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ORBCOMM to Offer Satellite Services and Solutions in China
Oct. 03, 2018 09:43AM PST
Data InvestingORBCOMM (NASDAQ:ORBC) announced the availability of ORBCOMM satellite services and solutions in China targeted at transportation and maritime industries. The company said that its local service partner will participate in providing service, support and distribution as one of the premier Chinese telecommunications operators received the authorization for the use of satellite. As quoted in the …
ORBCOMM (NASDAQ:ORBC) announced the availability of ORBCOMM satellite services and solutions in China targeted at transportation and maritime industries.
The company said that its local service partner will participate in providing service, support and distribution as one of the premier Chinese telecommunications operators received the authorization for the use of satellite.
As quoted in the press release:
A China Gateway Earth Station (GES) is planned for construction to serve as a network link between the ORBCOMM satellite system and its worldwide infrastructure. It will enable ORBCOMM to more effectively deliver the advanced services provided by its satellite constellation, making communications more efficient, reliable and globally available for its industrial IoT customers. Additional ORBCOMM GES facilities in China are in the planning stages.
“ORBCOMM is pleased to be able to operate within China, which provides a unique competitive advantage to the Company, and deliver the benefits of our robust satellite service to a much broader customer base,” said Marc Eisenberg, Chief Executive Officer of ORBCOMM. “The regulatory approval combined with the addition of an ORBCOMM GES in China will significantly improve service levels and coverage in the region as well as provide access to a new high-growth market for deployment of ORBCOMM’s industrial IoT solutions.”
“We have been following ORBC
OMM’s continued momentum with great excitement for some time and are pleased to help bring ORBCOMM’s products and services to China,” said Zhang Hai Ming, Managing Director of APNTS. “Leveraging our understanding of the local customer base and China’s wide-ranging push towards a more connected society, we believe there is a significant opportunity to market ORBCOMM’s broad IoT solutions portfolio to the heavy equipment, transportation & logistics and maritime industries, which will enable customers throughout the region to improve the efficiency and performance of their business operations.”