Avanti Communications Share Discussion Threads

[weatherman] 21/11/2016 19:10

This report shows the commitment the UK government has to grow the space sector. It is what I learnt a number of years ago, and reported here before. Questions remain though to what extent the UK.gov can find a solution, in light of EU competition law, to help AVN over the funding hurdle. But with Brexit will that matter? (and ESA is not part of the EU, even Canada is part of ESA). Will UK.gov allow it to go to the Chinese? Or will they encourage a UK solution? But I am guessing there is help / pressure behind the scenes to advise and secure a deal. We might even see ISAT back to help out ?

This is speculation - do your own research.

[elrico] 21/11/2016 14:48

Neo - don't get suckered into this fraud by Dice/Yorgi, paid rampers for a disgraced PR firm responsible for ramping AERO....another fraud.

[dice1950] 21/11/2016 14:01

Space fund to capitalise on UK expertise as it targets new technologies

Alan Tovey, industry editor
21 NOVEMBER 2016 • 1:26PM
Google Earth’s founder is joining a Government-backed investment fund aimed at developing new space technologies while they are still in their infancy.

Michael Jones, who launched the mapping application, will help steer Seraphim Capital’s fund, which will invest in early-stage technology companies anywhere in the world.

Seraphim is billing the scheme as the largest ever space venture fund, and it plans to raise £80m to sink into new companies by the summer.

Investors in the fund so far include the British Business Bank, which has put in £30m in a show of confidence as the UK tries to more than triple the size of its space industry to £40bn.

satellite
People are increasingly reliant on data produced by satellites
Companies that the fund is particularly interested in are those that use data from satellites in new applications. Examples of this include “connected” cars, which can make transport more efficient, or tools to make agriculture more productive by monitoring crops from space.

Mark Boggett, chief executive of Seraphim, said: “As satellites get smaller, smarter and less expensive to launch, our reliance on them is growing. Many emerging technologies – from drones and autonomous vehicles to the Internet of Things – are underpinned by digital data from satellites.”

He added that the average British citizen uses satellite data 30 times a day through applications such as maps, though they are unlikely to be aware of it. The explosion in new data-driven technology means that Mr Boggett expects this figure to rise to 3,000 times by the end of the decade.

“Just as low-cost personal computing in the Nineties and the internet in the Noughties acted as a catalyst for waves of new technology innovations, the evidence is that low-cost access to space will come to define the decade ahead.”

Surrey Satellite Technology is a world leader in the field of space vehicles
Surrey Satellite Technology is a world leader in the field of space vehicles CREDIT: SSTL
Further funding for companies or new entrants to the satellite sector could cement the UK's position as a leading player the industry.

The fund will also look at space-related software and hardware, as well as systems that could be used in space such as artificial intelligence, robotics, and new materials.

To help access new companies with promising technology, Seraphim has formed a strategic partnership with the European Space Agency, and in the UK will be supported by the Satellite Applications Catapult.

Greg Clark, the business minister, said building on the UK’s strength in satellites was “crucial” to the industrial strategy being developed for the country, especially if the target of increasing the size of Britain’s space sector from the current £12bn a year to £40bn by 2030 is to be achieved.

[neo26] 21/11/2016 13:19

dice

whats going on here, am I reading this right "Inmarsat bid five times Avanti Comms' market cap" in aug.

So why not still taken over, whats going on?

[dice1950] 21/11/2016 12:18

FT pick for today Avanti Communications (AVN)
21st November 2016

The first venture capital fund dedicated to commercialising space has won the backing of the UK government with a £50m investment pledge from the British Business Bank.

[dice1950] 21/11/2016 12:18

FT pick for today Avanti Communications (AVN)
21st November 2016

The first venture capital fund dedicated to commercialising space has won the backing of the UK government with a £50m investment pledge from the British Business Bank.

[dice1950] 21/11/2016 09:22

Moving north on every buy

[dice1950] 21/11/2016 08:43

FT UK space fund set to boost rocketing sector
20th November 2016

[dice1950] 21/11/2016 08:43

FT UK space fund set to boost rocketing sector
20th November 2016

[dice1950] 20/11/2016 21:01

Avanti (AVN)finally arrive in France as of 1 December 2016 and will be distributed in the territory by Scan.



