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Latest News and Archives about STAR

Jul 24, 2019 - Star Navigation Provides a Refocused Business Strategy Update

TORONTO, July 24, 2019 (GLOBE NEWSWIRE) -- Star Navigation Systems Group Ltd. (CSE:SNA) (SNA.CN) (SNAVF) ("Star” or the “Company”) is pleased to provide an update on its current 2019 re-focused business strategy.

The STAR-A.D.S. ® system installed on a major VVIP private operator in the Mid-East has been operating for more than one year now, to the satisfaction of the customer. Discussions are being finalized to expand the installation of the STAR solution of real-time monitoring to the rest of the customers’ fleet.

The contract for 5 aircraft installations with a scheduled flights airline in Egypt has been implemented. The first installation is scheduled for Fall 2019 as scheduling permits, with the balance of fleet installations to match the C-check schedule of the remaining aircraft in the fleet.

Production of 27 STAR-A.D.S.® System units has commenced in order to meet ongoing requirements.

An adaptation of the STAR-A.D.S. ®, System has been installed on a Bombardier Global 7500 test aircraft for almost 2 years, as part of a government Research and Development study on the effects of high altitude flights on the health of crew, passengers and equipment. Our System has proved its flexibility and adaptability, being connected in record time to existing avionics systems of the aircraft, and by being installed and interfaced with very specific sensors. While the R&D program is successfully extended for all of 2019, a derived commercial version of that application is also under discussion.

STAR-A.D.S. ® System adaptations on a fleet of small sized transport and liaison aircraft (10 passengers) and helicopters as retrofit systems were recently presented to a large Asian Defense organization. Star Navigation is actively pursuing this prospect with a proposal requested for Fall 2019, concurrent with the customer’s budgetary cycle.

The STAR M.M.I.™ Division (displays), continues to service, repair and offer case-by case new unit build for legacy LCD panels for Lockheed Martin (P3 aircraft), Northrop Grumman, and Blue Aerospace. Star qualified for these activities as a stable, long-term and direct offsets (Industrial Regional Benefit “IRB”) provider to these main US based integrators.

The STAR-ISAMM™ and STAR-LSAMM™ systems have generated a rapid and growing interest in the North American market. A Distribution and Sales agreement with AMS Heli Design has been signed, with the first contract covering 6 installations on EMS helicopters awaiting final approval by the end customer. If approved, installations are expected to start at the end of 2019.  

A Cooperation Agreement has been signed with AIRMEDIC relating to the integration of the STAR-ISAMM™ system into their fleet of fixed-wing and rotary-wing aircraft, with the possible extension of the integration of the STAR-LSAMM™ equipment into affiliated ground ambulance service providers.

STAR-ISAMM™ presentations have been made targeting Canadian Defense retrofit programs. Star has received a high level of interest from the military industry and market segments.

Two applications have been submitted to the Federal and Provincial governments for Research and Development funding covering mid-2019 to end of 2021.

As a result of the recent much needed reorganization efforts, the Company has achieved cost savings of over $500,000 per annum.

Viraf Kapadia, Chairman & CEO of Star said:

“A significant part of the recent corporate reorganization involves the Sales Department at Star, which has not performed to expectations. The Company is actively working on building a new Sales team with proven aviation experience, drive and commitment. There have also been many developments on the technical and product front. The Company has recently successfully completed its regular AS 9100 Rev “D” quality audit. Additionally, stages 1 and 2 of ISO 13485 & MDSAP (Medical Device for Single Audit Program) for medical devices are also now completed and awaiting certification. We are in the process of obtaining Health Canada and FDA licenses required for STAR-ISAMM™ and STAR-LSAMM™, and are working on various new G3 STAR-A.D.S.® STCs, as well as on improvements to our GUI. We have three products awaiting certification, and we have just passed CGR inspection review at our new premises. I am proud to say that our Company is able to demonstrate a quality profile that offers a potential customer a blend of the Aerospace standard AS 9100 Rev “D”, ISO 9001:2015 and the medical standard ISO 13485. This is a unique combination that may open many sales opportunities.”


Jul 15, 2019 - Star Navigation Responds to Shareholder Meeting Requisition

TORONTO, July 15, 2019 (GLOBE NEWSWIRE) -- Star Navigation Systems Group Ltd. (CSE:SNA) (SNA.CN) (SNAVF) ("Star” or the “Company”) announces that the Board of Directors of the Company considers a shareholder meeting requisition letter dated June 25, 2019 to be invalid.

Management of the Company continues to focus its efforts on improving sales.

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. ® and of the STAR-ISAMM™ Systems. 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 C-130 aircraft, to Sikorsky and Agusta Westland helicopters, as examples.

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

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 contact

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

Viraf.kapadia@star-navigation.com

 


Jul 8, 2019 - Star Navigation Announces MEDEVAC Agreement with Airmedic Inc.

TORONTO, July 08, 2019 (GLOBE NEWSWIRE) -- Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) (OTCQB: SNAVF) ("Star” or the “Company”) announces that the Company has entered into a multi-pronged cooperation agreement with Airmedic Inc., consisting of the integration of Star’s STAR-ISAMM™ System into the operations of Airmedic’s expanding helicopter and fixed-wing based Emergency Medical System (“EMS”) services.

The parties will subsequently extend their cooperation to the STAR-LSAMM™ System for ground ambulances, eventually providing a complete and seamless electronic medical transport system.

