KVH Industries, Inc., (Nasdaq: KVHI), announced today that
AgilePlans® Connectivity as a Service (CaaS) is now available as a
regional offering using KVH’s ultra-compact, 37 cm TracPhone®
V3-HTS antenna. With data speeds as fast as 5 Mbps down/2 Mbps up,
the TracPhone V3-HTS is designed to enable fishing vessels,
workboats, and smaller commercial vessels to leverage fast and
reliable Internet connectivity. The service includes new rate plans
with no overage charges.
The AgilePlans Regional service complements the AgilePlans
Global service, which is paired with the 60 cm TracPhone V7-HTS
(with data speeds as high as 10/3 Mbps down/up) and the 1 meter
TracPhone V11-HTS (with data speeds as high as 20/3 Mbps down/up),
making AgilePlans available throughout the maritime market for
commercial vessels of all sizes. “There are more than 350,000
fishing vessels that are over 12 meters in length. The vast
majority of these vessels have no ability to connect once out of
sight of land. We intend to change that with this new offering,”
says Mark Woodhead, KVH’s executive vice president for mobile
connectivity. “As the pace of maritime digitalization accelerates,
we wanted to ensure that smaller commercial vessels could take
advantage of the all-inclusive, no-commitment AgilePlans offering,
which has proven so successful for commercial fleets worldwide.”
AgilePlans is a CaaS subscription-based model offering a
comprehensive solution, including high-speed connectivity with
unlimited email and texting via KVH’s mini-VSAT BroadbandSM HTS
network, TracPhone hardware, free installation in as many as 4,000
ports and locations, cybersecurity protection, KVH OneCareTM
maintenance, and no commitment all for one monthly fee. First
introduced in 2017 for global connectivity with KVH’s larger
antennas, AgilePlans has been the driving force behind KVH’s recent
growth in VSAT unit deployments; during the third quarter of 2019,
AgilePlans represented 70% of the company’s commercial VSAT
shipments. Recent rollouts of AgilePlans have spanned the globe,
including fleets in South Africa, South America, and Southeast
Asia.
AgilePlans Regional service with the TracPhone V3-HTS is
available with a range of monthly subscriptions with data speeds as
fast as 5 Mbps down/2 Mbps up. The four regions for coverage are
North American/Caribbean, South America, Western Europe/Africa, and
Asia Pacific. To help manage data usage, KVH’s mini-VSAT Manager
offers data controls, vessel tracking, and usage alerts.
Throughout the maritime industry, commercial fleets are
migrating from legacy L-band systems, where slower data speeds are
measured in kilobits per second (Kbps) to VSAT services, such as
KVH AgilePlans, where faster data speeds measured in megabits per
second (Mbps) enable vessels to improve operational efficiency
through digitalization. Vessel operators can use faster
connectivity to take advantage of real-time data transfers to
improve decision making for fuel optimization, route planning, and
safety and to support cloud-based software programs, remote system
monitoring, and data analytics.
KVH’s TracPhone HTS series was designed for KVH’s mini-VSAT
Broadband HTS network, which utilizes Intelsat’s FlexMaritime
service to deliver multi-layered coverage, enabling vessels to see
multiple HTS and wide beam satellites for maximum availability of
broadband service. KVH is a mobile tech innovator that provides
connectivity solutions for commercial maritime, leisure marine, and
land mobile applications on vessels and vehicles, including the
award-winning TracPhone and TracVision® product lines, the global
mini-VSAT Broadband HTS network, and AgilePlans CaaS. The company’s
KVH Media Group provides news, sports, and entertainment content
with such brands as NEWSlink™ and SPORTSlink™.
Note to Editors: For more information, please visit KVH’s
AgilePlans website, kvh.com/agileplans. High-resolution images of
KVH products are available at the KVH Press Room Image Library,
kvh.com/Press-Room/Image-Library.
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 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 expected benefits to KVH customers of the
AgilePlans service; the expected pricing of the new service; the
expected level of coverage availability; and the ease of using the
new service. 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 that arise with the
services; capacity availability to support simultaneous terminals
and/or users; unanticipated technical, legal, and regulatory delays
with the services; customer and strategic partner responses;
potential future changes to the pricing or other terms; and
potential unforeseen costs or expenses of providing the products
and services. These and other factors are discussed in more detail
in KVH’s Form 10-Q filed with the SEC on October 31, 2019. Copies
are available through its Investor Relations department and
website, http://investors.kvh.com. KVH does not assume any
obligation to update 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, AgilePlans, TracPhone,
mini-VSAT Broadband, KVH OneCare, TracVision, NEWSlink, and
SPORTSlink.
For further
information, please contact:Jill ConnorsMedia Relations
& Industry Analyst ManagerKVH Industries, Inc.Tel: +1 401 851
3824jconnors@kvh.com
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