program with Bombardier and other industrials and universities of Canada is progressing very positively.
  • The STAR-A.D.S. ® system which is at the heart of the program, after having been validated and extensively used by the aircraft manufacturer, has now been transferred to another flight test vehicle to complete the flight testing and the data collection.

EMERGENCY MEDICAL SERVICES APPLICATIONS

  • Star’s Land System Aided Medical Monitoring system for ground ambulance applications has undergone a series of demonstrations by a care organization in North America.
  • Its airborne parent system, the In-Flight System Aided Medical Monitoring system (STAR-ISAMM™â€), has now been demonstrated to several stakeholders of the commercial and civil air ambulance market.

CHECK OUT OUR RECENT INTERVIEW


FULL DISCLOSURE: Star Navigation Systems Group Ltd. is an advertising client of AGORA Internet Relations Corp.

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CLIENT FEATURE: Star Navigation $SNA.ca Real-Time Flight Tracking and Monitoring Technology

Posted by AGORACOM-JC at 10:01 AM on Friday, January 4th, 2019

RECENT HIGHLIGHTS

COMPLETED SALE OF FIVE STAR-A.D.S SYSTEMS TO ALMASRIA UNIVERSAL AIRLINES

  • Announced that AlMasria Universal Airlines of Egypt has decided to proceed with the installation and activation of the STAR-A.D.S.® System across all five (5) of its current aircraft fleet, which includes A-320, A-321, A330 and B737 aircraft.

BOMBARDER JOINT RESEARCH AND DEVELOPMENT PROGRAM

  • Joint research and development program with Bombardier and other industrials and universities of Canada is progressing very positively.
  • The STAR-A.D.S. ® system which is at the heart of the program, after having been validated and extensively used by the aircraft manufacturer, has now been transferred to another flight test vehicle to complete the flight testing and the data collection.

EMERGENCY MEDICAL SERVICES APPLICATIONS

  • Star’s Land System Aided Medical Monitoring system for ground ambulance applications has undergone a series of demonstrations by a care organization in North America.
  • Its airborne parent system, the In-Flight System Aided Medical Monitoring system (STAR-ISAMM™â€), has now been demonstrated to several stakeholders of the commercial and civil air ambulance market.

CHECK OUT OUR RECENT INTERVIEW

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INTERVIEW: Star Navigation $SNA.ca Discusses Sale of Five STAR-A.D.S.® Systems To AlMasria Universal Airlines

Posted by AGORACOM-JC at 1:42 PM on Monday, December 3rd, 2018

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Posted in AGORACOM Via Satellite, All Recent Posts, Star Navigation Systems (SNA: CSE), Star Navigation Systems (SNA:TSXV) | Comments Off on INTERVIEW: Star Navigation $SNA.ca Discusses Sale of Five STAR-A.D.S.® Systems To AlMasria Universal Airlines

Star Navigation $SNA.ca Completes Sale of Five STAR-A.D.S.® Systems To AlMasria Universal Airlines

Posted by AGORACOM-JC at 10:38 AM on Tuesday, November 13th, 2018

Sna

  • Announced that AlMasria Universal Airlines (“AlMasria”) of Egypt has decided to proceed with the installation and activation of the STAR-A.D.S.® System across all five (5) of its current aircraft fleet, which includes A-320, A-321, A330 and B737 aircraft

TORONTO, Nov. 13, 2018 – Star Navigation Systems Group Ltd. (CSE: SNA) (CSE:SNA.CN) (OTCQB: SNAVF) (“Star” or the “Company”) is pleased to announce that AlMasria Universal Airlines (“AlMasria”) of Egypt has decided to proceed with the installation and activation of the STAR-A.D.S.® System across all five (5) of its current aircraft fleet, which includes A-320, A-321, A330 and B737 aircraft.

The terms of the original procurement agreements dating back to late 2013 and 2015 have been revised and expanded to meet the changed needs of the airline.  With AlMasria expansion plans already underway with the addition of more aircraft and routes, the new Agreement includes a provision to accommodate future additions to their fleet.

STAR-A.D.S.® PROVIDES ALMASRIA WITH OPERATIONAL COST EFFICIENCIES AND COMPLIANCE WITH UPCOMING INTERNATIONAL CIVIL AVIATION RECOMMENDATIONS

The STAR-A.D.S.® System will help AlMasria achieve important operational cost efficiencies to pursue its growth plans, as well as immediately meet the most recent recommendations of the International Civil Aviation Organization (“ICAO”) concerning the Global Aeronautical Distress and Safety System (“GADSS”). Specifically, ICAO has recommended that, as of November 2018, airlines should report flight positions every 15 minutes over oceanic areas and, as of January 2021, there should be autonomous location and tracking of aircraft in distress at least once every minute.

The STAR–A.D.S.® System already exceeds compliance with all of the ICAO GADSS recommendations and evolutions planned from 2018 to 2021 and beyond. (See Star Press release of June 11, 2018 for expanded discussion and details).

