Kvh Industries (KVHI) 13.62 $KVHI
KVH Doubles mini-VSAT Broadband Network Capacity in Africa to Support Offshore Oil and Gas Industry
GlobeNewswire - Tue May 06, 9:28AM CDT
KVH Industries, Inc., (Nasdaq:KVHI) has doubled the capacity of its mini-VSAT Broadband network in the oil- and gas-rich areas off the West African coast, where maritime traffic and customer demands are surging. This additional Ku-band capacity, which became available in April, addresses demand in an area where offshore supply vessels (OSVs) are the critical link between drilling rigs, cargo ships, and operations on shore.
KVH Industries Reports First Quarter 2014 Results
GlobeNewswire - Wed Apr 30, 6:16AM CDT
KVH Industries, Inc., (Nasdaq:KVHI) today reported financial results for the first quarter ended March 31, 2014. Revenue for the first quarter of 2014 was $37.0 million, down 7% from the quarter ended March 31, 2013. A net loss for the period of $1.1 million, or $0.07 per share was reported. During the same period last year the company reported net income of $2.0 million or $0.13 per diluted share on revenues of $39.9 million.
KVH Industries to Host First Quarter Conference Call on April 30, 2014
GlobeNewswire - Wed Apr 23, 6:30AM CDT
KVH Industries, Inc., (Nasdaq:KVHI) will announce its financial results for the first quarter that ended March 31, 2014, on Wednesday, April 30, 2014. In conjunction with the release, the company will conduct its investor conference call at 10:30 a.m. ET, hosted by Mr. Martin Kits van Heyningen, chief executive officer, and Mr. Peter Rendall, chief financial officer.
Anneley Pickles Joins KVH to Advance Crewtoo Business Development Efforts
GlobeNewswire - Tue Apr 22, 6:32AM CDT
KVH Industries, Inc., (Nasdaq:KVHI) announced today that Ms. Anneley Pickles has joined the company as Head of Business Development for the Crewtoo social network, the world's largest online network dedicated to seafarers. One of her first priorities is overseeing Crewtoo Jobs, the online maritime jobs board that was launched last month to help match the right companies with the best seafarers.
KVH Film Considered for Prestigious Maritime Safety Award
GlobeNewswire - Fri Apr 11, 9:23AM CDT
KVH Industries, Inc., (Nasdaq:KVHI) is pleased to announce that its 2013 film "The Human Element" has been selected as a finalist for the "Safety at Sea" category in the prestigious Seatrade Awards. Established in 1989, the Seatrade Awards recognize those in the shipping industry who have demonstrated innovative solutions for safe, efficient, and environmental operation, and whose actions are in keeping with the goals and objectives of the International Maritime Organization (IMO). Chaired by IMO Secretary-General Koji Sekimizu, the judging panel will announce its final decision at a gala dinner on April 14, 2014, in London.
2014 FIFA World Cup(TM) Coverage to be Available to Merchant Maritime Customers via KVH's Satellite Network
GlobeNewswire - Wed Apr 09, 3:30PM CDT
KVH Industries, Inc., (Nasdaq:KVHI) has come to an agreement with IMG Media to distribute video content of the 2014 FIFA World Cup (TM) to merchant ships. KVH will deliver coverage of the month-long tournament, which takes place in Brazil this summer, via KVH's satellite network to merchant maritime customers, with the exception of passenger vessels, cruise ships, and ferries.
Candice Pascal Joins KVH to Manage Relationships With Content Providers
GlobeNewswire - Tue Apr 08, 8:40AM CDT
KVH Industries, Inc., (Nasdaq:KVHI) announced today that Candice Pascal has joined KVH as Vice President, Content Acquisition, to head the company's efforts in managing commercial maritime distribution rights for entertainment content. Ms. Pascal, an experienced licensed-content executive based in Los Angeles, becomes KVH's key person for securing and managing rights to the studio and independent film and television content that will be delivered via KVH's new IP-MobileCast content delivery service.
