The milestone highlights KVH’s position as a maritime VSAT market share leader providing satellite broadband connectivity to vessels around the world
MIDDLETOWN, RI – March 5, 2019 – KVH Industries, Inc., (Nasdaq: KVHI), a leader in mobile connectivity, announced that it recently shipped its 9,000th mini-VSAT Broadbandsm system. KVH’s TracPhone® V-series antenna systems are designed to provide satellite broadband connectivity to commercial vessels and leisure yachts around the world, by utilizing advanced satellite technology, including the latest high throughout satellites (HTS).
“Ever since we launched our mini-VSAT Broadband network more than 10 years ago, our antenna systems have been in demand by the maritime industry,” says Martin Kits van Heyningen, KVH’s chief executive officer. “Our solution is known for fast data speeds, affordable airtime, and an advanced, secure, and reliable network, which continues to be a winning combination as the maritime industry relies more and more on connectivity.”
KVH’s products and services have been recognized in the maritime industry for many years. TracPhone V-series systems have received eight product excellence awards from the National Marine Electronics Association (NMEA) in the past nine years. Also, in “Prospects for Maritime Satellite Communications, 6th Edition” (2018), industry analysts at Euroconsult reported that KVH is the market share leader in maritime VSAT by units, noting that KVH’s share of the maritime industry’s fielded VSAT terminals is nearly double that of its next closest competitor, as of the end of 2017.