ORBCOMM’s Partner Kordia Awarded Multi-Year Contract by Australian Maritime Safety Authority
March 10 2017 - 8:30AM
Business Wire
Provides timely satellite AIS data for one
of the largest search and rescue regions in the world
ORBCOMM Inc. (Nasdaq:ORBC), a global provider of
Machine-to-Machine (M2M) and Internet of Things (IoT) solutions,
today announced the award of a multi-year contract with the
Australian Maritime Safety Authority (AMSA) through ORBCOMM’s
partner Kordia Pty Ltd (Kordia). ORBCOMM and Kordia, a leading
provider of mission-critical networks in New Zealand, will provide
satellite Automatic Identification System (AIS) data used for ship
tracking and other maritime navigational and safety efforts to AMSA
for designated regions and specific maritime projects.
The AMSA contract award, which was the result of a competitive
bid among providers of space-based AIS data service, is funded for
two years. Headquartered in Canberra, Australia, AMSA is
responsible for promoting maritime safety of navigation and
protection of the marine environment as well as providing a
national search and rescue service.
“We are pleased to announce the AMSA contract award through our
partner and telecom industry leader Kordia, which further
demonstrates our market leadership in providing the most
comprehensive space-based AIS service,” said Marc Eisenberg,
ORBCOMM’s Chief Executive Officer. “ORBCOMM’s AIS offering provides
the best combination of quality and price available in the market
today, and we look forward to working with our extensive network of
channel partners to build on this momentum and expand our AIS
service with new government and commercial customers
worldwide.”
“Kordia currently already provides the SOLAS (Safety of the Life
at Sea) network – based out of Wellington, New Zealand, and
Canberra, Australia – which is responsible for monitoring around a
quarter of the world’s oceans. The awarding of the AMSA contract,
in partnership with ORBCOMM, further extends our offering in the
maritime space by enabling us to provide timely, reliable and
cost-effective AIS data for one of the largest search and rescue
regions of the world,” said Scott Bartlett, CEO of Kordia Group.
“We look forward to working with AMSA to facilitate maritime
surveillance and intelligence, and in turn ensure safety of life at
sea within the Australian continent and surrounding regions.”
Leveraging the enhanced capabilities of its new, advanced OG2
satellite network, ORBCOMM’s AIS service provides unmatched global
coverage and latency and processes over 23 million messages from
over 180,000 unique vessels per day, which is well ahead of all
other AIS services.
About ORBCOMM Inc.
ORBCOMM Inc. (Nasdaq: ORBC) is a leading global provider of
Machine-to-Machine (M2M) and Internet of Things (IoT) solutions and
the only commercial satellite network dedicated to M2M. ORBCOMM’s
unique combination of global satellite, cellular and dual-mode
network connectivity, hardware, web reporting applications and
software is the M2M industry’s most complete service offering. Our
solutions are designed to remotely track, monitor, and control
fixed and mobile assets in core vertical markets including
transportation & distribution, heavy equipment, industrial
fixed assets, oil & gas, maritime, mining and government. In
addition, ORBCOMM provides Automatic Identification System (AIS)
data services for vessel tracking to improve maritime safety to
government and commercial customers worldwide.
With nearly 20 years of innovation and expertise in M2M, ORBCOMM
has more than 1.72 million subscribers with a diverse customer base
including premier OEMs such as Caterpillar Inc., Doosan Infracore
America, Hitachi Construction Machinery Co., Ltd., John Deere,
Komatsu Ltd., and Volvo Construction Equipment, as well as
end-to-end solutions customers such as C&S Wholesale, Canadian
National Railways, CR England, Hub Group, KLLM Transport Services,
Marten Transport, Swift Transportation, Target, Tropicana, Tyson
Foods, Walmart and Werner Enterprises. For more information, visit
www.orbcomm.com.
Forward-Looking Statements
Certain statements discussed in this press release constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements generally relate to our plans, objectives and
expectations for future events and include statements about our
expectations, beliefs, plans, objectives, intentions, assumptions
and other statements that are not historical facts. Such
forward-looking statements, including those concerning the
Company’s expectations, are subject to known and unknown risks and
uncertainties, which could cause actual results to differ
materially from the results, projected, expected or implied by the
forward-looking statements, some of which are beyond the Company’s
control, that may cause the Company’s actual results, performance
or achievements, or industry results, to be materially different
from any future results, performance or achievements expressed or
implied by such forward-looking statements. In addition, specific
consideration should be given to various factors described in Part
I, Item 1A. “Risk Factors” and Part II, Item 7. “Management’s
Discussion and Analysis of Financial Condition and Results of
Operations,” and elsewhere in our Annual Report on Form 10-K, and
other documents, on file with the Securities and Exchange
Commission. The Company undertakes no obligation to publicly revise
any forward-looking statements or cautionary factors, except as
required by law.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170310005172/en/
For Investors:ORBCOMM Inc.Michelle Ferris,
+1-703-433-6516Director of Corporate
Communicationsferris.michelle@orbcomm.comorFor Trade
Media:ORBCOMM Inc.Sue Rutherford, +1-613-254-5269VP of
Marketingrutherford.sue@orbcomm.com
ORBCOMM (NASDAQ:ORBC)
Historical Stock Chart
From Apr 2024 to May 2024
ORBCOMM (NASDAQ:ORBC)
Historical Stock Chart
From May 2023 to May 2024