KVHI KVH Industries Inc

KVH Industries, Inc., (Nasdaq:KVHI) expanded the capacity of its mini-VSAT Broadbandsm network with two major upgrades recently, supporting growing customer demand for broadband at sea. One expansion added a new satellite beam that doubled the mini-VSAT Broadband network capacity in the North Atlantic Ocean region, including Canada’s Hudson Bay. The second expansion added a new beam across Europe, the Middle East, and Africa to add 30% more capacity across areas such as the North Sea and the Mediterranean Sea.

With 25 transponders (22 Ku-band and 3 C-band) on 18 satellites, KVH’s mini-VSAT Broadband network serves customers worldwide and is the leading maritime VSAT service by market share, according to an independent industry report*. Commercial and recreational mariners use the mini-VSAT Broadband network for broadband services that include Voice over Internet Protocol (VoIP); VPN access; and a suite of news, television, movie, sports, and music content that is multicast to vessels via KVH’s IP-MobileCastTM service. The network also supports the IP-MobileCast delivery of onboard training, weather data, and chart update services that reduce operational expenses and improve safety and security.

The North Atlantic expansion is in response to customer demand from coastal recreational users and commercial vessels transiting between the United States, Canada, and Europe. The expansion across Europe and the Middle East reflects the increased demand onboard a variety of commercial vessels for fast and reliable broadband services at sea in those areas.

“Our customers are in need of faster speeds, more content, and affordable service, and we continue to enhance what is already the world’s leading maritime VSAT network,” says Brent Bruun, KVH executive vice president for mobile broadband. “Our network is stronger than ever before in these heavily traveled waterways. KVH’s strategy of adding capacity when and where it’s needed while leveraging cutting-edge satellites and technology continues to deliver the best user experience in the industry.” 

Global connectivity is just one element in KVH’s complete maritime communications solution, known as mini-VSAT Broadband 2.0. In addition to connectivity, KVH provides TracPhone® V-IP series satellite communications antenna systems; airtime rate plans offering top network speeds at lower costs; the myKVHTM portal for transparent bandwidth management; entertainment and operations content delivered by IP-MobileCast; and, global services and support through KVH OneCareTM.

Note to Editors: For more information, please visit the mini-VSAT Broadband 2.0 website, www.minivsat.com/one. High-resolution images of KVH products are available at the KVH Press Room Image Library, www.kvh.com/press-room/image-library.

*KVH is the world’s No. 1 maritime VSAT supplier as measured by vessels equipped with mini‑VSAT Broadband service, according to the COMSYS Maritime VSAT Report, 4th Edition, March 2015.

About KVH Industries, Inc.

KVH Industries is a leading provider of in-motion satellite TV and communications systems, having designed, manufactured, and sold more than 175,000 mobile satellite antennas for applications on vessels, vehicles, and aircraft. KVH is also a leading news, music, and entertainment content provider to many industries including maritime, retail, and leisure. VideotelTM, a KVH company, is the market-leading provider of training films, computer-based training and e-Learning. KVH is based in Middletown, RI, with research, development, and manufacturing operations in Middletown, RI, and Tinley Park, IL. The company’s global presence includes offices in Belgium, Brazil, Cyprus, Denmark, Hong Kong, Japan, the Netherlands, Norway, Singapore, and the United Kingdom.

This press release contains forward-looking statements that involve risks and uncertainties.  For example, forward-looking statements include statements regarding the timing and occurrence of new product and service rollout plans; the functionality, characteristics, quality and performance of KVH’s products and services; anticipated innovation and product development; and customer preferences, requirements and expectations. The actual results could differ materially from the statements made in this press release.  Factors that might cause these differences include, but are not limited to: potential unanticipated technical or legal impediments that could delay or impede new product and service rollout plans; unanticipated declines or changes in customer demand, due to economic, seasonal, and other factors, including new pricing models, particularly with respect to the TracPhone V-IP series; recent increases in airtime termination rates and lower unit sales in our mobile broadband business; increased price and service competition in the mobile communications market; potential reduced sales to companies in or dependent upon the oil industry as a result of declining oil prices; and unanticipated expenses associated with the launch of the IP-MobileCast service. These and other factors are discussed in more detail in KVH’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 9, 2015. KVH does not assume any obligation to update its forward-looking statements to reflect new information and developments, except as required by law.

KVH, IP-MobileCast, TracPhone, myKVH, KVH OneCare, and Videotel are trademarks of KVH Industries, Inc. mini-VSAT Broadband is a service mark of KVH Industries, Inc.

 

For further information, please contact:
Jill Connors, Media & Communications Manager
KVH Industries, Inc.
Tel: +1 401 851 3824
jconnors@kvh.com