Digital Compass Trends
M2 - Fri Apr 04, 9:54AM CDT
Research and Markets (http://www.researchandmarkets.com/research/stjp25/digital_compass) has announced the addition of the "Digital Compass Trends" report to their offering. Digital compass is a small compact device with integrated sensors such as MEMS based magnetometer that helps determine geographic direction by detecting the earth's magnetic field. With the modern world revolving round mobility, digital compass is increasingly becoming a standard component in most handheld electronic devices like watches, smartphones, tablets, and GPS devices, among others. The report analyzes and presents an overview of Digital Compass market worldwide. Supported with 3 market data tables, the report in addition, provides global market estimates and projections for digital compass in US dollars and units for years 2012 through 2017. The report also discusses the launch of digital compasses by leading manufacturers including Robert Bosch, ST Microelectronics, Asahi Kasei Microdevices and others witnessed by the industry over the last few years. In addition, 34 companies operating in the Digital Compass arena worldwide are profiled. Key Topics Covered: 1. DIGITAL COMPASS - A MARKET OVERVIEW An Overview Emergence of Digital Compass History and Evolution Comparison of a Digital Compass with GPS 2. KEY PLAYERS 3. RECENT INDUSTRY ACTIVITY - Bosch Sensortec Launches Second Generation Electronic Compass BMC150 - InvenSense Launches MPU-9250 MotionTracking Device - AKM Launches 3-Axis Compass, the AK8963C for Portable Appliances - AKM launches the AK8978, its new 6-axis e-compass - Dexter Industries Introduces DCompass for Lego Mindstorms - Sparton Introduces Adaptnavinit Application for GEDC-6 Compass - Baolab Unveils low-Cost 3D MEMS Compass - Ocean Server Launches Digital Compasses - AKM Launches Compact 3-axis Compass AK8975B - STMicroelectronics Launches Digital Compass Module 4. MARKET PARTICIPANTS - Aichi Steel Corporation - Asahi Kasei Microdevices - Baolab Microsystems, S.L - BARIGO Barometerfabrik GmbH - Bell Automotive Products, Inc. - Brunton Outdoor Group - Bushnell Outdoor Products - Celestron LLC - Coghlan's Ltd. - DDK Science & Technology Co., Ltd. - Fuzhou Evertop Electronic Co., Ltd. - Garmin Ltd. - Geomaster Group - Honeywell International, Inc. - Honeywell Magnetic Sensors - Konus Italian Group SpA - Kusaba Engineers Pvt., Ltd. - KVH Industries, Inc. - New C & A Practice Instrument Co., Ltd. - Ningbo Hongyuan Plastic Co., Ltd. - OceanServer Technology, Inc. - Pentax Ricoh Imaging Co., Ltd. - PNI Sensor Corporation - PT. Eigerindo Multi Produk Industri - Robert Bosch GmbH - RoboSail Systems BV (The Netherlands) - Silva Sweden AB - Sparton Corporation - Sunroad Technology Ltd. - STMicroelectronics 5. APPENDIX For more information visit http://www.researchandmarkets.com/research/st...al_compass
KVH Mini-VSAT Broadband Network Increases Lead in Maritime VSAT Market Share -- Euroconsult Report
GlobeNewswire - Thu Apr 03, 8:20AM CDT
The mini-VSAT Broadband service from KVH Industries, Inc., (Nasdaq:KVHI) increased its dominance of the maritime VSAT market according to the latest edition of a report from Euroconsult, the leading global consulting firm specializing in space markets. "Maritime Telecom Solutions by Satellite: Global Market Analysis & Forecasts, 3 Edition," released last week, reports that KVH's share of the industry's 11,000 activated maritime VSAT terminals is 26%, up from 16% two years ago. In the new analysis, KVH's market share was reported to be double that of its next closest competitor [see graph].
RHL Hamburger Lloyd Tanker Selects KVH Mini-VSAT Broadband to Provide Global Broadband Service for Tankers
GlobeNewswire - Thu Mar 27, 9:30AM CDT
To meet growing bandwidth usage and Internet demand onboard its tanker fleet, RHL Hamburger Lloyd Tanker GmbH & Co. KG, of Hamburg, Germany, an international shipping company known for managing sophisticated, innovative tankers, has chosen KVH Industries, Inc., (Nasdaq:KVHI) for its mini-VSAT Broadband satellite communications solution. Twelve oil and chemical tankers will be outfitted with KVH's TracPhone V7-IP satellite antenna systems in the next month, with a potential for 16 additional container vessels to receive KVH systems.
