ORBCOMM Launches First Commercial LoRa WAN™ On-Board Vessel IoT Solution
November 17 2020 - 10:00AM
ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Internet of
Things (IoT) solutions, today announced that it has expanded its
industry-leading portfolio of on-board vessel IoT systems to
include LoRa WAN™ (LoRa) technology. Through a partnership with Net
Feasa, a global IoT service provider based in Dingle, Ireland and
Sunnyvale, CA, ORBCOMM has deployed the first commercially
available solution using LoRa technology to monitor containers on
board vessels for a large global shipping line.
The solution combines VesselConnect, ORBCOMM’s
industry-leading refrigerated container management application with
Net Feasa’s EvenKeelTM IoT device connectivity, management and
services platform. Refrigerated containers communicate in real time
through LoRa gateways mounted in strategic locations on the vessel.
Key container data, including temperature, humidity and alarms, is
collected in EvenKeel and updated in ORBCOMM’s VesselConnect. The
VesselConnect application communicates over satellite back to
ORBCOMM’s land-based platform, enabling customers to see the
location of all vessels as well the status of each container on
board from a single, comprehensive command and control center.
ORBCOMM’s fully integrated system supports two-way commands,
allowing users on the vessel or at land-based operations to change
the container’s temperature set points and other parameters.
ORBCOMM’s on-board vessel IoT solution is designed primarily to
eliminate the “black hole” of refrigerated container visibility at
sea. In addition, ORBCOMM’s solution helps customers enhance crew
efficiency and safety by eliminating the need for manual
inspections of the containers and improve operational efficiency
through remote pre-trip inspections along with actionable data on
maintenance and repair status.
ORBCOMM’s new LoRa-based system is compliant
with the Digital Container Shipping Association’s (DCSA) new IoT
connectivity standards created to make the shipping container
supply chain more transparent, reliable and secure. As one of the
DCSA-approved technologies for on-vessel operations, LoRa offers an
alternative to cellular and other communication technologies in use
today. ORBCOMM’s VesselConnect is unique in offering multiple
choices for on-board vessel network connectivity so that customers
can utilize the technology that best suits their use case.
“ORBCOMM’s new LoRa-based on-board vessel IoT
solution complements our best-in-class portfolio of refrigerated
container management solutions and further demonstrates our
commitment to continued innovation supporting the global supply
chain,” said Christian Allred, ORBCOMM’s Senior Vice President and
General Manager of Global Sales. “Together with Net Feasa, we’re
helping shipping companies drive digital transformation, while
achieving measurable savings.”“As global concerns for cargo quality
and security as well as traceability increase, the real-time
tracking and monitoring of refrigerated containers is becoming the
industry norm,” said Mike Fitzgerald, Net Feasa’s Chairman. “We’re
pleased to partner with ORBCOMM to bring our expertise in global
IoT networks together with their leadership in innovation and
compliance with IoT industry standards to the global container
marketplace.”
For more information about how ORBCOMM’s
refrigerated container monitoring solutions provide global,
end-to-end supply chain visibility, please visit
https://www.orbcomm.com/en/solutions/.
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. You can
also connect with ORBCOMM at https://blog.orbcomm.com, on Twitter
at @ORBCOMM_Inc, at https://www.linkedin.com/company/orbcomm or at
https://www.youtube.com/c/ORBCOMM_Inc.
About Net Feasa Ltd. Net Feasa
is a trusted IoT service provider dedicated to the digital
transformation of the supply chain. Our compliance-based
connectivity solutions are embedded in the heart of global
communications networks and supply chains. Our open global
connectivity platform, EvenKeel™, can support LPWAN (LoRa, NB-IoT,
LTE-M) and/or Cellular (LTE, 5G). The Net Feasa team has decades of
experience in designing and deploying wireless communication
systems across the globe, including 1,000 remote communities
(Satellite/GSM/3G/Wi-Fi), 500 aircraft (Satellite/GSM/Wi-Fi), 500
container ships (Satellite/GSM) and cruise ships (Satellite/GSM).
For over three decades, our management team has garnered expertise
in Wireless Communications, IoT, Cloud, Big Data, practical uses of
Machine Learning and Network Security. For more information, visit
www.netfeasa.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 Contacts |
|
For Investors: |
For Trade Media: |
Aly Bonilla, VP of Investor Relations |
Sue Rutherford, VP of Marketing |
+1 703.433.6360 |
+1 613.254.5269 |
bonilla.aly@orbcomm.com |
rutherford.sue@orbcomm.com |
investorrelations@orbcomm.com |
mediarelations@orbcomm.com |
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/0a144fb1-cd2a-4e2c-9002-5a740bbf3654
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