KVH Partners with Kilo Marine for KVH Watch Maritime IoT Solution
14 January 2021 - 9:00PM
KVH Industries, Inc., (Nasdaq: KVHI), announced today that marine
technical services leader Kilo Marine has joined the KVH Watch®
Solution Partner program and will offer KVH Watch connectivity as
part of a wide range of marine services. In particular, the digital
services that Kilo Marine offers via its V-Node platform will use
KVH Watch to provide dedicated connectivity and on-demand Remote
Expert Intervention, allowing highly skilled Kilo Marine
technicians to support their customer base anywhere around the
world. Kilo Marine’s V-Node is a powerful IoT data acquisition tool
offering intelligent data processing/sampling at source and
compatibility with a wide range of electrical data formats.
“The unique combination of V-Node and KVH Watch
will deliver an affordable and managed IoT infrastructure for
shipowners and managers with the added benefit of real-time
analytics and direct on-demand video interventions for
troubleshooting, vetting, audits, and more,” says Warren Haills,
managing director of Kilo Marine.
“The ability to do field service remotely is becoming more and
more important every day and we are pleased that the experts at
Kilo Marine have chosen KVH Watch as one of their solutions for
dedicated connectivity to enable remote monitoring, service, and
intervention,” says Sven Brooks, senior director of IoT business
development for KVH.Remote support at sea is particularly relevant
during the COVID-19 pandemic and for the future of the digital ship
as maritime operators seek increased operating efficiencies by
adopting a range of digital processes. However, many multicard
maritime service providers today must rely on in-port service calls
due to lack of connectivity while the vessel is at sea. Dedicated
satellite connectivity enables multicard service providers to
perform real-time remote support and video interventions while the
vessel is at sea.KVH Watch is an IoT Connectivity as a Service
solution that provides Flow, secure 24/7/365 machine-to-cloud
satellite connectivity for remote monitoring of onboard equipment
plus the ability to perform on-demand Remote Expert Interventions
using video, voice, or text via KVH’s global HTS network. KVH Watch
is designed for maritime equipment manufacturers, multicard service
providers, and shipyards seeking affordable monthly
subscription-based connectivity that L-band and cellular services
cannot deliver at deep sea.
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
Broadbandsm network, KVH Watch maritime IoT solutions, and
AgilePlans® Connectivity as a Service (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 about the KVH Watch
Solution Partner program, please visit kvh.com/watch.
High-resolution images of KVH products are available at the KVH
Press Room Image Library, kvh.com/Press-Room/Image-Library.
About Kilo Marine
Kilo Marine is a leading marine technical services provider for
deep sea vessels. With a team of factory trained engineers
throughout the UK and an extensive network of service providers,
representing all major manufacturers, throughout the world, Kilo
Marine is known for providing first class service support,
24/7.
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 competitive advantages of KVH Watch, the anticipated
strategic relationship between Kilo Marine and KVH, the
functionality, characteristics, quality, and performance of KVH’s
and Kilo Marine’s products, services, and technology, as well as
customer demand, preferences, requirements, and expectations.
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 during beta testing and
customer trials of the KVH Watch service; unanticipated technical,
legal, and regulatory delays with the launch of the new services;
delays in the receipt of anticipated orders for our KVH Watch
service, or the potential failure of such orders to occur at all;
potential future decisions by Kilo Marine to terminate or otherwise
not expand orders for the KVH Watch service; customer response to
KVH Watch; potential changes in market trends, competition and
other developments affecting the buying patterns of end-users of
maritime IoT solutions; and potential unforeseen costs or expenses
of providing the products and services included in KVH Watch
subscriptions. These and other factors are discussed in more detail
in KVH’s Form 10-Q filed with the SEC on October 29, 2020. Copies
are available through its Investor Relations department and
website, https://ir.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, KVH Watch, TracPhone, TracVision, mini-VSAT
Broadband, AgilePlans, NEWSlink, and SPORTSlink. All other
trademarks are the property of their respective companies.
For further information, please
contact:Jill ConnorsSr. Manager, Media & Industry
Analyst RelationsKVH Industries, Inc.Tel: +1 401 851
3824jconnors@kvh.com
KVH Industries (NASDAQ:KVHI)
Historical Stock Chart
From Jun 2024 to Jul 2024
KVH Industries (NASDAQ:KVHI)
Historical Stock Chart
From Jul 2023 to Jul 2024