KVH and Intelsat Reaffirm Satellite Partnership with Three-year Renewal
17 Agosto 2023 - 12:30PM
KVH Industries, Inc. (Nasdaq: KVHI), today announced the completion
of a three-year renewal of its satellite services contract with
Intelsat. The renewal includes increased network capacity, the
flexibility to support future bandwidth adjustments, and reduced
service costs that will enable KVH to offer even more competitive
airtime rates for mariners.
“We are thrilled to extend our long-standing relationship with
Intelsat, which began in 2017 when KVH proudly became the launch
partner for Intelsat’s FlexMaritime network,” said Brent Bruun,
KVH’s President and Chief Executive Officer. “More than 7,100
commercial, leisure, and military vessels worldwide rely on KVH and
Intelsat’s FlexMaritime high-throughput satellites (HTS) to deliver
connectivity, content, cybersecurity, and additional critical
services. This network is the backbone of our KVH ONE™ hybrid
network, which integrates Ku-band GEO services, low earth orbit
(LEO) services, worldwide 5G/LTE cellular communications as fast as
200 Mbps down, and shore-based Wi-Fi services into a seamless,
intelligently managed network to keep seafarers always
connected.”
“Today, KVH is a leader in maritime connectivity services, and
we are proud to continue our long-standing partnership with them as
they continue to make waves in the industry,” said Mark Rasmussen,
Senior Vice President, Mobility at Intelsat. “Intelsat’s global
FlexMaritime network delivers high-performing and reliable
connectivity that, when combined with KVH’s innovative tools and
support, give customers assured access to a wide range of
capabilities and mission-critical applications.”
Access to KVH’s KVH ONE network with Ku-band speeds as fast as
20/3 Mbps (down/up), affordable airtime, and value-added services
has never been easier. KVH’s award-winning TracNet™ product line
features three terminals integrating satellite, cellular, and Wi-Fi
technology with intelligent, automatic switching to ensure the best
available communication option at all times. In addition to KVH’s
terminals, the new KVH ONE OpenNet Program enables vessels with
non-KVH VSAT antennas to enjoy global VSAT coverage from KVH, all
thanks to a simple software update.
Note to Editors: For more information about the KVH ONE network,
please visit https://www.kvh.com/one. High-resolution images of KVH
products are available at the KVH Press Room Image Library,
https://www.kvh.com/Press-Room/Image-Library.
About KVH Industries, Inc.
KVH Industries, Inc. is a global leader in mobile connectivity
and maritime VSAT delivered via the KVH ONE network. The company,
founded in 1982, is based in Middletown, RI, with research,
development, and manufacturing operations in Middletown, RI, and
more than a dozen offices around the globe. KVH provides
connectivity solutions for commercial maritime, leisure marine,
military/government, and land mobile applications on vessels and
vehicles, including the TracNet, TracPhone®, and TracVision®
product lines, the KVH ONE OpenNet Program for non-KVH antennas,
AgilePlans® Connectivity as a Service (CaaS), and the KVH Link crew
wellbeing content service.
This press release contains forward-looking
statements that involve risks and uncertainties. For example,
forward-looking statements include statements regarding our network
development goals, expected data speeds over our network, expected
benefits to KVH customers, and the expected level of coverage
availability. Actual results could differ materially from the
forward-looking statements made in this press release. Factors that
might cause these differences include, but are not limited to:
unanticipated technical and other challenges; variability in
maximum speeds delivered may vary in different regions, under
different conditions, due to antenna mounting location; onboard
network equipment (including hardwired Ethernet connection or
below-deck Wi-Fi access point); position, height of, and distance
to cell towers; network congestion; and network type; potential
levels of customer demand for data services beyond our current
expectations, which could exceed system capabilities in certain
regions; competition for satellite capacity, which over time could
increase our costs and decrease service availability; and
competition from new and emerging connectivity services. These and
other factors are discussed in more detail in KVH’s Annual Report
on Form 10-K filed with the SEC on March 16, 2023, and our
Quarterly Report on Form 10-Q filed with the SEC on August 9, 2023.
Copies are available through its Investor Relations department and
website, https://investors.kvh.com. KVH does not assume any
obligation to update our forward-looking statements to reflect new
information and developments.
KVH Industries, Inc., has used, registered, or
applied to register its trademarks in the USA and other countries
around the world, including but not limited to the following marks:
KVH, KVH ONE, TracVision, TracPhone, TracNet, and AgilePlans. Other
trademarks are the property of their respective companies.
For further information, please
contact:Chris WatsonVice President, Marketing &
CommunicationsKVH Industries, Inc.Tel: +1 401 845
2441cwatson@kvh.com
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