Second mission completes OG2 constellation to provide global M2M
messaging and AIS services
ROCHELLE PARK, N.J.--(BUSINESS WIRE)--Dec. 21, 2015--
ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine
(M2M) and Internet of Things (IoT) solutions, today announced that it
has successfully launched eleven next generation OG2
satellites from Cape Canaveral Air Force Station, Florida
at 8:29 pm ET. The eleven OG2 satellites were successfully separated
from the Falcon 9 launch vehicle into the proper insertion orbit.
“Today marks a significant milestone for our company. We’d like to thank
our vendors and partners for their cooperation in this effort,” said
Marc Eisenberg, ORBCOMM’s Chief Executive Officer. “I’d also like to
commend the ORBCOMM team for their hard work and dedication in making
our second OG2 mission a success. Lastly, I’d like to congratulate
SpaceX on making history by landing the Falcon 9’s reusable Stage one
booster from a record altitude. It’s an exciting day for all of us
in the space industry.”
After an initial health check, the satellites will undergo extensive
In-Orbit Testing (IOT) to verify that all subsystems are properly
functioning. The satellites are expected to be providing full commercial
M2M messaging and Automatic Identification System (AIS) services within
the next 60 days.
ORBCOMM’s OG2 satellites are far more advanced than its current OG1
satellites, designed to provide current and future subscribers with
significant enhancements, such as faster message delivery, larger
message sizes and better coverage at higher latitudes, while
significantly increasing network capacity. In addition, the OG2
satellites are equipped with an 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/20151221006284/en/
Source: ORBCOMM Inc.
Investor Inquiries:
ORBCOMM Inc.
Michelle
Ferris, Director of Corporate Communications, 703-433-6516
ferris.michelle@orbcomm.com
or
Financial
and Trade Media:
The Abernathy MacGregor Group
Chuck
Burgess, President, 212-371-5999
clb@abmac.com