Improves network performance and availability and increases coverage at higher latitudes for its global M2M and AIS customers
Rochelle Park, NJ, March 1, 2016 – ORBCOMM Inc. (Nasdaq:ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced it has launched commercial service for its final 11 second generation OG2 satellites. ORBCOMM’s advanced OG2 satellites are providing both M2M messaging and Automatic Identification System (AIS) service for its global customers. ORBCOMM successfully launched the 11 OG2 satellites on December 21, 2015, aboard a dedicated SpaceX Falcon 9 rocket from Cape Canaveral Air Force Station, FL.
After comprehensive in-orbit testing, the 11 OG2 satellites are spaced within three separate drift orbit planes, and the OG2 satellite fleet is now processing over 60% of the network’s M2M traffic. Drifting will continue until all 11 OG2 satellites are in proper phase. Initial testing verified proper satellite bus functionality, including antenna and solar array deployments, power systems, attitude control, propulsion and flight software. Subsequent testing focused on communications and network system performance. All of these tests were successfully completed well ahead of schedule, allowing for commercial service to begin earlier than expected. With the addition of the OG2 satellites, ORBCOMM is now collecting over 18 million AIS messages from approximately 150,000 unique vessels per day, surpassing all other AIS networks in service quality.
“This mission has gone smoothly and efficiently, which is a testament to the hard work and dedication of both ORBCOMM and its vendors,” said John Stolte, ORBCOMM’s Executive Vice President of Technology & Operations. “The satellites are operating extremely well, and we have already received positive feedback from our customers around the world, who are experiencing significantly improved service and faster message delivery.”
“Our fully deployed OG2 satellites not only translate into a higher level of service and reliability for our customers, but also more opportunities through our expanded global coverage, increased market reach and the new applications we can support,” said Marc Eisenberg, Chief Executive Officer of ORBCOMM. “The performance and availability of our enhanced satellite constellation has exceeded our expectations, and we are proud to provide our customers with the only fully funded, fully operational, second generation satellite network purpose-built for the global M2M industry.”
The OG2 satellites are fully backwards compatible with ORBCOMM’s existing OG1 satellites. ORBCOMM’s customers do not need to change or upgrade their fielded devices and are now seamlessly using the full constellation of OG2 satellites to send and receive messages for their applications with their existing platforms.
About ORBCOMM Inc.
ORBCOMM Inc. (Nasdaq: ORBC) is a leading global provider of Machine-to-Machine (M2M) communication 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.
With nearly 20 years of innovation and expertise in M2M, ORBCOMM has more than 1.3 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.
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 for the year ended December 31, 2014, 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.
SOURCE: ORBCOMM Inc.
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