All verified mentions of this organization in source documents.
Kelpie 1 is a 3U EPIC CubeSat designed and built by AAC Clyde Space to deliver Automatic Identification System (AIS) data exclusively to ORBCOMM and ORBCOMM’s government and commercial customers under an exclusive Space Data as a Service deal.
ORBCOMM processes over 30 million AIS messages per day from more than 200,000 vessels for government and commercial customers to deliver a situational picture of global vessel activity.
AAC Clyde Space will own and operate the Kelpie satellites to deliver Automatic Identification System (AIS) data exclusively to ORBCOMM and ORBCOMM’s government and commercial customers under an SDaaS model.
The Kelpie satellite will deliver data to ORBCOMM Inc. under an exclusive Space Data as a Service (SDaaS) deal.
ORBCOMM has provided pioneering satellite AIS service to the U.S. Government since 2008.
ORBCOMM was awarded a separate competitive contract to deliver AIS services to multiple other U.S. Government users.
ORBCOMM offers both satellite AIS data from its own constellation and terrestrial AIS from partner providers as a single source for AIS data.
ORBCOMM’s AIS data will be used in a maritime domain awareness software platform that supports key U.S. Department of Defense and Department of Homeland Security agencies and U.S. partner nations.
ORBCOMM positions the ST 2100 as delivering full coverage, affordable connectivity, enhanced reliability, and improved asset visibility to customers.
A footnote in the filing references Orbcomm’s pending acquisition by private equity firm GI Partners, Spire’s plans to go public via a SPAC, Kepler’s $60,000,000 Series B funding round, and Astrocast’s consideration of going public.
In October 2020, Inmarsat and Orbcomm extended their partnership to develop IoT, telematics, and other applications through at least 2035.
Orbcomm's product sales in the first quarter of 2021 increased 1.1% to $25,900,000 compared with the first quarter of 2020.
Orbcomm is under no-shop restrictions that limit its ability to seek alternative deals as the GI Partners transaction moves toward closing in the second half of 2021.
Orbcomm shipped 87,000 devices in the first quarter of 2021.
Orbcomm's adjusted EBITDA for the first three months of 2021 was $13,500,000 compared with $13,700,000 for the corresponding period in 2020.
Orbcomm's revenues for the first three months of 2021 were $63,700,000 compared with $66,200,000 for the first three months of 2020.
On 2021-05-10 Orbcomm did not receive any alternative proposals during its 30-day go-shop period following GI Partners' $1,100,000,000 acquisition offer.
The Orbcomm transaction gives Orbcomm until 2021-05-07 to seek a better offer.
The Federal Communications Commission granted Swarm a license in January 2019 to launch 150 satellites in a VHF band previously used only by Orbcomm.
Orbcomm is in the process of being sold to private equity firm GI Partners in a transaction valued at $1,100,000,000 including net debt.