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KVH signs agreement to lease satellite capability - Trade Only Today

KVH signs agreement to lease satellite capability

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KVH Industries Inc. of Middletown, R.I., has signed a multiyear agreement with SKY Perfect JSAT Corp. to lease satellite capacity on its JCSAT-1B and the new Intelsat-15 satellites.

These satellites will provide mini-VSAT Broadband service coverage in Asia Pacific waters and in the Indian Ocean, respectively, starting late in the third quarter of 2009 and early in 2010, respectively.

In addition, the companies will pursue hardware and mini-VSAT Broadband airtime sales in the Asia Pacific maritime market with SP-JSAT granted exclusive rights for sales to Japanese-flagged and Japanese-owned vessels while KVH will focus on all other vessels in the region.

With the activation of mini-VSAT Broadband in Asian waters and in the Indian Ocean, commercial and leisure vessels will be able to circumnavigate the globe without leaving the mini-VSAT coverage area.

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