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Latest News and Archives about STAR

Jan 11, 2018 - Star Navigation Announces Completion of Private Placement

Star Navigation Systems Group Ltd. (CNSX:SNA.CN) (CNSX:SNA-CN.CN) (OTCQB:SNAVF) ("Star" or the "Company") is pleased to announce that it will close a non-brokered private placement on January 12, having issued 4,000,000 units of the Company (the "Units") at a price per Unit of $0.10 for gross proceeds of $400,000. Each Unit consists of one common share in the capital of the Company and one warrant. One warrant entitles the holder to purchase one (1) additional common share of the Corporation at fifteen ($0.15) cents per warrant exercised. The warrants are exercisable during the one (1) year period from the date of issue.

All securities issued in the Offering and any shares issued upon exercise of warrants are subject to a four month statutory hold period from the date of issuance. The net proceeds of the placement will be used for research and development, marketing and corporate overhead. Star has agreed to pay finder's fees in the amount of ten (10%) percent of gross proceeds in Units. The price was reserved with the CSE.

About Star Navigation:

Star Navigation Systems Group Ltd. owns the exclusive worldwide license to its proprietary, patented In-flight Safety Monitoring System, STAR-ISMS(R), the heart of the STAR-A.D.S. (R) 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.

Please visit www.star-navigation.com or

Viraf Kapadia, CEO, (416) 252-2889 Ext. 230

viraf.kapadia@star-navigation.com


Jan 9, 2018 - Star Navigation M.M.I. Division Update

Star Navigation Systems Group Ltd. (CNSX:SNA.CN) (CNSX:SNA-CN.CN) (OTCQB:SNAVF) ("Star" or the "Company") is pleased to announce its first orders of the New Year for its' STAR Man Machine Interface Division ("STAR- M.M.I. (TM)").

STAR- M.M.I. (TM) has received a new batch of repair orders from Lockheed Martin under the recently implemented agreement for refurbishment and maintenance. The agreement covers activities up to the year 2021. (See Press Release April 20, 2017). In addition, the Company has recently received repair and refurbishment orders from CAE (CAE Middle East LLC) and Blue Aerospace. CAE is a global leader in modelling, simulation and training for civil aviation and defence. Blue Aerospace, headquartered in Florida, is an international company active in military and defence sectors, with an outreach to 30 countries around the world. The estimated total repair business under these early 2018 orders is approximately U.S. $85,000. (CDN $105,000).

Mr. Jean-Louis Larmor, Star's COO said:

"2018 starts on a very positive note for our STAR-M.M.I. (TM) Division. We are now working under a three-year contract for flat screen display refurbishing with one major customer and are attracting additional maintenance business from other well-established customers. Star now plans to pursue the new display and man-machine interface market for retrofits on fixed wing and rotary wing aircraft. Our credentials and experience in customized LCD displays and control units have put us in a unique position to rapidly and efficiently answer the very specific needs of this market segment."

About Star Navigation:

Star Navigation Systems Group Ltd. owns the exclusive worldwide license to its proprietary, patented In-flight Safety Monitoring System, STAR-ISMS(R), the heart of the STAR-A.D.S. (R) 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

Viraf S. Kapadia, (416) 252-2889 Ext. 230

viraf.kapadia@star-navigation.com


Dec 22, 2017 - Star Navigation, Aircraft Monitoring System, CEO Clip Video

Viraf S. Kapadia, CEO and Chairman of Star Navigation Systems Group Ltd., talks about the company's real-time aircraft monitoring system.

If you cannot view the video above, please visit:http://www.b-tv.com/star-navigation-ceo-clip-90sec/

Star Navigation is being featured on CBC's Documentary Channel Jan 8- Jan. 21, 2018 Monday through Friday, throughout the day and evenings.

