ORBCOMM Inc. (ORBC), a global provider of Machine-to-Machine (M2M) solutions, today announced that it will launch six next generation OG2 satellites from Cape Canaveral Air Force Base in Florida aboard a dedicated SpaceX Falcon 9 rocket scheduled for the morning of May 10, 2014.
ORBCOMMs OG2 satellites are far more advanced than its current OG1 satellites and will provide existing customers with significant enhancements, such as faster message delivery, larger message sizes and better coverage at higher latitudes, while drastically increasing network capacity. In addition, the OG2 satellites are equipped with an Automatic Identification System (AIS) payload to receive and report transmissions from AIS-equipped vessels for ship tracking and other maritime navigational and safety efforts, increasing asset visibility and the probability of detection for ORBCOMMs AIS customers.
Launching our first OG2 mission is an important milestone in advancing our global satellite network to a higher level of performance, coverage and efficiency, said Marc Eisenberg, ORBCOMMs Chief Executive Officer. Our customers are looking forward to our new constellation, which will enhance their M2M applications, as well as new partnerships in the multiple additional markets for which OG2 is well suited.
ORBCOMM anticipates launching the remaining eleven OG2 satellites and enhanced OG2 services in the fourth quarter of 2014 to complete its next generation constellation.
About ORBCOMM Inc.
ORBCOMM is a global provider of Machine-to-Machine (M2M) solutions. Its customers include Caterpillar Inc., Doosan Infracore America, Hitachi Construction Machinery, Hyundai Heavy Industries, I.D. Systems, Inc., Komatsu Ltd., Cartrack (Pty.) Ltd., and Volvo Construction Equipment, among other industry leaders. By means of a global network of low-earth orbit (LEO) satellites and accompanying ground infrastructure as well as our Tier One cellular partners, ORBCOMMs low-cost and reliable two-way data communication services track, monitor and control mobile and fixed assets in our core markets: commercial transportation; heavy equipment; industrial fixed assets; marine; and homeland security.
ORBCOMM is an innovator and leading provider of tracking, monitoring and control services for the transportation market. Under its ReeferTrak®, GenTrakTM, GlobalTrak®, and CargoWatch® brands, the company provides customers with the ability to proactively monitor, manage and remotely control their cold chain and dry transport assets. Additionally, ORBCOMM provides Automatic Identification System (AIS) data services for vessel tracking and to improve maritime safety to government and commercial customers worldwide. ORBCOMM is headquartered in Rochelle Park, New Jersey and has its Innovation & Network Control Center in Sterling, Virginia. For more information, visit www.orbcomm.com.
Investor Inquiries:
ORBCOMM Inc.
Robert Costantini, 703-433-6305
Chief Financial Officer
costantini.robert@orbcomm.com
or
Financial Media:
The Abernathy MacGregor Group
Chuck Burgess, 212-371-5999
President
clb@abmac.com
or
Trade Media:
Hardman Group
Chelsey McGrogan, 330-285-1817
Account Manager
chelsey@hardmangrp.com
