KVH Unloads Videotel for $90m
KVH Industries, Inc., (Nasdaq: KVHI) sold its maritime training business, the Videotel group of companies, to an affiliate of Oakley Capital for a base purchase price of $90 million, on a cash-free, debt-free basis, subject to working capital adjustments. The Videotel group of companies includes Super Dragon Ltd., Videotel Marine International Ltd., Videotel Training Services Ltd., Videotel Consultants and Rentals Ltd., Videotel Marine Asia Ltd., and Videotel Pte Ltd.“As part of our long-term strategic roadmap…
KVH VSAT Shipping Reaches Milestone
KVH Industries shipped its 9,000th mini-Very Small Aperture Terminal (VSAT) Broadband system."The milestone highlights KVH’s position as a maritime VSAT market share leader providing satellite broadband connectivity to vessels around the world," said a press release from the US-based manufacturer of mobile satellite communications solutions.KVH’s TracPhone V-series antenna systems are designed to provide satellite broadband connectivity to commercial and personal vessels globally…
KVH Industries Bullish on AgilePlans
The provider of mobile connectivity and inertial navigation systems KVH Industries said that it innovative Connectivity as a Service (CaaS) program, 'AgilePlans', is fast-growing choice of global maritime fleets."Increased demand for the AgilePlans subscription-based Connectivity as a Service (CaaS) program from KVH Industries has been the driving force behind the company’s unprecedented growth in VSAT unit deployments during the first six months of 2018, a timeframe when the maritime industry has been increasing its drive toward digitalization…
KVH Ships 8,000th Mini-VSAT System
KVH Industries, Inc. announced that it recently shipped its 8,000th mini-VSAT Broadbandsm system. The TracPhone V-series satellite communications antenna systems utilize advanced satellite technology, including the latest high throughput satellites (HTS), to meet the growing demand for more onboard broadband connectivity.“Our newest HTS systems are in high demand throughout the maritime industry, and build on the strength and reputation of our entire product line,” said Martin Kits van Heyningen, KVH’s chief executive officer.
For Seafarers, Net Access is a Must -Report
The Crew Connectivity 2018 Survey Report, sponsored by KVH Industries and Intelsat, shows digital transformation underway in the maritime industry. Roger Adamson, Futurenautics Maritime’s chief executive officer, presented to a London audience yesterday the key findings from his research organization’s newly released Crew Connectivity 2018 Survey Report, sponsored by KVH Industries, Inc. and Intelsat S.A. The report is based on a survey of 6,000 serving seafarers, the largest…
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…
KVH TracPhone V7-HTS System Delivers Maritime Broadband
An advanced, 60 cm marine satellite antenna system designed to consistently deliver the fastest data speeds globally to the maritime market will be unveiled tomorrow by KVH Industries, Inc., at the Fort Lauderdale International Boat Show, in Florida. The TracPhone V7-HTS achieves data download speeds of up to 10 Mbps, three times faster than current 60 cm models on the market, including KVH’s own system, and fast enough to enable the streaming of HD-quality content at sea. In addition…
Growing the KVH Empire
From humble beginnings KVH has evolved rapidly to become a central player in the maritime world’s global Big Data revolution. Maritime Reporter & Engineering News caught up with Martin Kits van Heyningen in Oslo for his take on KVH’s current position and future direction. “We certainly didn’t envision that we would be in the high-speed satellite broadband business when we started,” is how Kits van Heyningen, President, Chief Executive Officer, and Chairman of the Board, KVH, succinctly summarizes the biggest difference between the company he founded in 1982 versus the one he leads today.
KVH Debuts Connectivity as a Service Offering
KVH Industries, Inc. has launched a new all-inclusive Connectivity as a Service (CaaS) offering for the maritime industry, AgilePlans by KVH. For a single monthly fee, AgilePlans by KVH brings an advanced satellite communications solution onboard without a costly capital expenditure or long-term commitment. The subscription fee is as low as $499/month for a complete package including hardware, connectivity, installation at select ports, entertainment and training content and global support. The AgilePlans by KVH subscription model is designed to deliver everything a fleet needs for better communications and improved operational efficiency at sea.
