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ORBCOMM Inc. (ORBC)
11.49  0 (0%)  04-24 15:47
Open: 11.48
High: 11.51
Low: 11.48
Volume: 1,556,128
Market Cap: 0(M)
PE Ratio: 0
Exchange: NASDAQ Global Select
Industry: Communication Equipment
Sector: Technology
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52w High: 11.55
52w Low: 3.32
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ORBCOMM Inc. provides comprehensive global Internet of Things (IoT) solutions, serving a broad geographical footprint that includes North and South America, Europe, Japan, and other international markets. The company's robust offerings encompass network infrastructure, specialized hardware devices, sophisticated device management platforms, and intuitive web-based reporting applications. These tools are meticulously designed to facilitate the tracking, remote monitoring, control, and enhanced security of a vast array of assets. This diverse portfolio of monitored assets includes mobile units like trailers, heavy trucks, rail cars, and shipping containers; fixed industrial equipment such as power generators, fluid storage tanks, marine vessels, diesel or electric-powered generators, oil and gas wells, pipeline monitoring systems, irrigation control setups, and utility meters. These solutions are critical across various sectors, including transportation and logistics, heavy equipment operations, fixed asset surveillance, and maritime industries, as well as for governmental agencies. Furthermore, ORBCOMM provides vital satellite Automatic Identification Service (AIS) data services, significantly contributing to improved vessel navigation and heightened maritime safety for both commercial clients and government bodies. Its portfolio also features advanced vehicle fleet management systems and integrated in-cab solutions. These services operate across a multi-layered network infrastructure, which incorporates ORBCOMM's proprietary constellation of low-Earth orbit (LEO) satellites and their supporting ground stations, alongside terrestrial cellular communication services offered through strategic reseller agreements with various wireless providers. To further expand its connectivity options, the company facilitates customer solutions leveraging additional satellite network access through service agreements with third-party mobile satellite providers. It also resells services utilizing the two-way Inmarsat plc satellite network, catering specifically to applications demanding higher bandwidth. ORBCOMM employs a dual-pronged sales approach, engaging directly with original equipment manufacturers (OEMs), government customers, and end-users, while also extending its reach indirectly through an established network of market channel partners and affiliates. Founded in 2001, ORBCOMM Inc. is headquartered in Rochelle Park, New Jersey.

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