Brampton, Ontario–(Newsfile Corp. – November 17, 2022) – Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) (“Star” or the “Company”) in Partnership with Aviation Investigation Bureau (“AIB”) of Ghana, together hosted the 1st Annual West African Aviation Accident Prevention and Airline Performance Optimization Conference.
Among the over seventy people in attendance at the Conference, a few notable highlights included high ranking Government Officials such as the Director General of the Ghana Civil Aviation Authority (“GCAA”), the Commissioner of the Accident Investigation Board (“AIB”) of Ghana, Officers of the Ghana Air Force, Navy and Ghana Police Department. Also in attendance were members of the Canadian Embassy, Executives of the Ghana Oil & Gas Industry and South Africa’s Chemicals Shipping Industry.
The conference was opened by remarks from the Director General of the GCAA and the Commissioner of the AIB, Mr. Akwasi Prempeh followed by a Star and FlightPath International (“FPI”) presentation of the STAR-ISMS® Technology.
The primary focus of AIB is for the prevention of aircraft accidental incidents in Ghana with a motto of “Improving Aviation Safety”. The introduction of the Star technology helps Ghana to modernize and leverage data analysis technology to move away from a reactive methodology towards Proactive Monitoring and Investigation. Safety is a core value and no country wants to compromise on the lives of its citizens. This conference was very well received by the Government of Ghana and provided an excellent opportunity for Star to market its technology.
The Scope of the presentation by Star/FPI covered the following topics:
Aircraft Data Sciences Analytics and Artificial Intelligence
Real-Time Aircraft and Cockpit Health Monitoring – from Power ON to Power OFF
Real-Time Satcom Alerts and Exceedance transmission from the “Digital Flight Data Recorder” (DFDR) or “Blackbox” to meet the Global Airborne Distress Safety Systems (“GADSS”) International Civil Aviation Organization (“ICAO”) requirements
Recognition of Aircraft System Status with early Safety Preventive Actions
Integration of Systems from Basic Aircraft to Airline Operations
Capt. Jonathan Kordich, Executive VP of Sales for Star stated: The Conference was very well attended with extensive News Media coverage. Numerous meetings are scheduled with the above-mentioned Departments and Operators within the next few days.
Commissioner Akwasi A. Prempeh of the AIB stated: This conference is a chance for us to revolutionize our traditional investigation and prevention techniques to a more modern technological approach that will ultimately alter the practice of “Aircraft safety from a Reactive enterprise to a more Pro-active Endeavour”. This will allow aircraft investigation agencies to be more efficient and accurate in finding the contributing and casual factors to an aircraft mishap. The technology Star Navigation has introduced to us today is a great step forward for now and the future of Aviation.
About Star Navigation Systems www.star-navigation.com
Star Navigation Systems Group Ltd. manufactures the In-flight Safety Monitoring System, STAR-ISMS®, the heart of the STAR-A.D.S.® System. The STAR-A.D.S.® System has real-time capability of tracking, performance trends and predicting incident-occurrences which enhances aviation safety and improves fleet management while reducing costs for the operator. Star’s MMI Division (Military and Defence) designs and manufactures high performance, mission critical, flight deck flat panel displays for defence and commercial aviation industries worldwide.
About AIB Ghana www.aibghana.gov.gh/
The Aircraft Accident and Incident Investigation and Prevention Bureau (“AIB”) was established to investigate, prevent, regulate and oversee the management of aircraft accidents and incidents that occur in Ghana through the Aircraft Accident and Incident Investigation and Prevention Bureau Act, 2020 (Act 1028) which was passed by parliament and assented to by the President on October 6, 2020.
AIB Ghana was established as an institution to conduct investigation into aircraft accidents and incidents in accordance with the ICAO Standards and Recommended Practices.
Their Mission is “To apply state-of-the-art methodology in aircraft accidents and incidents investigation that provides reports and recommendations for the prevention of future occurrence of accidents and incidents to attain high level aviation safety”.
Forward-Looking Information
Certain statements in this news release may constitute “forward-looking statements”. Forward-looking statements are statements that address or discuss activities, events or developments that Star expects or anticipates may occur in the future. When used in this news release, words such as “estimates”, “expects”, “plans”, “anticipates”, “projects”, “will”, “believes”, “intends” “should”, “could”, “may” and other similar terminology are intended to identify such forward-looking statements.
Forward-looking statements reflect the current expectations and beliefs of Star’s management. Because forward-looking statements involve known and unknown risks, uncertainties and other factors, actual results, performance or achievements of Star or the industry may be materially different from those implied by such forward-looking statements.
Examples of such forward-looking information that may be contained in this news release include statements regarding; growth and future prospects of our business; our perceptions of the industry and markets in which we operate and anticipated trends in such markets; expectations regarding the operation of our app; and our future revenues.
Material factors or assumptions that were applied in drawing a conclusion or making an estimate set out in the forward-looking statements may include, but are not limited to, our ability to execute on our business plan, increase visibility amongst consumers and convert users to revenue producing subscribers and the success of the business of our partners.
