KVH Ships Record Number of VSAT Units in First Quarter 2021
07 May 2021 - 2:13AM
KVH Industries, Inc., (Nasdaq: KVHI), announced today that it
shipped more than 500 VSAT satellite communications systems during
the first three months of 2021, marking the second consecutive
record quarter for VSAT shipments.
The company also announced that it had shipped more than 12,500
aggregate VSAT units since first introducing its mini-VSAT
BroadbandSM network and TracPhone® VSAT communications antenna
systems in 2007.
KVH’s recent record VSAT shipments come as the maritime industry
is adopting digitalization as a way to optimize operations, with
many fleets and commercial vessels migrating from slower legacy
L-band satellite communications systems to faster VSAT systems
operating on new high-throughput satellites (HTS).
The newly released “Prospects for Maritime Satellite
Communications, 2021,” by Euroconsult notes that KVH is the market
share leader by units in maritime VSAT as of the end of 2020.
Describing KVH’s recent success, KVH CEO Martin Kits van
Heyningen, says: “The increasing reliance on VSAT connectivity
throughout the maritime industry has increased the demand for our
TracPhone VSAT systems and connectivity and our commitment to
providing affordable airtime, fast data speeds, network security,
IoT proactive monitoring, and value-added services.”
KVH manufactures a complete line of advanced HTS antenna systems
designed for a wide range of yacht and vessel types. The 37 cm
diameter TracPhone V3-HTS and TracPhone V30 are fast, ultra-compact
Ku-band maritime VSAT antennas designed to deliver data speeds as
fast as 6 Mbps up/2 Mbps down; the TracPhone V7-HTS is a 60 cm
diameter Ku-band antenna designed to deliver data speeds as fast as
10 Mbps down/3 Mbps up; and the TracPhone V11-HTS is a 1 meter
Ku/C-band maritime VSAT antenna, designed to deliver worldwide data
speeds as fast as 20 Mbps down/3 Mbps up.
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
Broadband network, 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 KVH VSAT systems,
please visit kvh.com/connectivity. High-resolution images of KVH
products are available at the KVH Press Room Image Library,
kvh.com/Press-Room/Image-Library.
About KVH Industries, Inc.
KVH Industries, Inc., is a global leader in mobile connectivity
and inertial navigation systems, with innovative technology
designed 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.
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, mini-VSAT Broadband, TracPhone, TracVision,
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
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