In the satellite space, NEXION Group is one of only a couple of stocks on the ASX with a slice of the pie
Nexion Group (ASX:NNG), delivers data across fibre, satellite and wireless networks and in FY22, added LEO satellite capability to its network using the new Starlink system.
It’s NEXSAT product combines LEO and geostationary (GEO) satellite services with 4G, security and Hybrid Cloud integration to deliver a step-change in price and performance for remote communications.
In the September quarter Nexion said its satellite division had experienced significant customer expansion of LEO and GEO satellite services into the Northern Territory, the Murchison, Mt Magnet, and Gascoyne regions in Western Australia.