Star Navigation Systems Group Ltd. (CNSX:SNA.CN):

Headquartered in Toronto, Canada, Star Navigation has developed the STAR-ISMS® In-flight Safety Monitoring System - the first system in the world to feature in-flight data monitoring and diagnostics with a real-time, secure connection between aircraft and ground, made possible through current technology and satellite transmission. Our focus is on aerospace solutions that provide well balanced benefits for industry, airlines, consumers and the environment. Our solutions address primary issues in the aviation industry for safety and efficiency.

www.star-navigation.com

About CEO Clips:

CEO Clips is the largest library of publicly traded company CEO videos in the US and Canada.  These 90 second video profiles broadcast on national TV and are distributed online on top financial portals including: Thomson Reuters, BNN.ca, and Stockhouse.com.  They are also disseminated via a video news release to several financial portals including Globe Investor, OTC Markets, TMX Money, and The National Post.

BTV - Business Television/CEO Clip Contact: Trina Schlingmann (604) 664-7401 x 5 trina@b-tv.com


Dec 4, 2017 - Star Navigation Announces STAR V-trk(TM) Shipments

Star Navigation Systems Group Ltd. (CNSX:SNA.CN) (CNSX:SNA-CN.CN) ("Star" or the "Company"), is pleased to announce the shipment of two units of the STAR V-trk(TM) to its customer and V-trk distributor in China, Tianjin Zhonglian Tiantong Space Technology Co. Ltd., ("ZLT"). (See Press release May 11, 2017).

ZLT will be in charge of product distribution and associated services in China, addressing the requirements of local operators, from general aviation to regional aircraft and helicopters. STAR is promoting the STAR V-trk(TM) in the rest of the world.

The STAR V-trk(TM) performs tracking and positioning through satcom, and can provide on-board data collection, processing and downloading.

With services accessible through a web-based portal, it will provide quick and improved situational awareness.

It's highly reduced form-factor makes it ideal for simple installation on-board a large variety of aerospace assets where real estate and weight are critical.

The STAR V-trk(TM) specifically targets small and medium-sized aircraft as well as the helicopter market segment. Future developments also include rapid applications to ground vehicles.

The STAR V-trk(TM) is intended to be offered in several versions, offering the customers flexibility in configuration and scalability to meet the operator's diverse needs.

About Star Navigation:

Star Navigation Systems Group Ltd. owns the exclusive worldwide license to its proprietary, patented In-flight Safety Monitoring System, STAR-ISMS(R), the heart of the STAR-A.D.S. (R) 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

Jean-louis.larmor@star-navigation.com

Gold Feather Marketing Group

Attn.: Anahadjeet Garewal (647) 409-3434

info@goldfeathermarketing.com


Nov 20, 2017 - Star Navigation Provides India Update

Star Navigation Systems Group Ltd. (CNSX:SNA.CN) (CNSX:SNA-CN.CN) ("Star" or the "Company"), is pleased to provide an update with respect to ongoing discussions being held with Indian regulators concerning the opening of the Indian market for sale and activation of the STAR-A.D.S. (R) System.

Star's Indian distributor recently concluded a series of meetings with the office of the Indian Directorate General of Civil Aviation ("DGCA"). The DGCA is the Indian governmental regulatory body for civil aviation, operating under the Ministry of Civil Aviation.

A meeting with the Ministry of Civil Aviation of India also took place. The Indian equivalent of Transport Canada, the role of the Ministry is to formulate national policies and programmes for the development and regulation of Civil Aviation and for devising and implementing schemes for the orderly growth and expansion of civil air transport. Star's unique technology and its ability to enhance both air safety and operational efficiency was discussed thoroughly and has created significant interest with the Indian authorities. Letters were accepted by the regulators initiating the formal process. The next step is a formal technical presentation of the features and benefits of the STAR-A.D.S. (R) System, to be provided by Star's engineering and sales staff at a date to be confirmed.

Star's CEO, Viraf S. Kapadia said:

"We have been working with the authorities in India on this initiative for several years and are most encouraged by the response to the proposals made during our recent meetings. The Indian aviation market is growing at a very rapid pace and we are convinced that our products can contribute to that growth by enhancing air safety."

About Star Navigation:

Star Navigation Systems Group Ltd. owns the exclusive worldwide license to its proprietary, patented In-flight Safety Monitoring System, STAR-ISMS(R), the heart of the STAR-A.D.S. (R) 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

Jean-louis.larmor@star-navigation.com

Gold Feather Marketing Group

Attn.: Anahadjeet Garewal (647) 409-3434

info@goldfeather.ca



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