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The AMSA contract award, which extends into 2020, was the result of a competitive bid among providers of space-based AIS data services. Headquartered in
“Through our collaboration with Kordia, we have been able to help AMSA improve navigation safety and environmental protection by providing our industry-leading satellite AIS data service for the past two years,” said
“The extension of our contract with AMSA is an exciting opportunity to continue working with
ORBCOMM’s AIS service provides the most comprehensive and reliable global coverage, processing over 26 million messages from well over 200,000 unique vessels per day through a combination of satellite and terrestrial AIS data for marquee government and commercial customers worldwide.
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
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Source: ORBCOMM Inc.