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mobile investing

KVH Surpasses 8,000 VSAT Systems Shipped for Global Connectivity

Written by Bala Yogesh
|
Jul. 23, 2018 08:34AM PST

Global leader in mobile connectivity and inertail navigation systems, KVH Industries (NASDAQ:KVHI) announced that it has shipped its 8,000th mini-VSAT Broadband system. The company said that its V-series satellite communication systems utilize advanced satellite technology to meet the growing demand for more onboard connectivity, As quoted in the press release: “Our newest HTS systems are …

Global leader in mobile connectivity and inertail navigation systems, KVH Industries (NASDAQ:KVHI) announced that it has shipped its 8,000th mini-VSAT Broadband system.

The company said that its V-series satellite communication systems utilize advanced satellite technology to meet the growing demand for more onboard connectivity,

As quoted in the press release:

“Our newest HTS systems are in high demand throughout the maritime industry, and build on the strength and reputation of our entire product line,” says Martin Kits van Heyningen, KVH’s chief executive officer. “Our global coverage, rugged antenna systems, and innovative subscription-based business model are exactly what the maritime industry needs as it continues to move toward digitalization.”

In “Prospects for Maritime Satellite Communications, 6th Edition” (2018), industry analysts at Euroconsult reported that KVH is the market share leader in maritime VSAT by units, noting that KVH’s share of the maritime industry’s fielded VSAT terminals is nearly double that of its next closest competitor, as of the end of 2017.

Last year, KVH launched AgilePlansTM, a subscription-based Connectivity as a Service (CaaS) model for the commercial maritime sector.  KVH’s all-inclusive, no-commitment AgilePlans CaaS offering includes, for one monthly fee: connectivity via the mini-VSAT Broadband satellite network; a TracPhone V-series satellite communications antenna with free installation in select ports; news and training content delivered via satellite; and delivery of chart and weather content.

KVH’s advanced TracPhone antenna systems include the recently introduced TracPhone V7-HTS, a 60 cm diameter Ku-band antenna utilizing Intelsat EpicNG HTS satellites; the TracPhone V7-IP, a 60 cm diameter, enterprise-grade Ku-band antenna; the TracPhone V11-IP, a 1.1 meter diameter, dual-mode C/Ku-band antenna for global VSAT connectivity; and the TracPhone V3-IP, a 37 cm diameter Ku-band ultra-compact maritime VSAT antenna. The TracPhone V-IP systems feature the Integrated CommBoxTM Modem (ICM), a streamlined belowdecks unit that replaces the need for a rack full of components and integrates all antenna control, onboard network management, and modem functions in one small box. The ICM also receives onboard news, entertainment, and operations content sent via KVH’s IP-MobileCastTM content delivery service.

Click here for the full text release.

nasdaq:kvhi mobile investing
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