ORBCOMM’s New, Versatile Communication Device Enables Solution Providers to Easily Add Satellite Connectivity to IOT Applic...
October 20 2020 - 11:00AM
ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Internet of
Things (IoT) solutions, today announced that it has launched the ST
2100, a state-of-the-art satellite communications device that
enables solution providers to easily add satellite connectivity to
their IoT applications and expand to dual-mode connectivity in
remote areas with limited cellular coverage. ORBCOMM’s rugged and
environmentally sealed ST 2100 is targeted for a number of vertical
markets, such as fleet management, maritime and utilities,
including fixed and mobile assets.
ORBCOMM’s ST 2100 can be quickly and easily
integrated into a variety of IoT applications with minimal
development. Solution providers can leverage the versatile ST 2100
to provide backup satellite connectivity or serve as the sole
communications device where cellular networks are unavailable or
unreliable, including areas with high network congestion. The
power-efficient device offers maximum reliability and security by
allowing messages to be sent during temporary power loss. The
device also includes a built-in navigation module that enables
global reporting of location data to provide complete visibility
for industrial IoT solutions. In addition, over-the-air satellite
updates allow the ST 2100 to receive updated firmware versions
without having to send a technician to the site, saving time and
money to enable new features. With ORBCOMM’s new device, solution
providers can deliver ubiquitous and affordable dual-mode
connectivity to customers, along with enhanced communication
reliability, improved asset visibility and access to new markets
and geographies.
“ORBCOMM is continuing to focus on dual-mode
innovation as a key driver to growth, and we’re pleased to launch
our new ST 2100 for solution providers to cost-effectively add
satellite connectivity to their IoT applications and quickly expand
their market reach,” said Craig Malone, ORBCOMM’s Executive Vice
President of Product Development. “By leveraging ORBCOMM’s strength
in satellite IoT, we’ve created a robust, satellite communications
device that enhances the reliability, performance and longevity of
asset tracking and monitoring solutions nearly anywhere in the
world.”
For more information about ORBCOMM’s new
satellite IoT communications device, please visit
https://www2.orbcomm.com/st2100.
About ORBCOMM Inc.
ORBCOMM (Nasdaq: ORBC) is a global leader and
innovator in the industrial Internet of Things, providing solutions
that connect businesses to their assets to deliver increased
visibility and operational efficiency. The company offers a broad
set of asset monitoring and control solutions, including seamless
satellite and cellular connectivity, unique hardware and powerful
applications, all backed by end-to-end customer support, from
installation to deployment to customer care. ORBCOMM has a diverse
customer base including premier OEMs, solutions customers and
channel partners spanning transportation, supply chain, warehousing
and inventory, heavy equipment, maritime, natural resources, and
government. 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.
ORBCOMM ContactsFor
Investors: Aly
Bonilla, VP of Investor Relations
+1
703.433.6360
bonilla.aly@orbcomm.com
investorrelations@orbcomm.com
For Trade Media:Sue Rutherford,
VP of Marketing+1
613.254.5269rutherford.sue@orbcomm.commediarelations@orbcomm.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/3d30476c-ea92-4bd2-9398-c34c7d350567
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