[1] Australia’s NewSat Ltd has made a request to US bankruptcy court for help in a bid to complete the construction and launch of its next-generation satellite, the Jabiru-1.
[2] It has launched a court effort for an emergency order to prevent the satellite construction contract from being terminated due to financial troubles.
[3] NewSat (NWT) has been placed into a receivership administration in Australia by trustee for lenders, Citicorp International.
[Source] Australian Information Technology News – NewSat asks US court to save satellite deal
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