KVH signs agreement to lease satellite capability

Author:
Updated:
Original:

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.

Click here for the full release.

Related

A Record Q2 for Brunswick

With strong global demand in all its business segments, Brunswick Corp. reported another stellar quarter, posting a 57 percent jump in net sales.

OneWater Adds PartsVu

The online marketplace for marine parts, accessories and electronics posted $25 million in sales over the last year.

Groupe Beneteau Updates Revenue Forecasts, More

The builder saw gains in its boat and luxury-home sectors and made several acquisitions, including a majority stake in Dream Yacht Group.

Golden Manufacturing Expands

The fabricator of aluminum boat lifts and aluminum and concrete floating docks adds 18,000 square feet to its Fort Myers, Fla., headquarters.

GetMyBoat Takes You to the Movies

The boat rental marketplace site teams with Disney’s Jungle Cruise for a contest to win a boat trip or movie tickets.

ConMar Adds to Sales Team

The manufacturers’ representatives add industry vet Brain Steele.

Will Canada Reopen to Boaters?

Set to open its borders to fully vaccinated U.S. residents next month, our neighbor to the north could be facing a strike by Canadian border guards and customs officials. Plus, the Great Lakes welcomes a newly designated marine sanctuary.