KVH Adds Four New Marine Satellite TV Antenna Systems to Its Award-Winning TracVision Line
GlobeNewswire - Thu Mar 20, 6:00AM CDT
With an IP-enabled belowdecks hub and device-friendly user interface, the four new antenna systems of the TracVision TV-series are designed for superior TV performance and ease of use on yachts and merchant vessels worldwide
Crewtoo launches online maritime jobs board
M2 - Wed Mar 19, 7:43AM CDT
Crewtoo said it has launched an online maritime jobs board as a direct response to requests from its members, who have continuously pinpointed recruitment as one of their main priorities.
Crewtoo Social Media Site Launches Online Maritime Jobs Board
GlobeNewswire - Tue Mar 18, 10:31AM CDT
Crewtoo, the world's largest online network dedicated to seafarers, has launched an online maritime jobs board as a direct response to requests from its members, who have continuously pinpointed recruitment as one of their main priorities. Crewtoo, which has more than 100,000 members and was founded by KVH Media Group, part of KVH Industries, Inc., (Nasdaq:KVHI), premiered the service yesterday in Stamford, Connecticut, at Shipping 2014, the annual shipping conference and exhibition of the Connecticut Maritime Association.
Crewtoo Social Media Site for Seafarers Exceeds 100,000 Members
GlobeNewswire - Mon Mar 17, 10:57AM CDT
Crewtoo, the world's largest online network dedicated to seafarers, has surpassed 100,000 members just 16 months after it was founded by KVH Media Group, part of KVH Industries, Inc., (Nasdaq:KVHI). The online network gives seafarers a way to post comments and photographs from their vessels, chat with colleagues on other ships, take part in seafarer-related polls and votes, and keep up with maritime news.
KVH Industries' CEO & CFO to Speak at Raymond James Investor Conference
GlobeNewswire - Tue Mar 04, 6:11AM CST
KVH Industries, Inc., (Nasdaq:KVHI) chief executive officer, Martin Kits van Heyningen, and chief financial officer, Peter Rendall, will be speaking at the 35 Annual Institutional Investors Conference in Orlando, Florida, on Wednesday, March 5, 2014. The presentation, which is scheduled for 12:10 p.m., will be simulcast on the Internet and can be accessed via KVH Industries' investor website, investors.kvh.com. An audio archive of the presentation will also be available for replay later in the day at the same website address.
KVH Industries 2013 revenue up 18%
M2 - Mon Feb 24, 8:06AM CST
KVH Industries, Inc. (NASDAQ: KVHI) said its revenue for the fourth quarter of 2013 was USD38.9m, down two percent from the quarter ended December 31, 2012.
KVH Industries Reports Fourth Quarter and Full Year 2013 Results
GlobeNewswire - Thu Feb 20, 6:00AM CST
-- Record full year 2013 revenues; $162.3 million
Global Satellite Communication in the Oil and Gas Industry 2014-2018: Harris CapRock, Inmarsat, KVH, Rignet & Vizada Dominate the Industry
M2 - Wed Feb 19, 9:48AM CST
Research and Markets (http://www.researchandmarkets.com/research/65mqlk/global_satellite) has announced the addition of the "Global Satellite Communication Market in the Oil and Gas Industry 2014-2018" report to their offering. Currently, almost 135 UDW rigs are being operated in the Atlantic Ocean. The number of UDW rigs is expected to reach 220-230 units by 2018. Geographically, these rigs will be placed in very risky offshore locations such as in the Indian Ocean, the Pacific Ocean nearer to China, and the Atlantic Ocean nearer to Canada and Greenland. UDW is a very complex exploration process that requires very high safety as well as efficient operational performance. In addition, it requires a large amount of integrated real-time process automation associated with high risks. Hence, UDW rigs require highly reliable broadband networks. Further, as the UDW market is expanding, there is a need for robust and remote communication services in new areas. Thus, satellite communication for UDW exploration is an emerging trend that is expected to propel the growth of the market. According to the report, one of the main drivers in this market is the challenging environment of oil and gas rigs. Most of the oil and gas exploration and drilling works are carried out in remote places such as deserts, where the temperature shifts from -10 degrees Celsius to almost 50 degrees Celsius; offshore oil and gas drilling rigs, where wind, rain, and waves make for an incredibly hostile workplace; and deep-water