Viraf Kapadia, CEO of Star Navigation Systems said:

“Completion of this sale to AlMasria covering their entire fleet will allow us to deploy our tracking and monitoring solutions on the most popular commercial aircraft in a competitive region of the world. We have already worked out the validation process of our Transport Canada STC’s by the local authorities (ECAA) and we are ready to fast track the implementation of our solution. The full benefits of our STAR-A.D.S.® System, from immediate compliance with the coming navigation tracking and reporting rules, to operational cost savings, will help AlMasria gain a competitive edge in a rapidly evolving market.”

This Press Release Is available On The Company’s CEO Verified Discussion Forum, A Moderated Social Media Platform That Enables Civilized Discussion and Q&A Between Management and Shareholders. https://agoracom.com/ir/StarNavigationSystems/forums/discussion

About Star Navigation:

Star Navigation Systems Group Ltd. owns the exclusive worldwide license to its proprietary, patented In-flight Safety Monitoring System, STAR-ISMS®, the heart of the STAR-A.D.S.® System. Its real-time capability of tracking performance trends and predicting incident-occurrence enhances aviation safety and improves fleet management while reducing costs for the operator.

Star’s M.M.I. Division designs and manufactures high performance, mission critical, flight deck flat panel displays for defence and commercial aviation industries worldwide. These displays are found on aircraft and simulators, from P-3 Orion and C-130 aircraft, to Sikorsky and AgustaWestland helicopters, as examples.

Certain statements contained in this News Release constitute forward-looking statements. When used in this document, the words “may”, “would”, “could”, “will”, “expected” and similar expressions, as they relate to Star or its management are intended to identify forward-looking statements. Such statements reflect Star’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause Star’s actual performance or achievements to vary from those described herein. Should one or more of these factors or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Star does not assume any obligation to update these forward-looking statements, except as required by law.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of the content of this release.

Please visit www.star-navigation.com or

Roger S. Peacock, (416) 252-2889 Ext. 225

[email protected]

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CLIENT FEATURE: Star Navigation $SNA.ca Real-Time Flight Tracking and Monitoring Technology

Posted by AGORACOM-JC at 11:06 AM on Wednesday, October 3rd, 2018

STAR-A.D.S.®

  • On-board real-time monitoring and data analysis system that provides a “virtual window into an aircraft”
  • As cost-effective air to ground communication system that automatically and securely transmits flight data and incident alerts.
  • Continuously monitors selected avionics systems on the aircraft from power-on to power-off, instantly analyzes the data, and transmits selected data and any incident alerts, via satellite to the operator.
  • Acts as an early warning system, detecting the earliest signs of potential problems
  • Performs these functions in “real-time” providing essential safety monitoring to the benefit of passengers, aircraft personnel, and ground crew
  • Applications include: Commercial Airlines, Helicopters, Business Aircraft, Assist Search and Rescue by providing last transmitted location
  • Recent applications: Emergency Medical Services (airborne and ground vehicles), Land vehicles

CHECK OUT RECENT INTERVIEW

FULL DISCLOSURE: Star Navigation Systems Group Ltd. is an advertising client of AGORA Internet Relations Corp.

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CLIENT FEATURE: Star Navigation $SNA.ca Real-Time Flight Tracking and Monitoring Technology

Posted by AGORACOM-JC at 3:25 PM on Wednesday, September 19th, 2018

STAR-A.D.S.®

  • On-board real-time monitoring and data analysis system that provides a “virtual window into an aircraft”
  • As cost-effective air to ground communication system that automatically and securely transmits flight data and incident alerts.
  • Continuously monitors selected avionics systems on the aircraft from power-on to power-off, instantly analyzes the data, and transmits selected data and any incident alerts, via satellite to the operator.
  • Acts as an early warning system, detecting the earliest signs of potential problems
  • Performs these functions in “real-time” providing essential safety monitoring to the benefit of passengers, aircraft personnel, and ground crew
  • Applications include: Commercial Airlines, Helicopters, Business Aircraft, Assist Search and Rescue by providing last transmitted location
  • Recent applications: Emergency Medical Services (airborne and ground vehicles), Land vehicles

CHECK OUT RECENT INTERVIEW

FULL DISCLOSURE: Star Navigation Systems Group Ltd. is an advertising client of AGORA Internet Relations Corp.

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STAR-A.D.S. ®$SNA.ca system has received its approval from the General Authority of Civil Aviation of the Kingdom of Saudi Arabi

Posted by AGORACOM-JC at 11:53 AM on Monday, September 17th, 2018

Sna

  • STAR-A.D.S. ® system has received its approval from the General Authority of Civil Aviation of the Kingdom of Saudi Arabia
  • This important step from a renowned regulation Authorities is the most recent validation granted to the Star Navigation system

TORONTO, Sept. 17, 2018 — Star Navigation Systems Group Ltd. (CSE: SNA) (OTCQB: SNAVF) (“Star” or the “Company”) is pleased to announce that the STAR-A.D.S. ® system has received its approval from the General Authority of Civil Aviation of the Kingdom of Saudi Arabia. This important step from a renowned regulation Authorities is the most recent validation granted to the Star Navigation system.

