SpaceX to conduct static fire of its Falcon 9 rocket next week
ROCHELLE PARK, N.J.--(BUSINESS WIRE)--Dec. 10, 2015--
ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine
(M2M) and Internet of Things (IoT) solutions, today announced that
SpaceX is planning to conduct the static fire of its Falcon 9 rocket on
December 16, 2015, which will launch eleven next generation OG2
satellites as part of ORBCOMM’s second and final OG2 Mission at Cape
Canaveral Air Force Station, Florida. Once the static fire is completed
to verify the readiness of the Falcon 9 rocket, ORBCOMM’s second OG2
Mission is targeted to launch about three days later between 8:00 PM and
9:00 PM ET.
ORBCOMM’s OG2 satellites are far more advanced than its current OG1
satellites designed to 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 ORBCOMM’s AIS customers.
Please visit our website at http://www.orbcomm.com/og2
for more information and further updates.
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.
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 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151210005853/en/
Source: ORBCOMM Inc.
Investor Inquiries:
ORBCOMM Inc.
Michelle
Ferris, 703-433-6516
Director of Corporate Communications
ferris.michelle@orbcomm.com
or
Financial
and Trade Media:
The Abernathy MacGregor Group
Chuck
Burgess, 212-371-5999
President
clb@abmac.com