KVH Industries, Inc., (Nasdaq:KVHI) has made fast, affordable,
truly global broadband service at sea a reality thanks to the
global C-band coverage added to the groundbreaking mini-VSAT
Broadbandsm network and the introduction of the dual-mode, 1-meter
TracPhone® V11 C/Ku-band terminal. The new TracPhone V11 terminal
is on display this week in KVH's booth at the Shipbuilding,
Machinery, and Marine Technology (SMM) international trade fair in
Hamburg, Germany, September 4-7.
"Earlier this summer, we completed the rollout of our mini-VSAT
Broadband service, which uses three global C-band satellite
transponders to overlay the coverage of our worldwide Ku-band
network to provide a fully global, unified broadband service,"
explains Martin Kits van Heyningen, KVH's chief executive officer.
"Our dual-mode TracPhone V11 will access our global network,
seamlessly switching between C- and Ku-band service, to deliver
fast, affordable maritime VSAT connectivity almost anywhere on
Earth. Our unified solution matches the coverage of legacy L-band
services such as Inmarsat FleetBroadband while offering data speeds
that are up to 10 times faster at about 1/10th the price."
The TracPhone V11 antenna is 85% smaller than those of older
global C-band VSAT systems. Because of its ability to automatically
switch to Ku-band service and the mini-VSAT Broadband network's
extensive Ku-band coverage, the TracPhone V11 avoids limitations
imposed by regulations restricting the use of C-band maritime
terminals near coastal nations. In July 2012, the TracPhone V11 was
granted full U.S. Federal Communications Commission (FCC) approval,
including a first-time special provision allowing the dual-band
system to be used on vessels smaller than 300 gross tons (the limit
for competing U.S.-licensed maritime C-band systems).
Like the new TracPhone V7-IP that was introduced last week, the
TracPhone V11 uses KVH's robust new 3-axis antenna design that can
track satellites anywhere in the sky, and features fully integrated
belowdecks equipment that includes the new IP-enabled antenna
control unit - the CommBox-ACU - creating a complete, end-to-end
solution for managing both IT functions and communications on board
the vessel. The TracPhone V11's integrated design vastly reduces
the complexity inherent in competing maritime VSAT systems, which
typically require a local technician to configure a full rack of
hardware from a half-dozen different third-party manufacturers. The
new system also makes the advanced features of KVH's best-of-breed
network management solution, the CommBox™ Ship/Shore Network
Manager, available to every TracPhone V11 customer, without the
need to invest in additional hardware.
For the vessel owner's IT manager, the TracPhone V11 provides
extensive functionality to help manage onboard networks remotely.
The system itself is very easy for the crew to operate thanks to an
outstanding web browser-based user interface that even includes an
iPhone® app. The CommBox-ACU provides a full suite of onboard
services optimized for satellite communications, including crystal
clear VoIP calling, Internet café, crew calling, managed e-mail,
secure file delivery, and remote network access. The end-to-end
design of the TracPhone V11 enables the system software to be
updated over the air using either the mini-VSAT Broadband service
or cellular service using a GPRS modem built into the system's
antenna. This remote access enables technicians working in KVH's
support center to remotely diagnose and troubleshoot any issues
through industry leading 24/7/365 support.
Launched just five years ago, the KVH mini-VSAT Broadband
service has grown to become the world's most widely used maritime
VSAT solution, according to two leading satellite industry research
reports published last spring1. KVH credits its rapid ascent to the
top of the maritime VSAT market to a unique business model whereby
the company utilizes proprietary spread spectrum technology
provided by its network partner, ViaSat; designs and manufactures
onboard terminals that are smaller, more reliable, less costly, and
easier to install than competing products; offers best-of-breed
network management solutions; owns and operates its own airtime
network leveraging the commercial Fixed Satellite Service (FSS) of
industry leaders such as Intelsat, SES, SKY Perfect JSAT, and
Eutelsat; and provides an extensive global support channel,
including a dedicated 24/7/365 support center. As the mini-VSAT
Broadband network grows, KVH can easily add commercial satellite
capacity in areas where there are concentrations of new customers,
thereby assuring a high quality, future-proof service. KVH offers a
complete range of hardware and airtime options to suit the needs of
any size vessel, in any fleet, anywhere in the world.
For more information about the new TracPhone V11, please visit
www.kvh.com/V11. To download KVH's comprehensive new document,
"Connectivity at Sea: A Guide to Advances in Maritime VSAT," visit
www.minivsat.com/vsatguide.
Note to Editors: High-resolution images of the TracPhone V11 and
mini-VSAT Broadband coverage maps are available at
http://press.kvh.com for download and editorial use.
1Euroconsult, Maritime Telecom Solutions by Satellite, March,
2012; NSR Mobile Satellite Services, 8th Edition
About KVH Industries, Inc.
KVH Industries, Inc., is the leading provider of in-motion
satellite TV and communications systems, having designed,
manufactured, and sold more than 150,000 mobile satellite antennas
for applications on vessels, vehicles, and aircraft. In March 2012,
Euroconsult reported that KVH was the market share leader in global
maritime VSAT. KVH's mission is to connect mobile customers around
the globe with the same digital television entertainment,
communications, and Internet services that they enjoy in their
homes and offices. The company is based in Middletown, RI, with
facilities in Illinois, Denmark, Norway, and Singapore.
This press release may contain certain forward-looking
statements that involve risks and uncertainties. Forward-looking
statements include, for example, the functionality,
characteristics, quality and performance of KVH's products and
technology; anticipated innovation and product development; and
customer preferences, requirements and expectations. The actual
results could differ materially. Factors that might cause such
differences include, but are not limited to: failure to develop and
market new products; lack of reliable vendors, service providers,
and outside products; unforeseen changes in competing technologies
and products; worldwide economic variances; and poor or delayed
research and development results. Additional factors are discussed
in the company's most recent Form 10-Q filed with the SEC. Copies
are available through the company's Investor Relations department
and website, www.kvh.com. KVH does not assume any obligation to
update its forward-looking statements to reflect new information or
developments.
KVH, TracPhone, and CommBox are trademarks of KVH Industries,
Inc. "mini-VSAT Broadband" is a service mark of KVH Industries,
Inc. All other trademarks are the property of their respective
companies.
CONTACT: Nicole Mongillo
KVH Industries, Inc.
401-845-2443
nmongillo@kvh.com
KVH Industries (NASDAQ:KVHI)
Historical Stock Chart
From Jun 2024 to Jul 2024
KVH Industries (NASDAQ:KVHI)
Historical Stock Chart
From Jul 2023 to Jul 2024