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ORBCOMM and Inmarsat

ORBCOMM and Inmarsat partner to provide next-generation IoT service

ROCHELLE PARK, N.J., Nov. 03, 2020 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Internet of Things (IoT) solutions, and Inmarsat, the world leader in global mobile satellite communications, today have released a video recording of an interview with Marc Eisenberg, Chief Executive Officer of ORBCOMM, and Rupert Pearce, Chief Executive Officer of Inmarsat, to expand upon their enhanced partnership, which was announced in a press release on October 27, 2020. The interview is hosted by satellite industry expert Tim Farrar, President of TMF Associates.

The next phase of ORBCOMM and Inmarsats partnership extends their agreement to provide L-band satellite service through 2035 at a minimum. ORBCOMM and Inmarsat will also collaborate on a next-generation, global IoT service called OGx to offer the best-in-class combination of high bandwidth data packets with low-cost terminals, which is expected to be available in 2022. In addition, Inmarsat will distribute ORBCOMMs portfolio of OGx telematics devices globally through its extensive commercial and government sales channels as well as ORBCOMMs end-to-end IoT solutions for end user customers in multiple vertical markets.

By extending this long-term, successful partnership, ORBCOMM and Inmarsat can leverage their synergies to continue to deliver the industrys best satellite offering with the broadest geographic coverage, the most regulatory authorizations and the best value to an even broader customer base around the world.

Following are details to access the video interview:

ORBCOMMs web site:

Next-Generation Satellite IoT: Video Interview with ORBCOMM & Inmarsat CEOs

Inmarsats web site:

https://www.inmarsat.com/press-release/orbcomm-and-inmarsat-to-provide-next-generation-global-iot-service/

About ORBCOMM Inc.ORBCOMM (Nasdaq: ORBC) is a global leader and innovator in the industrial Internet of Things, providing solutions that connect businesses to their assets to deliver increased visibility and operational efficiency. The company offers a broad set of asset monitoring and control solutions, including seamless satellite and cellular connectivity, unique hardware and powerful applications, all backed by end-to-end customer support, from installation to deployment to customer care. ORBCOMM has a diverse customer base including premier OEMs, solutions customers and channel partners spanning transportation, supply chain, warehousing and inventory, heavy equipment, maritime, natural resources, and government. For more information, visit http://www.orbcomm.com.

About InmarsatInmarsat is the world leader in global, mobile satellite communications. It owns and operates the worlds most diverse global portfolio of mobile telecommunications satellite networks, and holds a multi-layered, global spectrum portfolio, covering L-band, Ka-band and S-band, enabling unparalleled breadth and diversity in the solutions it provides. Inmarsats long-established global distribution network includes not only the worlds leading channel partners but also its own strong direct retail capabilities, enabling end to end customer service assurance.

The company has an unrivalled track record of operating the worlds most reliable global mobile satellite telecommunications networks, sustaining business and mission critical safety & operational applications for more than 40 years. It is also a major driving force behind technological innovation in mobile satellite communications, sustaining its leadership through a substantial investment and a powerful network of technology and manufacturing partners.

Inmarsat operates across a diversified portfolio of sectors with the financial resources to fund its business strategy and holds leading positions in the Maritime, Government, Aviation and Enterprise satcoms markets, operating consistently as a trusted, responsive and high-quality partner to its customers across the globe. For further information, visit http://www.inmarsat.com follow us on LinkedIn or on Twitter @InmarsatGlobal.

Forward-Looking Statements Certain statements discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally relate to our plans, objectives and expectations for future events and include statements about our expectations, beliefs, plans, objectives, intentions, assumptions and other statements that are not historical facts. Such forward-looking statements, including those concerning the Companys expectations, are subject to known and unknown risks and uncertainties, which could cause actual results to differ materially from the results, projected, expected or implied by the forward-looking statements, some of which are beyond the Companys control, that may cause the Companys actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. In addition, specific consideration should be given to various factors described in Part I, Item 1A. Risk Factors and Part II, Item 7. Managements Discussion and Analysis of Financial Condition and Results of Operations, and elsewhere in our Annual Report on Form 10-K, and other documents, on file with the Securities and Exchange Commission. The Company undertakes no obligation to publicly revise any forward-looking statements or cautionary factors, except as required by law.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2c60dd5d-5996-41e9-815d-527f68b3056c

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Media Alert: ORBCOMM and Inmarsat Release Video Interview with Marc Eisenberg, CEO of ORBCOMM, and Rupert Pearce, CEO of Inmarsat - GlobeNewswire