Jan 13, 2016 - Star Navigation Announces Agreement with ISONEO
TORONTO, ONTARIO--(Marketwired - Jan. 13, 2016) - Star Navigation Systems Group Ltd. (TSX VENTURE:SNA) (OTCBB:SNAVF) ("STAR" or the "Company"), and Solutions Isoneo Inc. (ISONEO), a subsidiary of Artal Group in France, are pleased to announce their agreement to cooperate on multiple aerospace projects.
STAR will provide its expertise in real-time on-board systems monitoring and tracking. ISONEO will bring its expertise in complex sensors interfacing, information integration, and its Group expertise in avionics integration environment at aircraft manufacturer and OEM levels.
The intent is to provide a multi-purpose real time data gathering and analysis solution for all aerospace applications from research projects to flight tests, and new commercial application insertion.
The companies have started integrating various medical, bio monitoring and environmental detection sensors with the STAR-A.D.S. ® platform and its ground-services capabilities. The first applications are expected to reach the market by Fall 2016.
Jan 11, 2016 - Star Navigation Supports U.N. Climate Conference on Green-House Gas Reductions
TORONTO, ONTARIO--(Marketwired - Jan. 11, 2016) - Star Navigation Systems Group Ltd. (TSX VENTURE:SNA) (OTCBB:SNAVF) ("Star" or the "Company") is pleased to announce that during the 21st Session of the Conference of the Parties to the UN Framework Convention on Climate Change (COP21), world leaders hammered out an agreement aimed at stabilizing the climate and avoiding the worst impacts of climate change.
The recent COP21 agreement has set the course for worldwide efforts to reduce green-house gas emissions. These efforts will be deployed though all nations, all organizations and all industries, including commercial aviation, which today accounts for 2% of global greenhouse gas emissions.
The International Civil Aviation Organization (ICAO), has already been working on carbon reduction programs for its member states, setting goals for the industry and, will soon be unveiling new plans for 2016, including the use of market-purchased carbon offsets for airlines.
The main focus of industry efforts has been on new fuel efficient engines, and on systems that will contribute to less fuel burn for the newest aircraft coming off the production lines.
The Company's STAR-A.D.S. ® system addresses the existing, in-service, fleet of aircraft. The system, is compatible with any of the thousands of commercial aircraft flying today. It continuously monitors all phases of flight and down-loads to the operator all relevant data on fuel burn. Compatible with all existing IT and operations infrastructure, the system requires no major capital investment on the ground.
The STAR-A.D.S. ® data flow gives immediate information on critical systems fuel burn and usage (such as engines and APU), together with operations procedures impacts (from taxiing, climb and cruise, and descent). The system automatically builds a data base that facilitates drill-downs on key parameters and indicators for a viable fuel monitoring and savings program.
Mr. Viraf S. Kapadia, CEO of Star said: ""Star can assist airlines to conserve fuel by allowing real-time access to flight performance data, allowing the operator to constantly monitor fuel levels, comparing them to previous data and helping to avoid no, or light fuel situations. It can also assist initiatives such as tankering reduction. Tankering is a practice whereby additional fuel is carried, even in excess of what is required to divert to alternative airports. Tankering burns approximately 4% of the excess fuel carried. Every pound of fuel saved reduces 3.15 pounds of CO2 emissions into the atmosphere."
Utilizing the STAR-A.D.S. ® system as designed, airlines and operators can significantly save on their fuel budget, and thereby, be sure that they directly and permanently contribute to the global objectives of greenhouse gas emission reduction.
Dec 21, 2015 - Star Navigation Announces Confirmation of Transport Canada Approved Organization Status
TORONTO, ONTARIO--(Marketwired - Dec. 21, 2015) - Star Navigation Systems Group Ltd. (TSX VENTURE:SNA)(OTCBB:SNAVF) ("Star" or the "Company") is pleased to announce that the Company has successfully passed its triennial Transport Canada ("TC") renewal audit, in accordance with Canadian Aviation Regulation 561 ("CAR 561").
Pursuant to the CAR 561 audit, TC has confirmed Star's status as an Approved Organization and its in-house capabilities to design and build avionics equipment for commercial airlines and operators.
Viraf S. Kapadia, Star's CEO said:
"Once again, Star's efficient team and rigorous quality standards have been demonstrated by the results of Transport Canada's audit. As multiple products are now fielded, with solutions to Air, Land and Marine segments, revenues have sharply increased from past year. Star is working towards increased international market capture in both civilian and military areas. "
Nov 9, 2015 - Star Navigation Announces Resignation of Director
TORONTO, ONTARIO--(Marketwired - Nov. 9, 2015) - Star Navigation Systems Group Ltd. (TSX VENTURE:SNA)(OTCBB:SNAVF) ("Star" or the "Company") announces the resignation of Mr. Abdul Mawji as a director of the Company, effective November 7, 2015.
Mr. Mawji joined the Board in November, 2014, bringing to Star his experience in a variety of differing sectors. He was subsequently appointed Chairman of the Audit Committee of the Board.
The Company thanks Mr. Mawji for his service and wishes him well in his future endeavours.
Oct 13, 2015 - Star Navigation Represented at Global Air Traffic Control Conference
TORONTO, ONTARIO--(Marketwired - Oct. 13, 2015) - Star Navigation Systems Group Ltd. (TSX VENTURE:SNA)(OTCBB:SNAVF) ("Star" or the "Company"), is pleased to advise that on 4-8 October 2015, the worldwide air traffic management ("ATM") industry gathered in Dubai, UAE for the ATC Global Exhibition & Conference, with attendees from 115 countries, including Director General's of Civil Aviation from each continent and key industry influencers.
The yearly international event addressed current and future air traffic control challenges and developments, including the need for real-time tracking. It allowed for a unique networking opportunity for air navigation service providers, airports, aircraft operators, regulators and ATM suppliers.
Star's Chinese partner, Chengdu Spaceon Technology Co., Ltd., ("Spaceon") exhibited and promoted the STAR-TTT, a joint product developed by Star and Spaceon, at the Chinese CETC pavilion. STAR-TTT, which includes on-board equipment and an airborne satellite communication terminal, will provide, at low cost:
Voice communication (Talk),
Data transfer (Text) and
Tracking (Track) capabilities.
It complies today with expected ICAO, IATA and ITU recommendations for real time tracking of aircraft in the future.
The STAR-TTT on-board unit has been developed, and is in the process of being certified in Canada in cooperation with Spaceon in China and will address the worldwide market. Full certification is expected by year end.
In this joint product, Star is responsible for the flight data analysis software, while Spaceon is responsible for designing hardware, part of the software development and adaption to local requirements in China.
Guangming Daily, (http://epaper.gmw.cn/gmrb/html/2015-10/08/nw.D110000gmrb_20151008_5-06.htm?div=-1#) an influential Chinese newspaper in the fields of science and technology, education and culture, which has a large number of readers and enjoys high prestige in the state agencies, universities and schools, the armed forces and the intellectual circles, reported on both the ATC Conference and on Star's flagship product, the STAR-A.D.S.™ System. Next year, the ATC Global Exhibition & Conference will gather the worldwide industry in Beijing (China).
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