Avanti Communications Share Discussion Threads

[yorgi] 11/7/2012 09:20

I have to say I'm very surprised at the lack of response from what is clearly a good RNS confirming what we have all be waiting for and the optimistic amongst us expected.

[2350220] 11/7/2012 08:43

Here's the Trading Update from the Stock Exchange website ;

Year-end trading update

London - 11 July 2012. Avanti Communications Group plc (AIM: AVN, "Avanti" or "the Company"), the satellite operator, has published today a trading update for the year ended 30 June 2012.

Total revenues and operating income for the 12 months to 30 June 2012 are expected to be £17.8m (2011: £6.1m.)

Avanti has increased its Backlog (i.e. binding contracts for the sale of capacity in future periods) to £246m, an increase of £33m since Avanti last reported Backlog as at the end of April, 2012. The pipeline of potential sales stands at £502m.

Avanti estimates that it needs to add approximately £11m per month to its Backlog in order to meet its objectives of selling all the capacity of HYLAS 1 and HYLAS 2 within three and four years of service launch, respectively. In the eight months since Avanti established this KPI, it has exceeded this target.

The Company's second satellite, HYLAS 2, has completed its testing and has been successfully shipped to French Guiana prior to its launch on 2 August 2012 at approximately 9.50pm, UK time. (

HYLAS 2, which has almost three times the bandwidth capacity of HYLAS 1, will substantially increase the Company's international coverage. It will provide high speed data capacity to a growing range of telecoms, enterprise and government customers in fast growing markets in Eastern and Southern Africa, the Middle East and across the Caucasus. 80% of Avanti's total fleet capacity will address emerging markets.

Yesterday, at the Farnborough Air Show, Avanti performed a signing ceremony with the European Space Agency to mark the commencement of the HYLAS 3 project.

David Williams, Chief Executive, commented:

"We have maintained our sales momentum and remain on course to fill the capacity of both HYLAS 1 and HYLAS 2 by the target dates in 2014 and 2016.

"Demand in the fast growing economies across Africa and the Middle East is as strong as anticipated and therefore the launch of HYLAS 2 is very timely."

[2350220] 11/7/2012 08:36

I don't want to worry anyone, but isn't MDA a terrible
hallucinogenic drug?

John

[yorgi] 11/7/2012 08:27

Since you said it first Geheimnis...... I agree, there is a very good chance now........dare I say more :-)

[geheimnis2] 11/7/2012 08:25

nice TU

hopefully we should break £4 this week

[yorgi] 11/7/2012 08:17

I see this gathering pace today as the RNS is read by more as you say Roger excellent :-)

[rogerbridge] 11/7/2012 08:14

Excelent rns, trading ahead of plans.SIPP looking good.

[philo124] 11/7/2012 07:56

I am looking for 448p in the short term, 30% from where we are now.

[yorgi] 11/7/2012 07:24

I think there is more than enough in that RNS to see us through 400p quite easily Philo and it should also put the doubters to bed for a while.

[ttnyw] 11/7/2012 07:19

Fly me to the moon
Let me swing among those stars!!

[philo124] 11/7/2012 07:11

Well, that was pretty punchy! Read very positively with some good numbers,
i think we might rise on this towards the next step of breaking 420p.

[yorgi] 11/7/2012 07:06

We also have a great RNS this morning..........so up up and away today I would say :-)

Trading on ahead of target :-)

[colva] 11/7/2012 03:42

Looks like Avanti have already started work on Hylas3 . Thanks to decomeau over on ii for finding this.


MDA to provide a communications payload for the HYLAS 3 satellite
MDA announced today that it has signed a contract valued at approximately CA$35 million with United Kingdom-based Avanti Communications Group plc to provide a Ka-band broadband communications payload solution for their HYLAS 3 satellite. HYLAS 3 will provide satellite data communications services covering Africa and the Middle East, and is expected to launch in 2015. The award of the HYLAS 3 payload to MDA is another testament to MDA`s leadership position in Ka-band multi-beam solutions.





June 26th announcement is interesting, Space Systems/Loral have had a few problems recently.

----------------------------------.