Avanti has finally arrived in France in December with Scan

19.11.2016
The internet access solution by satellite operator Avanti finally arrive in France as of 1 December 2016 and will be distributed in the territory by Scan.

With speeds theoretically can reach 30 Mb / s, these new offers will be the fastest satellite Internet market. Subscription rates start at 23 euros per month for a volume data exchange 10GB and up to 84 euros for 100 GB. Professional offers will also be available with volumes of 250 GB per month.





This is the satellite Hylas 2 Avanti will be used to provide the service. The France is not fully covered by Hylas 2, only 30% to 35% of the territory can be covered. This will include departments of a large tier of the East of France. The antenna supplied with the receiver kit will be more or less depending on the location of the subscriber (80 to 98 cm depending on the location in order to reach the promised quality of service).

The deals offered by Scan could well be of interest to aerial installers who install collective solutions. Indeed, Scan offers called "NUMERICoax" solution, which allows serving a collective dwelling broadband in the white areas using the existing antenna on the building, without rewiring because using wiring already present.

Offers Scan to be officially available as of December 1, 2016. We'll talk before then with the complete list of proposed formulas and rates for individuals and professionals.

[weatherman] 19/11/2016 20:18

JN - the past is no indicator of the future. I quoted a forward looking statement for 2016/17, and you offer evidence from 2014/15. Over 5 years continuing turnover has gone from about £11m to £83m. You can compound that forward if you want and see a CAGR close to 50%. Keep-up !

[weatherman] 19/11/2016 20:05

Elrico - the CEO is an expert in bonds, and was perhaps naïve in thinking the level of debt was safe. He perhaps underestimated just how ruthless shorters can be in destroying honest value. He should have raised more finance through stock, to keep the cynical shorters at bay.

I prefer to invest in growth and value - hence you will forgive me for boasting about Avesco stock going from 100p to 650p in a couple of years.


As for accounts, some of us bothered to read the accounts and knew what the figures represented. But you keep picking up on simplistic headlines.

[elrico] 19/11/2016 19:45

weatherman - Sorry fella, but I beg to differ. You have beat the drum of "growth" and "bid" and all manner of rampstatic comments. I can give you rope by allowing errors or mistakes in understanding the accounts. However, when people like me and Jaknife point out errors or cooked figures you hurl bricks at the greenhouse. You have failed to notice the greenhouse has bullet-proof glazing and sooner or later the brick is going to bounce back and hit you square on your fod. You also make the mistake that everyone shorting AVN is in cahoots with TW with the sole aim of destroying companies. It is a foolish mistake people like you often make. Bears usually pay particular attention to accounts and historical noise coming from the BOD not bloggers. It just so happens TW also called this one a 0. I don't believe he was the first to state AVN was a fraud...the Welsh bombast practically nailed this himself in a nation paper, no less.

I have previously stated AVN has missed its own targets 5 years running and I was being generous. Thus far, non of the bulls have corrected me with any data. Had any of you done so I would have revisited and stood corrected IF I were wrong. AVN have spun/cooked FIGURES which any sane person would realized they have been lied to for 5 years....almost 6 now.

Bears do not destroy companies, BOD do this by not running the company properly. If the company was run properly it would not be drowning in debt and in a situation where bond holders will take control. It is true bear raids when called correct may force cash calls at a lower end...really?

[weatherman] 19/11/2016 09:26

Elrico - I try and post accurate data, unlike the derampers who peddle lies to make a profit. The 5 year data shows strong growth, even though slower than forecast. TW and friends seek to destroy a potentially good UK business to make a quick buck.

[chriscallen] 19/11/2016 08:31

I've noticed on another site that the closing Ask price yesterday was 37p and this is confirmed by the Daily Telegraph site too. Any thoughts?

[elrico] 18/11/2016 20:16

Why do you expect a company that has missed EVERY target it has set over the past 5 years to suddenly make a material difference against a backdrop of falling margins and an ever growing debt mountain? You are being irresponsible by attempting to sucker those more foolish than you into this fraud. The trap door is under the Christmas tree!