oil and gas exploration, where the depth plays a hostile environment. Further, the report states that one of the major challenges in this market is the increasing adoption of fiber optic connectivity. Most of the E&P companies are adopting fiber optics communication as an alternative to satellite communications. In addition, many companies with onshore rigs are adopting terrestrial fiber optics connections for backup networks during emergency situations. Recently, BP rolled out a 1,280-kilometer fiber network in the Gulf of Mexico. The key vendors dominating this market space are: - Harris CapRock Communications Inc. - Inmarsat plc. - KVH Industries Inc. - RigNet Inc. - Vizada Inc. Other vendors mentioned in the report are: - APT Satellite Company Ltd. - C-Com Satellite Systems Inc. - DTS Inc. - Hermes Datacommunications International Ltd. - Hughes Satellite Systems Corp. - ITC Global, Inc. - Orange Business Services - Singapore Telecommunications Ltd. - STM Group, Inc. - Telespazio SpA. Key Topics Covered: 01. Executive Summary 02. List of Abbreviations 03. Scope of the Report 04. Market Research Methodology 05. Introduction 06. Market Landscape 07. Revenue Segmentation 08. In-Service Unit Segmentation 09. Bandwidth Segmentation 10. Geographical Segmentation 11. Buying Criteria 12. Market Growth Drivers 13. Drivers and their Impact 14. Market Challenges 15. Impact of Drivers and Challenges 16. Market Trends 17. Trends and their Impact 18. Vendor Landscape 19. Key Vendor Analysis For more information visit http://www.researchandmarkets.com/research/65..._satellite
KVH Supports U.S. Customs and Border Protection Programs With SATCOM Order From Global Technical Systems
GlobeNewswire - Tue Feb 18, 6:00AM CST
KVH Industries, Inc., (Nasdaq:KVHI) has received an order from Virginia-based Global Technical Systems (GTS) to support a 10-year indefinite-delivery/indefinite-quantity (IDIQ) contract for ULAD platforms that will be used in U.S. Customs and Border Protection programs. KVH will provide communications for the platforms via its TracPhone V7-IP satellite communications systems and mini-VSAT Broadband service. KVH has already begun to fulfill the order by delivering the initial shipment of TracPhone V7-IP systems to GTS; there is potential for KVH to supply 144 systems to GTS over a five-year ordering period of a 10-year IDIQ contract.
KVH Doubles mini-VSAT Broadband Network Capacity in Africa to Support Offshore Oil and Gas Industry
GlobeNewswire - Tue May 06, 9:28AM CDT
KVH Industries, Inc., (Nasdaq:KVHI) has doubled the capacity of its mini-VSAT Broadband network in the oil- and gas-rich areas off the West African coast, where maritime traffic and customer demands are surging. This additional Ku-band capacity, which became available in April, addresses demand in an area where offshore supply vessels (OSVs) are the critical link between drilling rigs, cargo ships, and operations on shore.
KVH Industries Reports First Quarter 2014 Results
GlobeNewswire - Wed Apr 30, 6:16AM CDT
KVH Industries, Inc., (Nasdaq:KVHI) today reported financial results for the first quarter ended March 31, 2014. Revenue for the first quarter of 2014 was $37.0 million, down 7% from the quarter ended March 31, 2013. A net loss for the period of $1.1 million, or $0.07 per share was reported. During the same period last year the company reported net income of $2.0 million or $0.13 per diluted share on revenues of $39.9 million.
KVH Industries to Host First Quarter Conference Call on April 30, 2014
GlobeNewswire - Wed Apr 23, 6:30AM CDT
KVH Industries, Inc., (Nasdaq:KVHI) will announce its financial results for the first quarter that ended March 31, 2014, on Wednesday, April 30, 2014. In conjunction with the release, the company will conduct its investor conference call at 10:30 a.m. ET, hosted by Mr. Martin Kits van Heyningen, chief executive officer, and Mr. Peter Rendall, chief financial officer.
Anneley Pickles Joins KVH to Advance Crewtoo Business Development Efforts
GlobeNewswire - Tue Apr 22, 6:32AM CDT
KVH Industries, Inc., (Nasdaq:KVHI) announced today that Ms. Anneley Pickles has joined the company as Head of Business Development for the Crewtoo social network, the world's largest online network dedicated to seafarers. One of her first priorities is overseeing Crewtoo Jobs, the online maritime jobs board that was launched last month to help match the right companies with the best seafarers.