June 5th announcement.
MDA announced today that it has signed a contract to provide training support to the British Army. The training support will include acquiring video using small Unmanned Aircraft Systems. The video will be transmitted in real-time to soldiers' remote terminals, allowing them to be trained in the tasking of surveillance aircraft and the use of the information collected. The training exercises will be conducted from June to October 2012, with an option for an additional year.

-------------------------------------

The initial training period finishes in October , just after Hylas2 comes into service .

[rogerbridge] 10/7/2012 22:40

Only just switched on this evening. Like others,I would have thought news should have been in an RNS.

[yorgi] 10/7/2012 15:24

Yes on reflection I am as well Geheimnis

[geheimnis2] 10/7/2012 15:22

surprise they didnt rns actually..

[geheimnis2] 10/7/2012 15:16

thanks yorgi - great stuff

i strongly believe we are onto a winner here

well done to all who kept the faith during the dark days

[yorgi] 10/7/2012 15:12

Here you are G2

Avanti's Ka-band satellites available for NATO forces across Europe, Middle East and Africa

London (10 July 2012): Avanti Communications (LSE: AVN), the satellite operator, is pleased to announce the signing of a Basic Ordering Agreement, BOA, with NATO's Communications and Information Agency (NCIA), formerly the NC3A Agency.

The agreement allows NATO Command agencies and NATO Member States to request pricing and place orders using pre-agreed terms and conditions and pricing tables.

NATO has recently acknowledged the importance of Ka-band in its future commercial satellite communications requirements. Ka-band provides extremely cost effective satellite bandwidth to support the higher data throughput requirements of operational and welfare applications for NATO and National deployments. Avanti's areas of coverage include Europe, the Middle East, Eastern and Southern Africa.

Malcolm Green Head of NCIA's Satellite team commented "NATO's recent operational experience has highlighted the critical nature of beyond lines of sight communications. The introduction of Avanti's Ka-band satellite capacity provides a valuable addition to our communication capability options and demonstrates the increasing value of utilising competitively priced, leading-edge commercial Satellite Communications technology to support operations"

David Williams, Chief Executive Officer of Avanti, commented "We are delighted that Avanti has begun the process of providing crucial communications support to NATO forces, particularly as Avanti can help them achieve best value and a technical solution ideally suited for the challenges they face".


Notes to Editors

Media information: Please contact.

College Hill London: [phone] and ask for:
Duncan Mackenzie-Reid, [e-mail]
Jeremy Durrant, [e-mail]
Lottie Whyte, [e-mail]

About NATO NCIA

The new NCI Agency "connects forces, NATO and Nations"- it is NATO's IT and C4ISR provider, including cyber and missile defence. The NCI Agency is a key pillar of NATO Secretary General's Smart Defence and Connected Forces initiatives; supporting NATO operations is our top priority. The Agency is led by Major General (ret.) Koen Gijsbers and is part of the NATO Communications and Information Organization.

The NATO Communications and Information (NCI) Agency was established on 1 July as a result of the merger of the NATO Consultation, Command and Control Agency (NC3A), the NATO ACCS Management Agency (NACMA), the NATO Communication and Information Systems Services Agency (NCSA), the ALTBMD Programme Office and elements of NATO HQ ICTM. The establishment of the Agency is part of a broader NATO reform.

[geheimnis2] 10/7/2012 15:10

can somebody post the NATO story on this board as i cannot view on my browser

many thanks

g2

[2350220] 10/7/2012 15:00

Thanks for this Colva.
Also the info contained in the story above it, is pretty powerful stuff.
"Avanti's Ka-band satellites available for NATO forces across Europe, Middle East and Africa"

One would hope that this is a really powerful endorsment for Avanti, and a shareprice mover . . . at least I would hope so.

John

[yorgi] 10/7/2012 14:50

Thanks for that Colva......confirming we are another step closer.

[colva] 10/7/2012 14:47

Hylas2 has arrived at the spaceport.






and a bit more news today

[martin3042] 10/7/2012 14:44

and here was me thinking everyone had lost their broadband connection. .........now there is a company that can sort that out for you.