Profile: ORBCOMM Inc (ORBC.OQ)
ORBCOMM Inc., incorporated on October 16, 2003, is a provider of Internet of Things (IoT) solutions, including network connectivity, devices, device management and Web reporting applications. The Company's IoT products and services are designed to track, monitor and manage security for a range of assets, such as trailers, trucks, rail cars, sea containers, generators, fluid tanks, marine vessels, diesel or electric powered generators (gensets), oil and gas wells, pipeline monitoring equipment, irrigation control systems, and utility meters, in industries for transportation and supply chain, heavy equipment, fixed asset monitoring, maritime and government. Additionally, the Company provides Automatic Identification System (AIS) data services to assist in vessel navigation and to manage maritime safety for government and commercial customers across the world. The Company provides its services using various network platforms, including its own constellation of low-Earth orbit (LEO) satellites and its accompanying ground infrastructure, as well as terrestrial-based cellular communication services obtained through reseller agreements with cellular wireless providers.
The Company's satellite-based customer solution offerings use small, low power, mobile satellite subscriber communicators for remote asset connectivity, and its terrestrial-based solutions utilize cellular data modems with subscriber identity modules (SIMs). It also resells service using the two-way Inmarsat satellite network to provide bandwidth, satellite products and services, engaging its IsatDataPro (IDP) technology. Its customer solutions provide access to data gathered over these systems through connections to other public or private networks, including the Internet. Its IoT data communications services are provided by offering a combination of both satellite and terrestrial networks, including its LEO satellite constellation, consisting of its ORBCOMM Generation 1 (OG1) and AIS equipped OG2 satellites operating in the very high frequency (VHF) band, third-party LEO constellations.
The Company utilizes its ORBCOMMConnect Platform to translate and integrate the communications from its range of network service partners into a manageable set of commands and responses and information transport. This creates a common user platform for provisioning, billing and multi-mode access for IoT applications and enables access to network and terminal management tools for wholesale integration with its network. The Company provides its customers a subscriber component, which consists of satellite subscriber communicators and cellular terrestrial units, or wireless modems incorporating SIMS, used by end users to transmit and receive messages to and from their assets and its system. In addition, its Web applications provide specialized data feeds that are established through its application gateway interface to third-party dispatch systems and customer software applications to provide customers data and analytics from telematics products and specialized sensors.
The data is transferred to either a subscriber communicator, or a terrestrial-based wireless device using a SIM on the partner cellular provider's network. If the data is transferred to a satellite subscriber communicator, data is transmitted to the next satellite that comes into view in near real-time. The data is then routed by the satellite to the next gateway earth station (GES) that it connects to, which in turn forwards it to the ORBCOMM gateway control center (GCC). Within the GCC, the data is processed, safe-stored and forwarded to its ultimate destination and, if requested, an acknowledgment that the message content has been received is transmitted back to the subscriber communicators. If the data is transferred to a cellular device, data is routed through the partner carrier's network through a virtual private network (VPN) to the ORBCOMM GCC and forwarded to its destination in real time. The destination for transferred data may be another subscriber communicator, a SIM, a corporate resource management system, various personal or business Internet e-mail address, a pager or a text message-capable cellular phone, or various other combinations. In addition, data can be sent in the reverse direction (a feature which is utilized by many applications to remotely control assets) using similar methods.
The Company competes with Iridium Communications Inc. and Globalstar, Inc.
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