It builds on Star credibility and visibility while the company keeps on engaging with operators and stakeholders in this region of the world. In the short run, Star will now work on the implementation of its STAR-A.D.S. ® solution over the remaining part of the fleet of its current local customer.

About Star Navigation:

Star Navigation Systems Group Ltd. owns the exclusive worldwide license to its proprietary, patented In-flight Safety Monitoring System, STAR-ISMS®, the heart of the STAR-A.D.S. ® system. Its real-time capability of tracking performance trends and predicting incident-occurrence enhances aviation safety and improves fleet management while reducing costs for the operator.

Stars’ M.M.I. Division designs and manufactures high performance, mission critical, flight deck flat panel displays for defence and commercial aviation industries worldwide. These displays are found on aircraft and simulators, from P-3 Orion and C-130 aircraft, to Sikorsky and AgustaWestland helicopters, as examples.

Certain statements contained in this News Release constitute forward-looking statements. When used in this document, the words “may”, “would”, “could”, “will”, “expected” and similar expressions, as they relate to Star or its management, are intended to identify forward-looking statements. Such statements reflect Star’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause Star’s actual performance or achievements to vary from those described herein. Should one or more of these factors or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Star does not assume any obligation to update these forward-looking statements, except as required by law.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of the content of this release.

Please visit www.star-navigation.com or

Jean-Louis Larmor, (416) 252-2889 Ext. 221
C.O.O.
[email protected]

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CLIENT FEATURE: Star Navigation $SNA.ca Recently Announced STAR-ISAMM™ In-Flight System Aided Medical Monitoring system

Posted by AGORACOM-JC at 10:26 AM on Friday, August 17th, 2018
In response to discussions with the Emergency Medical Service industry, Star’s R&D Department has been working on this project for several years.

The STAR-ISAMM™ prototype has already been demonstrated and Star expects that this will significantly enhance:

  • Interfacing with EMS, in the air and on the ground, improving on scene care and care in transit.
  • Providing better patient care with a seamless hospital virtual environment. The patient will be already ‘admitted’ to the hospital care service while being transported.

Star intends to start fielding the STAR-ISAMM™ system this year, starting with the helicopter EMS segment.

Hub On AGORACOM

FULL DISCLOSURE: Star Navigation Systems Group Ltd. is an advertising client of AGORA Internet Relations Corp.

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Star Navigation $SNA.ca Receives FAA Certification for STAR-A.D.S. ® SSU-G3

Posted by AGORACOM-JC at 8:28 AM on Wednesday, August 1st, 2018

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  • Confirms the granting by the US Federal Aviation Administration of a Supplementary Type Certificate for its STAR-A.D.S. ® SSU-G3 tracking and monitoring system
  • STC will initially be used for a Star customer operating an Airbus A310 in the Middle East. It will also facilitate further international sales on retrofit aircraft. 

TORONTO, Aug. 01, 2018 – Star Navigation Systems Group Ltd. (CSE: SNA) (CSE:SNA.CN) (OTCQB: SNAVF) (“Star” or the “Company”), confirms the granting by the US Federal Aviation Administration (“FAA”) of a Supplementary Type Certificate (“STC”) for its STAR-A.D.S. ® SSU-G3 tracking and monitoring system.

The STC will initially be used for a Star customer operating an Airbus A310 in the Middle East. It will also facilitate further international sales on retrofit aircraft.

In particular, this new FAA certification is an important step in Star’s efforts to market STAR-A.D.S. ® solutions in North America, the Middle East and Asia.

Mr. Jean-Louis LARMOR, Interim CEO and COO of Star said:

“This FAA STC opens the door to additional sales for Star on retrofit aircraft internationally and comes at a very timely moment in view of the Global Aeronautical Distress Safety System (GADSS) requirements, for tracking and monitoring (see Press Release June 11, 2018).

Star’s immediate efforts are also accelerating towards the entry into market of its Emergency Medical Services applications (STAR-ISAMM™ ) for helicopters and small aircraft used as Air Ambulances in North America.”

About Star Navigation:

Star Navigation Systems Group Ltd. owns the exclusive worldwide license to its proprietary, patented In-flight Safety Monitoring System, STAR-ISMS®, the heart of the STAR-A.D.S. ® System. Its real-time capability of tracking performance trends and predicting incident-occurrence enhances aviation safety and improves fleet management while reducing costs for the operator.

Star’s MMI Division designs and manufactures high performance, mission critical, flight deck flat panel displays for defence and commercial aviation industries worldwide.

Certain statements contained in this News Release constitute forward-looking statements. When used in this document, the words “may”, “would”, “could”, “will”, “expected” and similar expressions, as they relate to Star or its management are intended to identify forward-looking statements. Such statements reflect Star’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause Star’s actual performance or achievements to vary from those described herein. Should one or more of these factors or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Star does not assume any obligation to update these forward-looking statements, except as required by law.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of the content of this release.

Please visit www.star-navigation.com or

Jean-Louis Larmor, (416) 252-2889 Ext. 221

[email protected]

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