Star Navigation Updates R&D
May 29 2017 - 4:00PM
Star Navigation Systems Group Ltd. (CSE:SNA) (CSE:SNA.CN)
(OTCBB:SNAVF) ("Star" or the "Company"), is pleased to provide
a further update on its STAR- A.D.S. ® research and development
activities.
Star Navigation is proud to announce its participation with the
Consortium for Aerospace Research and Innovation in Canada (CARIC -
http://caric.aero), in a collaborative research project dealing
with high-altitude environmental studies, including the effects on
aircraft platforms and crews. Star Navigation’s expertise, related
to the on-board STAR- A.D.S. ® System, is key to this projects’
success.
This project, funded by CARIC, and including several other
industrial partners, universities and subject-matter experts, will
take place over 2017 and 2018. Its results will connect with and
feed other downstream European and Canadian studies.
Star Navigation is delighted to have been selected, and will
provide a STAR- A.D.S. ® System and support during the
program, demonstrating the versatility of the its on-board system,
which will be connected to avionics equipment and specific
stand-alone sensors and instruments.
About CARIC
The Consortium for Aerospace Research and Innovation in Canada
(CARIC) is a non-profit organization that was created in 2014 with
the federal government’s financial support. CARIC’s Mission is to
generate and foster dialogue and collaboration between players in
the aerospace industry; and to provide financial support to launch
Industry led R&D projects in partnership with these players,
providing concierge services to maximize funding leverage for
industry. CARIC extends to Aerospace, Defence and Space
sectors.
For Information about CARIC
Flavie CoteDirector of CommunicationsFlavie.cote@caric.aero
About Star Navigation:
Star Navigation Systems Group Ltd. owns the exclusive worldwide
license to its proprietary, patented In-flight Safety Monitoring
System, STAR-ISMS®, the heart of the STAR-A.D.S. ® System. Its
real-time capability of tracking performance trends and predicting
incident-occurrence enhances aviation safety and improves fleet
management while reducing costs for the operator.
Star’s MMI Division designs and manufactures high performance,
mission critical, flight deck flat panel displays for defence and
commercial aviation industries worldwide.
Certain statements contained in this News Release constitute
forward-looking statements. When used in this document, the words
“may”, “would”, “could”, “will”, “expected” and similar
expressions, as they relate to Star or its management are intended
to identify forward-looking statements. Such statements reflect
Star’s current views with respect to future events and are subject
to certain risks, uncertainties and assumptions. Many factors could
cause Star’s actual performance or achievements to vary from those
described herein. 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. Star does not assume
any obligation to update these forward-looking statements, except
as required by law.
Neither the Canadian Securities Exchange nor its Market
Regulator (as that term is defined in the policies of the Canadian
Securities Exchange) accepts responsibility for the adequacy or
accuracy of the content of this release.
Please visit
www.star-navigation.com or
Jean-Louis Larmor, (416) 252-2889 Ext.
221Jean-louis.larmor@star-navigation.com
Gold Feather Marketing GroupAttn.: Anahadjeet
Garewal (647) 409-3434info@goldfeathermarketing.com
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