Star and Airmedic will be offering the STAR-ISAMM™ System as part of the Helicopter Emergency Medical Services (“HEMS”) system. STAR-ISAMM™ interfaces with existing bio-medical monitoring equipment on-board. It securely transmits the patients’ vital signs and other critical information directly to receiving hospital physicians, while at the same time providing tracking, location, and Estimated Time of Arrival of the vehicle. The patient, upon arrival at the aircraft, becomes part of the care environment, well before reaching the hospital.

J-L Larmor, V.P. Corporate Development at Star, said:

“The STAR-ISAMM™ and STAR-LSAMM™ Systems provide a unique opportunity to increase the efficiency and quality of EMS services over vast regions, as well as locally, whether air- or ground-based. We are extremely happy to enter into this new collaboration with an experienced and innovative airborne EMS specialist. In addition, the growing Airmedic fleet is based on excellent aircraft and helicopters that play a major role in the EMS market sector.”

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. ® and of the STAR-ISAMM™ Systems. 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 C-130 aircraft, to Sikorsky and Agusta Westland helicopters, as examples.

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

About Airmedic Inc.:

Airmedic is the only private company in Quebec that operates its own airplane and helicopter fleet exclusively dedicated to providing emergency medical services and inter?hospital transport. It operates a state-of-the-art Emergency Call Centre 24/7/365 thanks to the commitment of its 150 specialized employees. Its emergency medical team’s mission is to provide rapid response and care to all Airmedic members by providing plane and helicopter transportation to the nearest appropriate medical facility. It is the first company offering emergency airborne medical services to obtain Transport Canada certification authorizing night flight thanks to its night vision goggles.

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 contact

Jean-Louis Larmor, V.P. Corporate Development of STAR and President of Star-Isoneo Inc.  (514) 290 – 1919

jean-louis.larmor@star-navigation.com


May 31, 2019 - Star Navigation Announces Reorganization

TORONTO, May 31, 2019 (GLOBE NEWSWIRE) -- Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) (OTCQB: SNAVF) ("Star” or the “Company”) announces a reorganization of its management function.

As a result of the reorganization, the duties and responsibilities of the Chief Operating Officer (“COO”) have been reallocated internally. Mr. Michael Homer, P. Eng., formerly COO, has decided to pursue other interests and the Company wishes him well in his future endeavours.

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 Agusta Westland helicopters, as examples.

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

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

viraf.kapadia@star-navigation.com


May 14, 2019 - Star Navigation Announces MEDEVAC Agreement

TORONTO, May 14, 2019 (GLOBE NEWSWIRE) -- Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) (OTCQB: SNAVF) ("Star” or the “Company”) announces that the Company has entered into a long-term agreement with AMS Heli Design (“AMS”) of Denison, Texas. (www.amsheli.com)
 
AMS is a Helicopter EMS Interior provider, specializing in Air Ambulance configuration through the use of new lightweight materials and new generation technologies.
 
As a result of this agreement, the parties are now offering the STAR-ISAMM™ System as part of the Helicopter Emergency Medical Services (“HEMS”) configuration. STAR-ISAMM™ interfaces with existing bio-medical equipment aboard a medical evacuation and transport helicopter or airplane. It securely transmits the patients’ vital signs and other critical information directly to receiving hospital physicians through SATCOM or GSM, while at the same time providing tracking and location of the vehicle. These data services allow early patient assessment and initiation of the best possible care plan, well before the patient arrives at the facility.
 
The STAR-ISAMM™ System was first successfully presented live in Montreal at the end of 2018, to the private sector and to government bodies. It will be fitted into an integrated EMS kit by AMS and sold initially to the USA and Canada by AMS, leveraging on its expertise in helicopters and established presence and from 2020 in all world regions.
 
The STAR-ISAMM™ System is the result of the combined efforts of both the Company’s’ internal R&D department and those of its Montreal subsidiary, STAR-ISONEO INC. and is an innovative application of the Company’s patented STAR-ISMS® technology.
 
Andrea Girolin, CEO at AMS said:
“Our vision is to support customers with EMS interiors meeting their operational requirements using new technologies and materials, being light weight, solid, safe and durable.”
 
J-L Larmor, VP Corporate Development at Star, said:
 
“Star has now a unique and leading position in the HEMS sector, being able to not only provide Airborne Data Services to the aerospace industry but expanding our breadth to serve the EMS sector by providing medical data services. Both AMS and Star are excited about being world leaders in providing the best health care for EMS patients.”
 
About AMS Heli Design:
AMS Heli Design is a premier aviation engineering development and EMS interior certification company, based in North Texas Regional Airport (KGYI). Current projects under certification include new lightweight modular interiors for Leonardo AW169 and for the AW109 Trekker. Andrea Girolin, CEO (903) 419 2034 ,Andrea.girolin@amsheli.com
 
About Star Navigation:
Star Navigation Systems Group Ltd. owns the exclusive worldwide license to its proprietary, patented Inflight 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 Agusta Westland helicopters, as examples.
 
Stars’ subsidiary, Star-Isoneo Inc. is a specialised software firm, developing complex solutions in engineering, simulation and development for Canadian customers. Star-Isoneo works closely with Star in the development of the Company’s MEDEVAC (STAR-ISAMM™ and STAR- LSAMM™) applications of the patented STAR-A.D.S. ® technology, and on its current R&D program with Bombardier.
 
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
Michael Homer, COO (416) 252-2889 Ext. 242
michael.homer@star-navigation.com



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