Sjc News

SKY Perfect JSAT to Invest $4.5 Mln in KVH

KVH Industries, Inc., announced today that its longtime satellite capacity partner SKY Perfect JSAT Corporation (SJC) has agreed to invest $4.5 million in KVH as part of the two companies’ ongoing commitment to deliver next-generation maritime broadband services. KVH and SJC intend to collaborate on value-added services in the area of shipping digitalization and improved broadband access at sea. SJC agreed to purchase $4.5 million of KVH common stock in a private placement at a purchase price of $11.95 per share…