KVH Introduces TracPhone LTE-1 Global Cellular Marine Communications Solution for Offshore Internet Access
16 June 2021 - 8:30PM
KVH Industries, Inc., (Nasdaq: KVHI), announced today that it has
introduced the TracPhone® LTE-1 Global marine communications system
designed to provide recreational boaters and commercial mariners in
more than 150 countries with Internet access up to 20 miles
offshore. The system utilizes LTE Advanced (LTE-A) cellular network
technology, which is faster than regular 4G LTE, and builds on
KVH’s award-winning U.S.-only TracPhone LTE-1, which was introduced
in 2018.
With its ultra-compact 34 cm (13.5 inch) dome, the TracPhone
LTE-1 Global is suitable for small and mid-size recreational boats
such as sailboats, center console boats, and sportfishers as well
as smaller commercial fishing and work boats that often rely solely
on cellphones for Internet access close to shore. The TracPhone
LTE-1 Global is designed to enable various applications for mobile
connectivity, such as streaming HD videos and music; Wi-Fi-based
voice, messaging, collaboration, and video applications; browsing
the Internet; and posting on social media—all while offshore.
“With our LTE-1 Global, vessels in more than 150 countries—from
a center console in Fort Lauderdale to a fishing fleet in southeast
Asia—can experience Internet access farther offshore than would be
possible with their cell phones alone,” says Brent Bruun, chief
operating officer for KVH. “The affordable, easy-to-install system
means boaters can enjoy their connected lives while on the water
and marine operators can optimize their businesses.”
Designed for a fast, affordable, and reliable extended-range
mobile Internet experience, the TracPhone LTE-1 Global features a
dual high-gain antenna array, modem, GPS, and Wi-Fi inside the
dome, with a multi-carrier SIM to allow switching and roaming
between LTE-equipped carriers. A single cable connects the antenna
to a belowdecks Power-over-Ethernet (PoE) injector to provide power
to the system. The TracPhone LTE-1 Global supports wireless and
wired connectivity with integrated Wi-Fi and belowdecks LAN port so
multiple people onboard can use their personal devices to access
the Internet with the TracPhone LTE-1 Global.
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, 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 TracPhone LTE-1
Global, please visit kvh.com/lte; for a dynamic coverage map
showing destination zones and country pricing, visit
kvh.com/lteglobalzones. 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.
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 the LTE-1 Global system,
expected data speeds over the cellular LTE networks for this
system, expected benefits to KVH customers, and the expected level
of coverage provided by LTE carriers. 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 with LTE service providers; potential failure of service
providers to provide global LTE-A coverage; potential demand for
data services beyond current expectations, which could exceed
system capabilities in certain regions and reduce the
attractiveness of the system; the potential introduction of
competing systems, which could reduce demand for the LTE-1 Global
system; potential insufficient demand at offered prices;
unanticipated technical, legal, and regulatory delays with the LTE
carriers, which are beyond KVH control; competition for cellular
capacity, which over time could increase costs and decrease service
availability; and unanticipated expenses. Certain of these and
other risk factors are discussed in more detail in KVH’s Quarterly
Report on Form 10-Q filed with the SEC on May 5, 2021. Copies are
available through KVH’s 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, 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