John Beveridge reports on satellite company NewSat and its market capitalisation, which has more than tripled this year.

Beveridge discusses NewSat’s recently announced satellite manufacturer Lockheed Martin, the scheduled launch with Arianespace in 2014, the US$346 million in customer contracts and recent 1 for 50 share consolidation. In addition, Beveridge comments on NewSat’s ASX 200 potential, it “will gain a lot more altitude because NewSat has many more company transforming events to come”.

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