KVH Ships 7,000th mini-VSAT Broadband System
KVH Industries, Inc. has shipped more than 7,000 mini-VSAT Broadbandsm systems, designed and manufactured by KVH to provide mobile connectivity at sea. The TracPhone V-series satellite communications antenna systems are currently in use on everything from small recreational sailboats cruising the coastline to 1,000-foot commercial freighters transiting the world’s oceans. KVH launched the mini-VSAT Broadband service in July 2007, and has seen the popularity of the service grow, coinciding with an overall trend in the maritime industry toward increased reliance on broadband connectivity. As recently as September 2016, industry analyst Northern Sky Research reported that KVH’s mini-VSAT Broadband customers account for 29 percent of the vessels using Ku-band service.
Woodhead Appointed Sr V. P., Training & Content, KVH
KVH Industries, Inc. (Nasdaq: KVHI), announced today that Mark Woodhead has been named to the newly created position of KVH senior vice president for training and content, effective on the first of January 2017. In this position, Mr. Woodhead will direct KVH’s market-leading maritime crew welfare, safety, and productivity services, which include Videotel maritime training packages – currently in use on more than 12,000 vessels worldwide – and numerous news and entertainment brands, such as NEWSlink – currently used by more than 9,000 vessels globally. Mr.
Major Commercial Fleets Commit to New KVH Broadband Airtime Plans
MIDDLETOWN, RI – September 12, 2016 – KVH Industries, Inc., (Nasdaq: KVHI), is driving a sea change in the way that global maritime fleets are using broadband at sea. The company’s usage-based airtime plans now represent a majority of users on KVH’s global satellite network, mini-VSAT Broadbands, which continues to be the market share leader in maritime VSAT. In recent months, many of KVH’s largest and most important fleet customers have chosen usage-based plans—including Open plans, the newest set of usage-based airtime plans offered by KVH.
KVH's Zika Virus Safety Video for Mariners
KVH Industries, Inc., (Nasdaq: KVHI), announced today that it is offering Videotel’s new safety and training video about the Zika virus free to all mariners worldwide. The goal of the program is to increase awareness of the vitally important prevention measures that can keep seafarers and their colleagues and families safe. The World Health Organization (WHO) declared the Zika virus a public health emergency earlier this year. Given the global nature of the maritime industry, it is imperative that seafarers take precautions to prevent further spread of the disease.
KVH Dominates Global Maritime VSAT Market
KVH Industries, Inc., (Nasdaq: KVHI), announced that as of the end of 2015, it had shipped more than 6,000 TracPhone® satellite communications antenna systems for the mini-VSAT Broadbandsm network. This milestone reaffirms the company’s top market share position in the maritime VSAT industry by vessels in service, a benchmark noted in the COMSYS Maritime VSAT Report, 4th Edition, March 2015. The company also announced that it recently expanded the capacity on its global mini-VSAT Broadband network, which provides essential connectivity to vessels around the world.
KVH Debuts mini-VSAT Broadband 2.0
At London International Shipping Week held in September, KVH Industries, Inc. introduced the second generation of its mini-VSAT Broadband solution for the maritime market, providing a combination of data delivered at high speeds and at low price points, with vessel operational and crew entertainment/informational content, tools, and support, optimizing broadband effectiveness in serving the needs of seafarers. Tom Mulligan reports. Based in Middletown, RI, KVH Industries is a provider of in-motion satellite TV and communications systems…
Unmanned Vessels: The Future is Now
There is a global boom in the development of unmanned systems, from below the ocean’s surface to high in the sky to the world’s roads. Add to this list the maritime industry, on both military and civilian vessels. Maritime Reporter & Engineering News examines in depth recent developments taking place in Europe to discover general thoughts and technical trends driving the future of unmanned shipping. The joint European Research Project MUNIN was finalized in August 2015, a project…
KVH Increases Mini-VSAT Broadband Network Capacity
KVH Industries, Inc. has completed several capacity increases for its mini-VSAT Broadband network to support heightened demand from customers engaged in a wide range of commercial maritime activities around the world, including offshore oil and gas, fishing, and shipping, the company announced today. Utilizing 17 satellites and 24 transponders to provide global coverage, KVH’s mini-VSAT Broadband is the most extensive C/Ku-band maritime VSAT network in the world, and is designed for rapid expansion by accessing abundant commercial satellite capacity.
