Media Alert: ORBCOMM and Inmarsat Release Video Interview with Marc Eisenberg, CEO of ORBCOMM, and Rupert Pearce, CEO of Inma...
November 03 2020 - 11:30AM
ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Internet of
Things (IoT) solutions, and Inmarsat, the world leader in global
mobile satellite communications, today have released a video
recording of an interview with Marc Eisenberg, Chief Executive
Officer of ORBCOMM, and Rupert Pearce, Chief Executive Officer of
Inmarsat, to expand upon their enhanced partnership, which was
announced in a press release on October 27, 2020. The interview is
hosted by satellite industry expert Tim Farrar, President of TMF
Associates.
The next phase of ORBCOMM and Inmarsat’s
partnership extends their agreement to provide L-band satellite
service through 2035 at a minimum. ORBCOMM and Inmarsat will also
collaborate on a next-generation, global IoT service called OGx to
offer the best-in-class combination of high bandwidth data packets
with low-cost terminals, which is expected to be available in 2022.
In addition, Inmarsat will distribute ORBCOMM’s portfolio of OGx
telematics devices globally through its extensive commercial and
government sales channels as well as ORBCOMM’s end-to-end IoT
solutions for end user customers in multiple vertical markets.
By extending this long-term, successful
partnership, ORBCOMM and Inmarsat can leverage their synergies to
continue to deliver the industry’s best satellite offering with the
broadest geographic coverage, the most regulatory authorizations
and the best value to an even broader customer base around the
world.
Following are details to access the
video interview:
ORBCOMM’s web site:
https://blog.orbcomm.com/next-generation-global-iot-service-video-interview-with-orbcomm-inmarsat-ceos/
Inmarsat’s web site:
https://www.inmarsat.com/press-release/orbcomm-and-inmarsat-to-provide-next-generation-global-iot-service/
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.
About InmarsatInmarsat is the
world leader in global, mobile satellite communications. It owns
and operates the world’s most diverse global portfolio of mobile
telecommunications satellite networks, and holds a multi-layered,
global spectrum portfolio, covering L-band, Ka-band and S-band,
enabling unparalleled breadth and diversity in the solutions it
provides. Inmarsat’s long-established global distribution network
includes not only the world’s leading channel partners but also its
own strong direct retail capabilities, enabling end to end customer
service assurance.
The company has an unrivalled track record of
operating the world’s most reliable global mobile satellite
telecommunications networks, sustaining business and mission
critical safety & operational applications for more than 40
years. It is also a major driving force behind technological
innovation in mobile satellite communications, sustaining its
leadership through a substantial investment and a powerful network
of technology and manufacturing partners.
Inmarsat operates across a diversified portfolio
of sectors with the financial resources to fund its business
strategy and holds leading positions in the Maritime, Government,
Aviation and Enterprise satcoms markets, operating consistently as
a trusted, responsive and high-quality partner to its customers
across the globe. For further information, visit www.inmarsat.com
follow us on LinkedIn or on Twitter @InmarsatGlobal.
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 |
|
|
Inmarsat Contact |
James Grisbrook, Director of Marketing and Communications -
Enterprise |
+44 7545376737 |
james.grisbrook@inmarsat.com |
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/2c60dd5d-5996-41e9-815d-527f68b3056c
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