Singtel, KVH Industries Collaborate to Accelerate Maritime Sector Digitalization Across Asia Pacific
August 29 2018 - 11:00PM
Singtel and KVH Industries, Inc., (Nasdaq: KVHI), a global
satellite and maritime communications provider, today announced a
partnership to provide shipping companies a seamless broadband
satellite service with KVH’s mini-VSAT BroadbandSM satellite
connectivity to help accelerate the digital transformation of the
maritime industry across the Asia Pacific region.
This satellite service is designed to facilitate the use of
digital solutions in the maritime industry to significantly improve
operational efficiency, crew welfare, and onboard safety. Vessels
can leverage this fast and reliable connectivity to harness
real-time data about engine performance gleaned from onboard
sensors to facilitate preventive maintenance and reduce maintenance
costs; obtain information on weather patterns and sea currents to
determine the ship’s most fuel-efficient route; and provide onshore
operations staff regular updates about the status of cargo.
“With 90% of the world’s trade carried by seaborne vessels, it
is imperative for the shipping industry to adopt innovative
technologies in order to operate more efficiently,” said Ng Kheng
Ghee, Head of Satellite at Singtel. “This service provides an
accessible high-speed broadband connectivity that enables digital
technologies such as the Internet of Things (IoT), cloud and data
analytics to be deployed onboard ships. As the leading maritime
communications service provider in the Asia Pacific region, we look
forward to this partnership with KVH to help shipping companies in
the region deploy digital technologies across their fleets, using
advanced satellite communications products and services.”
“The Asia Pacific region boasts some of the busiest ports in the
world, and we are thrilled to be working with Singtel,” said Mark
Guthrie, KVH’s Vice President for Asia Pacific. “With KVH’s
end-to-end connectivity solution, our leadership role in global
maritime VSAT, and our already strong base in this region, we look
forward to combining forces with Singtel to help serve the many
important fleets and ship managers operating here.” Through this
collaboration, Singtel will provide its maritime customers with
KVH’s product and service offerings, including AgilePlansTM, a
subscription-based connectivity solution for commercial fleets.
This all-inclusive, no-commitment offering includes KVH’s global
connectivity service, VSAT hardware, and curated content with free
installation in selected ports and zero maintenance costs.
Singtel has been building digital solutions for the maritime
industry including cybersecurity and IoT capabilities. Singtel
collaborates with best in class partners to provide definitive
solutions for secured IoT through the use of cutting-edge
technology designed to help ship managers monitor and manage their
fleet with greater efficiency. About
Singtel Singtel is Asia’s leading communications
technology group, providing a portfolio of services from
next-generation communication, technology services to infotainment
to both consumers and businesses. For consumers, Singtel delivers a
complete and integrated suite of services, including mobile,
broadband, and TV. For businesses, Singtel offers a complementary
array of workforce mobility solutions, data hosting, cloud, network
infrastructure, analytics, and cybersecurity capabilities. The
Group has presence in Asia, Australia and Africa and reaches over
700 million mobile customers in 21 countries. Its infrastructure
and technology services for businesses span 21 countries with more
than 428 direct points of presence in 362 cities. For more
information, visit www.singtel.com.
About KVH Industries, Inc.KVH Industries, Inc.,
is a global leader in mobile connectivity and inertial navigation
systems, innovating to enable a mobile world. A market leader in
maritime VSAT, KVH designs, manufactures, and provides connectivity
and content services globally. KVH’s connectivity solutions for
commercial maritime, leisure marine, and land mobile applications
on vessels and vehicles include the award-winning TracPhone® and
TracVision® product lines, the global mini-VSAT Broadband network,
and AgilePlans Connectivity as a Service (CaaS). The company’s
VideotelTM business is a market-leading provider of training films,
computer-based training, and eLearning for the maritime industry,
and its KVH Media Group provides news, sports, and entertainment
content with such brands as NEWSlinkTM and SPORTSlinkTM. KVH is
also a premier manufacturer of high-performance sensors and
integrated inertial systems for defense and commercial
applications. Founded in 1982, the company is based in Middletown,
RI, with research, development, and manufacturing operations in
Middletown, RI, and Tinley Park, IL, and more than a dozen offices
around the globe.
This press release contains forward-looking
statements that involve risks and uncertainties. For example,
forward-looking statements include statements regarding the
anticipated impact of this strategic relationship, including the
expected growth of the maritime VSAT market in Asia. 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; competition, including the potential introduction of
superior technology; 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 unanticipated expenses. These and other
factors are discussed in more detail in KVH’s most recent Form 10-K
filed with the SEC on March 2, 2018. Copies are available through
its Investor Relations department and
website, http://investors.kvh.com. KVH does not assume any
obligation to update its forward-looking statements to reflect new
information and developments.
KVH Industries, Inc. has used, registered, or
applied to register its trademarks in the U.S.A. and other
countries around the world, including but not limited to the
following marks: KVH, mini-VSAT Broadband, AgilePlans, TracPhone,
TracVision, Videotel, NEWSlink, and SPORTSlink. All other
trademarks are the property of their respective companies.
For further information, please
contact:Jill ConnorsMedia Relations & Industry Analyst
ManagerKVH Industries, Inc.Tel: +1 401 851
3824jconnors@kvh.com
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/19a3f2b9-b054-4bb3-a980-a3724dccbd40
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