Talon Resources Targets Ontario Gold Growth After AIM Move and Eagle Lake Acquisition, CEO Says.Watch here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAVN.L Regulatory News (AVN)

  • There is currently no data for AVN

Contract win

12 Jun 2009 07:00

RNS Number : 7740T
Avanti Communications Group Plc
12 June 2009
 



Date: 12 June 2009

On behalf of: Avanti Communications Group plc ("Avanti" or "the Company")

Embargoed until: 0700hrs

Avanti Communications Group plc

Contract Win

Avanti Communications Group plc (AIM: AVN), the broadband satellite operator, has been awarded new projects funded by the European Space Agency (ESA)

Avanti is participating in a study which will define a European Data Relay Satellite (EDRS) system. EDRS will provide communications services to future low earth orbiting earth observation satellites and unmanned aerial vehicles. The system will allow continuous reception of data by users on the ground. Currently most low earth orbit satellites transmit data when they pass over fixed ground stations - meaning communications are intermittent and non-real time. Avanti will investigate the accommodation of ESA funded EDRS payloads as a "piggyback" to one of its future satellites for one of the potential EDRS Operators, Telespazio of Rome.

Avanti is also participating in a separate ESA funded project with Global Invacom Ltd, which aims to develop an integrated Ka-band terminal to be used with HylasOne. The terminal will be used for the provision of satellite broadband services to the many millions of users in rural parts of Europe who are unable to access decent broadband connectivity.

David Williams, Chief Executive of Avanti, said:

"I am pleased to announce further collaboration with ESA.  These projects help us to drive forward applications for our capacity and make our technology more efficient. Given the importance now placed on satellite broadband in the Digital Britain plan it is very useful to have strong support from ESA in enhancing technology and business models further."

Enquiries to:

Avanti Communications Group plc

http://www.avanti-communications.com/

David Williams/ Nigel Fox 

020 7749 1600

Redleaf Communications Ltd

avanti@redleafpr.com 

Samantha Robbins/ Paul Dulieu

020 7566 6700 

Cenkos Securities

Ivonne Cantu/ Julian Morse

 020 7678 8000

Notes to Editors:

About Avanti Communications

Avanti sells satellite broadband services to telecoms companies which use them to supply homes and businesses. Avanti's first satellite, called Hylas is under construction and will be the first superfast broadband satellite launched in Europe. The market for satellite broadband products in Europe is estimated by the EU at more than 24 million. Avanti currently provides satellite broadband services to customers in Europe using leased satellite capacity which it will transfer to Hylas on launch. The European Commission has set aside funding for rural broadband projects in 79 regions across Europe with a total value of €2.8 billion over the next five years.

About ESA

The European Space Agency's purpose is to provide for, and to promote, for exclusively peaceful purposes, cooperation among European States in space research and technology and their space applications, with a view to their being used for scientific purposes and for operational space applications systems:

by elaborating and implementing a long-term European space policy, by recommending space objectives to the Member States, and by concerting the policies of the Member States with respect to other national and international organisations and institutions; 

by elaborating and implementing activities and programmes in the space field; 

by coordinating the European space programme and national programmes, and by integrating the latter progressively and as completely as possible into the European space programme, in particular as regards the development of applications satellites; 

by elaborating and implementing the industrial policy appropriate to its programme and by recommending a coherent industrial policy to the Member States. 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
CNTFBMATMMMBBLL
Date   Source Headline
12th Jun 201812:07 pmRNSSecond Price Monitoring Extn
12th Jun 201812:02 pmRNSPrice Monitoring Extension
11th Jun 201812:07 pmRNSSecond Price Monitoring Extn
11th Jun 201812:02 pmRNSPrice Monitoring Extension
7th Jun 201812:07 pmRNSSecond Price Monitoring Extn
7th Jun 201812:02 pmRNSPrice Monitoring Extension
7th Jun 20187:00 amRNSFinal Award in Arbitration Proceedings
30th May 20189:30 amRNSQuarter 3 trading update
2nd May 20187:00 amRNSHolding(s) in Company
30th Apr 20187:00 amRNSDirector/PDMR Shareholding
27th Apr 20184:35 pmRNSPrice Monitoring Extension
27th Apr 201810:42 amRNSAnnouncement of Delisting
27th Apr 20187:00 amRNSResults of Open Offer
26th Apr 20181:36 pmRNSRestructuring Effective Date has occurred
25th Apr 201812:14 pmRNSResults of General Meeting
19th Apr 20189:00 amRNSHYLAS 4 reaches geostationary orbital position
17th Apr 20184:35 pmRNSPrice Monitoring Extension
13th Apr 20184:31 pmRNSHolding(s) in Company
10th Apr 20187:00 amRNSCorrection of Record Date for General Meeting
9th Apr 20182:16 pmRNSClarification on Potential Director Holdings
9th Apr 20188:25 amRNSProposed Restructuring, Open Offer & Notice of GM
6th Apr 20189:30 amRNSNotice to Holders
6th Apr 20187:00 amRNSSuccessful Launch of HYLAS 4
26th Mar 20184:17 pmRNSCourt Sanction Scheme of Arrangement
20th Mar 20185:17 pmRNSUpdate on HYLAS 4
20th Mar 201812:30 pmRNSApproval of Creditors received at Scheme Meeting
16th Mar 20181:03 pmRNSResults of General Meeting
16th Mar 20188:30 amRNSUpdate on HYLAS 4
1st Mar 20184:30 pmRNSHalf-year Report
1st Mar 20182:47 pmRNSNotice of General Meeting
26th Feb 20185:48 pmRNSDirector/PDMR Shareholding
19th Feb 20184:38 pmRNSCourt order to convene a meeting of holders
8th Feb 20182:00 pmRNSSuccessful Consent Solicitations
2nd Feb 20187:00 amRNSDirectorate Change
30th Jan 20187:00 amRNSQ1 Trading Update
25th Jan 20185:57 pmRNSLaunch of Consent Solicitations and Outlook Update
27th Dec 20171:30 pmRNSFinal Results
14th Dec 20174:35 pmRNSPrice Monitoring Extension
13th Dec 20171:34 pmRNSResult of AGM
13th Dec 20177:00 amRNSAnnouncement of Proposed Restructuring
20th Nov 201711:16 amRNSNotice of AGM
9th Nov 20174:35 pmRNSPrice Monitoring Extension
6th Nov 20174:40 pmRNSSecond Price Monitoring Extn
6th Nov 20174:35 pmRNSPrice Monitoring Extension
30th Oct 20174:40 pmRNSSecond Price Monitoring Extn
30th Oct 20174:35 pmRNSPrice Monitoring Extension
17th Oct 20174:40 pmRNSSecond Price Monitoring Extn
17th Oct 20174:35 pmRNSPrice Monitoring Extension
12th Sep 201712:29 pmRNSDirectorate Change
4th Sep 20177:00 amRNSDirectorate Change

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.