KVH Film Considered for Prestigious Maritime Safety Award
GlobeNewswire - Fri Apr 11, 9:23AM CDT
KVH Industries, Inc., (Nasdaq:KVHI) is pleased to announce that its 2013 film "The Human Element" has been selected as a finalist for the "Safety at Sea" category in the prestigious Seatrade Awards. Established in 1989, the Seatrade Awards recognize those in the shipping industry who have demonstrated innovative solutions for safe, efficient, and environmental operation, and whose actions are in keeping with the goals and objectives of the International Maritime Organization (IMO). Chaired by IMO Secretary-General Koji Sekimizu, the judging panel will announce its final decision at a gala dinner on April 14, 2014, in London.
2014 FIFA World Cup(TM) Coverage to be Available to Merchant Maritime Customers via KVH's Satellite Network
GlobeNewswire - Wed Apr 09, 3:30PM CDT
KVH Industries, Inc., (Nasdaq:KVHI) has come to an agreement with IMG Media to distribute video content of the 2014 FIFA World Cup (TM) to merchant ships. KVH will deliver coverage of the month-long tournament, which takes place in Brazil this summer, via KVH's satellite network to merchant maritime customers, with the exception of passenger vessels, cruise ships, and ferries.
Candice Pascal Joins KVH to Manage Relationships With Content Providers
GlobeNewswire - Tue Apr 08, 8:40AM CDT
KVH Industries, Inc., (Nasdaq:KVHI) announced today that Candice Pascal has joined KVH as Vice President, Content Acquisition, to head the company's efforts in managing commercial maritime distribution rights for entertainment content. Ms. Pascal, an experienced licensed-content executive based in Los Angeles, becomes KVH's key person for securing and managing rights to the studio and independent film and television content that will be delivered via KVH's new IP-MobileCast content delivery service.
Digital Compass Trends
M2 - Fri Apr 04, 9:54AM CDT
Research and Markets (http://www.researchandmarkets.com/research/stjp25/digital_compass) has announced the addition of the "Digital Compass Trends" report to their offering. Digital compass is a small compact device with integrated sensors such as MEMS based magnetometer that helps determine geographic direction by detecting the earth's magnetic field. With the modern world revolving round mobility, digital compass is increasingly becoming a standard component in most handheld electronic devices like watches, smartphones, tablets, and GPS devices, among others. The report analyzes and presents an overview of Digital Compass market worldwide. Supported with 3 market data tables, the report in addition, provides global market estimates and projections for digital compass in US dollars and units for years 2012 through 2017. The report also discusses the launch of digital compasses by leading manufacturers including Robert Bosch, ST Microelectronics, Asahi Kasei Microdevices and others witnessed by the industry over the last few years. In addition, 34 companies operating in the Digital Compass arena worldwide are profiled. Key Topics Covered: 1. DIGITAL COMPASS - A MARKET OVERVIEW An Overview Emergence of Digital Compass History and Evolution Comparison of a Digital Compass with GPS 2. KEY PLAYERS 3. RECENT INDUSTRY ACTIVITY - Bosch Sensortec Launches Second Generation Electronic Compass BMC150 - InvenSense Launches MPU-9250 MotionTracking Device - AKM Launches 3-Axis Compass, the AK8963C for Portable Appliances - AKM launches the AK8978, its new 6-axis e-compass - Dexter Industries Introduces DCompass for Lego Mindstorms - Sparton Introduces Adaptnavinit Application for GEDC-6 Compass - Baolab Unveils low-Cost 3D MEMS Compass - Ocean Server Launches Digital Compasses - AKM Launches Compact 3-axis Compass AK8975B - STMicroelectronics Launches Digital Compass Module 4. MARKET PARTICIPANTS - Aichi Steel Corporation - Asahi Kasei Microdevices - Baolab Microsystems, S.L - BARIGO Barometerfabrik GmbH - Bell Automotive Products, Inc. - Brunton Outdoor Group - Bushnell Outdoor Products - Celestron LLC - Coghlan's Ltd. - DDK Science & Technology Co., Ltd. - Fuzhou Evertop Electronic Co., Ltd. - Garmin Ltd. - Geomaster Group - Honeywell International, Inc. - Honeywell Magnetic Sensors - Konus Italian Group SpA - Kusaba Engineers Pvt., Ltd. - KVH Industries, Inc. - New C & A Practice Instrument Co., Ltd. - Ningbo Hongyuan Plastic Co., Ltd. - OceanServer Technology, Inc. - Pentax Ricoh Imaging Co., Ltd. - PNI Sensor Corporation - PT. Eigerindo Multi Produk Industri - Robert Bosch GmbH - RoboSail Systems BV (The Netherlands) - Silva Sweden AB - Sparton Corporation - Sunroad Technology Ltd. - STMicroelectronics 5. APPENDIX For more information visit http://www.researchandmarkets.com/research/st...al_compass
KVH Mini-VSAT Broadband Network Increases Lead in Maritime VSAT Market Share -- Euroconsult Report
GlobeNewswire - Thu Apr 03, 8:20AM CDT
The mini-VSAT Broadband service from KVH Industries, Inc., (Nasdaq:KVHI) increased its dominance of the maritime VSAT market according to the latest edition of a report from Euroconsult, the leading global consulting firm specializing in space markets. "Maritime Telecom Solutions by Satellite: Global Market Analysis & Forecasts, 3 Edition," released last week, reports that KVH's share of the industry's 11,000 activated maritime VSAT terminals is 26%, up from 16% two years ago. In the new analysis, KVH's market share was reported to be double that of its next closest competitor [see graph].
