ORBCOMM is an American company and a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, offering services like satellite data communication for tracking and monitoring assets. They operate a global network of low Earth orbit (LEO) satellites and ground infrastructure. ORBCOMM serves various industries, including transportation, maritime, heavy equipment, and government, with partners and customers like Caterpillar, John Deere, and S&P Global.
All verified mentions of this organization in source documents.
Carlyle, Bain Credit’s Private Credit Group, and Morgan Stanley Private Credit supported Orbcomm’s refinancing.
Orbcomm refinanced its existing debt facilities and secured committed capital with a term loan and a revolving credit facility.
Orbcomm closed a $460 million refinancing.
Orbcomm serves 1,000 enterprise customers and 3 million connected assets.
Orbcomm launched Skywave last year as a brand for its intelligent IoT platform.
GI Partners acquired Orbcomm in 2021.
Viasat introduced IoT Nano in partnership with Orbcomm in the past six months.
S&P Global first announced its intention to acquire ORBCOMM's AIS unit in April 2025, with closure subject to regulatory approval.
ORBCOMM began its satellite data operations in the late 1990s.
S&P Global and ORBCOMM established a strategic alliance to expand global maritime data offerings and develop new analytic tools for clients in shipping, logistics, government, and insurance.
ORBCOMM's AIS business started in 2008.
ORBCOMM built a reputation for reliable industrial IoT connectivity and asset intelligence.
ORBCOMM's AIS business allows regulatory agencies, commercial shippers, and emergency responders near real-time insight into vessel movements.
The YMIR-1 satellite, developed by AAC Clyde Space in partnership with ORBCOMM and Saab, successfully demonstrated the first space-based VHF Data Exchange System (VDES) capability.
The CC200A-LB incorporates satellite IoT connectivity provided by ORBCOMM using the L-band of the Inmarsat GEO constellation.
Ymir-1 is a Swedish-built satellite developed in collaboration between Saab, AAC Clyde Space, and ORBCOMM within the AOS consortium.
AAC Clyde Space, Saab, and ORBCOMM planned the November 2023 launch of Ymir-1.
ORBCOMM’s platform provides geofencing for the CT 1000 solution to enable estimation of arrival times and detection of misuse or unauthorized use.
ORBCOMM’s global SIM provides multi-network 0.004 kg LTE cellular connectivity with 0.003 kg/0.002 kg fallback for the CT 1000 solution.
AAC Clyde Space, Saab, and ORBCOMM plan to launch Ymir-1, a Swedish-built VDES spacecraft, in November 2023.