Forward-looking statements involve significant uncertainties, should not be read as a guarantee of future performance or results, and will not necessarily be an accurate indication of whether or not such results will be achieved.
The risks posed by the COVID-19 pandemic to the airline industry are real and substantial but cannot be defined or measured in any meaningful way at this time.
Should one or more of these factors or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.
Accordingly, readers should exercise caution in relying upon forward-looking statements and Star undertakes no obligation to publicly revise them to reflect subsequent events or circumstances, except as required by law.
NEITHER CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE CANADIAN SECURITIES EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Please visit www.star-navigation.com or contact
Capt. Jonathan Kordich, Executive Vice President of Sales – 1-705-434-0058
jonathan@flightpathinternational.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/144627
Related Quotes
The head of an influential aircraft lessor expects more airline consolidation in Europe, naming Scandinavia’s SAS, Italy’s ITA, and TAP Air Portugal as possible takeover candidates. “Those are the main targets,” said Air Lease Corporation’s Steven Udvar-Házy on Wednesday at the Skift Aviation Forum in Dallas. Udvar-Házy is often called the founder of the aircraft […]
New hires are taking longer to get up to speed than workers who departed the manufacturers in recent years, adding another factor to slower output increases.
Kansas City International Airport's new single terminal already is landing a new airline and more nonstop service to a popular summer travel destination.
(Bloomberg) — New York City cab riders will see a 23% increase in metered fares, the first hike since 2012, following a Tuesday vote from the city’s Taxi and Limousine Commission. Most Read from BloombergUkraine Latest: Biden Says Missile Likely Not Fired From RussiaPoland Says Russian-Made Missile Hit Territory and Killed Two PeopleTrump Makes His 2024 Run Official, Defies Calls to Move OnMusk Steps Up Purge of Twitter Engineers Who Criticize HimBiden Says Unlikely Rocket That Hit Poland Was F
The airline will be the first to launch new service at the Kansas City International Airport terminal set to open next spring.
(Bloomberg) — Former FTX CEO Sam Bankman-Fried said in a tweet that he made a mistake on the cryptocurrency exchange’s leverage levels. It was $13 billion, not about $5 billion. Most Read from BloombergXi Looks Away From Putin Toward West in World Stage ReturnGOP Retakes US House by Slim Margin in Washington Power ShiftUkraine Latest: Biden Says Missile Likely Not Fired From RussiaTrump Makes His 2024 Run Official, Defies Calls to Move OnPoland Says Russian-Made Missile Hit Territory and Killed
(Bloomberg) — Venture capital firm iGlobe Partners is raising a new $200 million fund to back deep technology startups, betting that firms delving into cutting-edge science will fare well despite a global technology investment drought.Most Read from BloombergXi Looks Away From Putin Toward West in World Stage ReturnGOP Retakes US House by Slim Margin in Washington Power ShiftElizabeth Holmes Says US Is Wrong to Suggest She Marry Her Partner to Pay DebtsXi Confronts Trudeau Over Media Leaks in H
Accumulating evidence that prices are slowing, alongside signs of stretched consumer finances and even the recent layoffs in the technology sector, may bolster faith the U.S. economy can escape the current surge of inflation without a major downturn. Fed officials emphasized this week they intend to keep raising interest rates for now, though perhaps at a slower pace, until it is clear the recent turn lower in inflation becomes a trend and broadens throughout the array of goods and services. But after more than a year of being surprised by higher-than-expected inflation, pressure may now be building in the other direction – allowing the Fed to move less aggressively with any further rate increases.
Crypto exchange FTX filed for bankruptcy Friday, leaving users’ funds stuck on the platform.
An increasing number of $100K+ income households are shopping at Walmart (WMT), giving a clear indication of a sign of the times.
Genesis Global Trading, one of the largest crypto lenders and institutions, announced on November 16 that they would "temporarily suspend redemptions and new loan originations in the lending business."
Should investors be excited or worried when a stock's 50 -day simple moving average crosses above the 200-day simple moving average?
Is Novavax stock a buy after the Covid vaccine maker handily beat third-quarter sales estimates? Is NVAX stock a buy right now?
Style Box ETF report for IJK
The 86-year-old investing legend has spoken. You may want to pay attention.
A federal jury in Texas said Intel Corp (NASDAQ: INTC) must pay VLSI Technology LLC $948.8 million for violating a VLSI patent for computer chips. VLSI, a patent-holding company, is affiliated with the Softbank Group Corp (OTC: SFTBF) (OTC: SFTBY)-owned private equity firm Fortress Investment Group. VLSI argued during the six-day trial that Intel's Cascade Lake and Skylake microprocessors infringed its patent covering improvements to data processing. Also Read: Intel Raises $861M From Its Self-D
Sector ETF report for ITA
U.S. stocks close lower Wednesday following a big profit miss at Target and as strong retail sales put focus back on the Federal Reserve's likely pace of rate hikes.
Style Box ETF report for DLN
Kimberly-Clark is a gold star among dividend payers. The stock currently yields 3.6% on an annualized basis.