RHL Hamburger Lloyd Tanker Selects KVH Mini-VSAT Broadband to Provide Global Broadband Service for Tankers
GlobeNewswire - Thu Mar 27, 9:30AM CDT
To meet growing bandwidth usage and Internet demand onboard its tanker fleet, RHL Hamburger Lloyd Tanker GmbH & Co. KG, of Hamburg, Germany, an international shipping company known for managing sophisticated, innovative tankers, has chosen KVH Industries, Inc., (Nasdaq:KVHI) for its mini-VSAT Broadband satellite communications solution. Twelve oil and chemical tankers will be outfitted with KVH's TracPhone V7-IP satellite antenna systems in the next month, with a potential for 16 additional container vessels to receive KVH systems.
KVH Adds Four New Marine Satellite TV Antenna Systems to Its Award-Winning TracVision Line
GlobeNewswire - Thu Mar 20, 6:00AM CDT
With an IP-enabled belowdecks hub and device-friendly user interface, the four new antenna systems of the TracVision TV-series are designed for superior TV performance and ease of use on yachts and merchant vessels worldwide
Crewtoo launches online maritime jobs board
M2 - Wed Mar 19, 7:43AM CDT
Crewtoo said it has launched an online maritime jobs board as a direct response to requests from its members, who have continuously pinpointed recruitment as one of their main priorities.
Crewtoo Social Media Site Launches Online Maritime Jobs Board
GlobeNewswire - Tue Mar 18, 10:31AM CDT
Crewtoo, the world's largest online network dedicated to seafarers, has launched an online maritime jobs board as a direct response to requests from its members, who have continuously pinpointed recruitment as one of their main priorities. Crewtoo, which has more than 100,000 members and was founded by KVH Media Group, part of KVH Industries, Inc., (Nasdaq:KVHI), premiered the service yesterday in Stamford, Connecticut, at Shipping 2014, the annual shipping conference and exhibition of the Connecticut Maritime Association.
Crewtoo Social Media Site for Seafarers Exceeds 100,000 Members
GlobeNewswire - Mon Mar 17, 10:57AM CDT
Crewtoo, the world's largest online network dedicated to seafarers, has surpassed 100,000 members just 16 months after it was founded by KVH Media Group, part of KVH Industries, Inc., (Nasdaq:KVHI). The online network gives seafarers a way to post comments and photographs from their vessels, chat with colleagues on other ships, take part in seafarer-related polls and votes, and keep up with maritime news.
KVH Industries' CEO & CFO to Speak at Raymond James Investor Conference
GlobeNewswire - Tue Mar 04, 6:11AM CST
KVH Industries, Inc., (Nasdaq:KVHI) chief executive officer, Martin Kits van Heyningen, and chief financial officer, Peter Rendall, will be speaking at the 35 Annual Institutional Investors Conference in Orlando, Florida, on Wednesday, March 5, 2014. The presentation, which is scheduled for 12:10 p.m., will be simulcast on the Internet and can be accessed via KVH Industries' investor website, investors.kvh.com. An audio archive of the presentation will also be available for replay later in the day at the same website address.
