What is ORBCOMM satellite service?
ORBCOMM operates the world’s first and only commercial satellite network 100% dedicated to IoT and M2M, providing two-way data communications in the most remote areas of the world via a network of low-earth orbit (LEO) satellites and ground stations around the world.
What kind of company is ORBCOMM?
Orbcomm (stylized as ORBCOMM) is an American company that offers industrial Internet of things (IoT) and machine to machine (M2M) communications hardware, software and services designed to track, monitor, and control fixed and mobile assets in markets including transportation, heavy equipment, maritime, oil and gas.
How much does ORBCOMM cost?
An Orbcomm antenna, he said, costs about $50, with the modem costing around $125.
Is ORBCOMM a public company?
Effective today, ORBCOMM is a privately held company, and its common stock is no longer listed on the Nasdaq Stock Market.
What happened to ORBCOMM?
Orbcomm has entered into a definitive agreement to be acquired by private equity firm GI Partners, the company announced April 8. GI Partners made an all-cash transaction that values Orbcomm at approximately $1.1 billion including net debt.
Where is ORBCOMM located?
Rochelle Park, NJ
ORBCOMM is headquartered in Rochelle Park, NJ and has 16 office locations across 11 countries.
How many customers does ORBCOMM have?
1.7 million subscribers
ORBCOMM’s more than 1.7 million subscribers enjoy complete global coverage across multiple satellite (LEO and GEO) networks, robust ground infrastructure and the world’s best Tier 1 cellular networks.
Is ORBCOMM a good stock to buy?
Wall Street analysts have given ORBCOMM a “Hold” rating, but there may be better buying opportunities in the stock market. Some of MarketBeat’s past winning trading ideas have resulted in 5-15% weekly gains.
How many customers does orbcomm have?
What does ORBCOMM Inc do?
ORBCOMM is a leading global provider of industrial Internet of Things (IoT) and Machine-to-Machine (M2M) communication solutions that remotely track, monitor, and control fixed and mobile assets…
When did ORBCOMM become a commercial satellite provider?
With the launch and operation of the C Plane satellites, ORBCOMM became the first commercial provider of global LEO satellite data and messaging communications services. ORBCOMM inaugurated full commercial service with its satellite-based global data communications network on November 30, 1998.
How many Orbcomm satellites are there on Earth?
Orbcomm (satellite) Orbcomm is a family of low Earth orbit communications satellites, operated by the American satellite communications company Orbcomm. As of July 2014, 51 such satellites have orbited Earth, with 50 still continuing to do so.
When did ORBCOMM og2-1 satellite burn up?
Two days after its launch the OG2-1 prototype re-entered and burned up in the atmosphere of Earth. Orbcomm claimed the mission a total loss for launch insurance purposes. The second launch, with a constellation of six OG2 satellites, launched on 14 July 2014. The satellites were launched on a SpaceX Falcon 9 v1.1 launch vehicle.
When was the ORBCOMM low Earth orbit system created?
ORBCOMM is licensed to provide service in more than 130 countries and territories worldwide. The ORBCOMM low Earth orbit (LEO) system was conceived by Orbital Sciences Corporation (Orbital) in the late 1980s.