[Satellite TODAY 08-20-09] Norsat International Inc. has created a new company division called Norsat Capital that will provide customers and potential clients with the option of leasing or renting Norsat’s equipment, Norsat announced Aug. 19.
    The Canadian satellite and aerospace manufacturer said that its capital structure can now afford to offer more financing options on Norsat products.
   “It is our belief that with the global economic slowdown, the rental/leasing option will enable us to offer such products to more customers. Our products are highly ruggedized with long life expectancies, factors which relate well with the leasing option,” Amiee Chan, president and CEO of Norsat, said in a statement.

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