Investor Relations
Company Overview
Sanswire Corporation (OTCBB:SNSR)Sanswire is undergoing a transformation under the new leadership of Chairman Michael K Clark and CEO Glenn Estrella both formally of JPMorgan. Sanswire has recently completed a sale of its SkySat UAV for up to $ 1 million in Q2 2010 to a US defense contractor and is currently working on preparing the STS-111 for continued flight testing. Under the new leadership Sanswire will focus on expanding relationships with partners and preparing the company for growth. The US government will be spending more than $17 billion in the next 4 years on various types of unmanned aerial vehicles including airships which Sanswire builds. Private industry is looking to the high altitude (65,000 ft) Sanswire airships to deliver telecom, broadcasting and emergency response services to vast regions because it costs significantly less than satellites and terrestrial lines. Sanswire Stratellites deliver telecom, broadcasting and emergency response services to the entire footprint of a region, and has the added bonus of being the lowest cost solution for such services, compared to satellites and terrestrial lines. Sanswire Stratellites eliminate issues associated with tower placement, dead zones, the environment or bureaucratic impediments. Signal strength is superior to ground based systems. Better line of sight and fewer obstacles improve signal quality to the end user device. Sanswire Stratellites can offer more advanced services. Incumbent telephone and cable companies are struggling to extend the life of their landline infrastructure with digital subscriber lines and cable modem services. Eventually they will reach their capacity. The future of landlines is uncertain as more and more people substitute mobile and wireless services for ones once exclusive to landlines. Much of Sanswire's Stratellite™ High Altitude Airship development is dire Useful LinksShare Statistics
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Company InformationSanswire Corporation Symbol: SNSR (OTCBB) Investor Relations ContactThe Investor Relations Group Management TeamChairman of the Board CEO/CFO |