Inmarsat, KVH Industries Sign Reciprocal Distribution Agreement
Inmarsat and KVH Industries, Inc., today announced the signing of a reciprocal distribution agreement with immediate effect. Under the agreement, KVH becomes a non-exclusive, global distributor of Inmarsat’s Fleet One and FleetBroadband services, and Inmarsat becomes a non-exclusive distributor across all vessel types for KVH’s VideotelTM Basic Training Package, as well as for its NEWSlinkTM newspapers within the leisure and non-passenger merchant vessel segments, which will be offered as enhancements to Inmarsat’s Fleet Media service.
Using Key Data to Remain Competitive
The future competitiveness of the maritime industry will be affected by how rapidly shipping operators take advantage of big data, according to one of the world’s leading suppliers of satellite communications to the maritime industry. Martin Kits van Heyningen, CEO of KVH Industries, Inc., (Nasdaq: KVHI), spoke at the Maritime CIO Forum at Nor-Shipping in Oslo, addressing technology issues faced by maritime leaders. “Probably the most important thing for maritime managers to do is make big data a priority,” Mr. Kits van Heyningen said.
Making Data a Priority is Key
During a conference in Oslo, KVH CEO Martin Kits van Heyningen urged maritime operators to utilize big data in order to remain competitive. The future competitiveness of the maritime industry will be affected by how rapidly shipping operators take advantage of big data, according to one of the world’s leading suppliers of satellite communications to the maritime industry. Martin Kits van Heyningen, CEO of KVH Industries, Inc., spoke at the Maritime CIO Forum at Nor-Shipping in Oslo, addressing technology issues faced by maritime leaders. “Probably the most important thing for maritime managers to do is make big data a priority,” Kits van Heyningen said. “It’s important to adopt a big data mindset, even if you don’t think of yourself as a data company.
MN 100: KVH Industries, Inc.
KVH Industries is a manufacturer of solutions that provide global high-speed Internet, television, and voice services via satellite to mobile users at sea and on land. These solutions include the mini-VSAT Broadband network, TracPhone satellite communications antenna systems, and TracVision satellite television antenna systems. KVH is based in Middletown, RI, with research, development, and manufacturing operations in Middletown, RI, and Tinley Park, IL. KVH’s mission is to connect in-motion customers…
The Maritime Launch of Big Data
It’s no coincidence that Class standard bearer DNV GL’s incoming group chief exec, Remi Eriksen, is a former telecoms engineer who knows his way around Houston (IT) and Singapore (yards). After all, the satellite communications industry understands shipping. The reverse should also be true. Speaking ahead of his first day as CEO, Eriksen describes a future of “fast ships and slow growth” — not bandwidth growth, mind you. Satellite operators, network providers and other vendors are eying broadband for Big Data transfers.
Ebola Safety Video Launched for Mariners
KVH Industries, Inc. is offering Videotel's new video about Ebola safety free to all mariners worldwide in an effort to increase awareness of the prevention measures that can help keep seafarers safe. KVH has created a website, www.kvh.com/EbolaSafety, for mariners to download the free video and an accompanying workbook. In addition, KVH delivered the video program to its IP-MobileCast customers on vessels across the globe, who will automatically receive the video for immediate viewing onboard.