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Stock impact report

KVH and Pacific Basin Completing Hybrid Connectivity and Network Management Upgrade

KVH Industries, Inc. (KVHI) 
Last kvh industries, inc. earnings: 5/1 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.kvh.com
Company Research Source: GlobeNewswire
MIDDLETOWN, R.I., Nov. 04, 2024 (GLOBE NEWSWIRE) -- KVH Industries, Inc. (Nasdaq: KVHI), today announced that it has substantially completed a 75-vessel connectivity upgrade for commercial dry bulk operator Pacific Basin Shipping, a longtime KVH customer. KVH is delivering worldwide communications to more than 75 Pacific Basin vessels using the KVH ONE® multi-orbit, multi-channel network, including the addition of Low Earth Orbit service via Starlink. These vessels are using KVH TracPhone® V7-HTS terminals, new Starlink Flat High Performance terminals, and KVH’s CommBox™ Edge Communications Gateway onboard. This upgrade was carried out under the terms of a new agreement signed in July 2024. “It’s been our pleasure to help Pacific Basin ships and crews remain always connected since 2016, and we are honored that they elected to continue their longstanding partnership with us,” says Ken Loke, KVH’s vice president of Asia-Pacific sales. “By choosing our global VSAT service, TracPhone V Show less Read more
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