KVH Industries 2013 revenue up 18%
M2 - Mon Feb 24, 8:06AM CST
KVH Industries, Inc. (NASDAQ: KVHI) said its revenue for the fourth quarter of 2013 was USD38.9m, down two percent from the quarter ended December 31, 2012.
KVH Industries Reports Fourth Quarter and Full Year 2013 Results
GlobeNewswire - Thu Feb 20, 6:00AM CST
-- Record full year 2013 revenues; $162.3 million
Global Satellite Communication in the Oil and Gas Industry 2014-2018: Harris CapRock, Inmarsat, KVH, Rignet & Vizada Dominate the Industry
M2 - Wed Feb 19, 9:48AM CST
Research and Markets (http://www.researchandmarkets.com/research/65mqlk/global_satellite) has announced the addition of the "Global Satellite Communication Market in the Oil and Gas Industry 2014-2018" report to their offering. Currently, almost 135 UDW rigs are being operated in the Atlantic Ocean. The number of UDW rigs is expected to reach 220-230 units by 2018. Geographically, these rigs will be placed in very risky offshore locations such as in the Indian Ocean, the Pacific Ocean nearer to China, and the Atlantic Ocean nearer to Canada and Greenland. UDW is a very complex exploration process that requires very high safety as well as efficient operational performance. In addition, it requires a large amount of integrated real-time process automation associated with high risks. Hence, UDW rigs require highly reliable broadband networks. Further, as the UDW market is expanding, there is a need for robust and remote communication services in new areas. Thus, satellite communication for UDW exploration is an emerging trend that is expected to propel the growth of the market. According to the report, one of the main drivers in this market is the challenging environment of oil and gas rigs. Most of the oil and gas exploration and drilling works are carried out in remote places such as deserts, where the temperature shifts from -10 degrees Celsius to almost 50 degrees Celsius; offshore oil and gas drilling rigs, where wind, rain, and waves make for an incredibly hostile workplace; and deep-water oil and gas exploration, where the depth plays a hostile environment. Further, the report states that one of the major challenges in this market is the increasing adoption of fiber optic connectivity. Most of the E&P companies are adopting fiber optics communication as an alternative to satellite communications. In addition, many companies with onshore rigs are adopting terrestrial fiber optics connections for backup networks during emergency situations. Recently, BP rolled out a 1,280-kilometer fiber network in the Gulf of Mexico. The key vendors dominating this market space are: - Harris CapRock Communications Inc. - Inmarsat plc. - KVH Industries Inc. - RigNet Inc. - Vizada Inc. Other vendors mentioned in the report are: - APT Satellite Company Ltd. - C-Com Satellite Systems Inc. - DTS Inc. - Hermes Datacommunications International Ltd. - Hughes Satellite Systems Corp. - ITC Global, Inc. - Orange Business Services - Singapore Telecommunications Ltd. - STM Group, Inc. - Telespazio SpA. Key Topics Covered: 01. Executive Summary 02. List of Abbreviations 03. Scope of the Report 04. Market Research Methodology 05. Introduction 06. Market Landscape 07. Revenue Segmentation 08. In-Service Unit Segmentation 09. Bandwidth Segmentation 10. Geographical Segmentation 11. Buying Criteria 12. Market Growth Drivers 13. Drivers and their Impact 14. Market Challenges 15. Impact of Drivers and Challenges 16. Market Trends 17. Trends and their Impact 18. Vendor Landscape 19. Key Vendor Analysis For more information visit http://www.researchandmarkets.com/research/65..._satellite
KVH Supports U.S. Customs and Border Protection Programs With SATCOM Order From Global Technical Systems
GlobeNewswire - Tue Feb 18, 6:00AM CST
KVH Industries, Inc., (Nasdaq:KVHI) has received an order from Virginia-based Global Technical Systems (GTS) to support a 10-year indefinite-delivery/indefinite-quantity (IDIQ) contract for ULAD platforms that will be used in U.S. Customs and Border Protection programs. KVH will provide communications for the platforms via its TracPhone V7-IP satellite communications systems and mini-VSAT Broadband service. KVH has already begun to fulfill the order by delivering the initial shipment of TracPhone V7-IP systems to GTS; there is potential for KVH to supply 144 systems to GTS over a five-year ordering period of a 10-year IDIQ contract.
