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Stock impact report

KVH Signs Pooled Data Agreement with Starlink [Yahoo! Finance]

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: Yahoo! Finance
MIDDLETOWN, R.I., June 25, 2024 (GLOBE NEWSWIRE) -- KVH Industries, Inc. (Nasdaq: KVHI), today announced a greatly expanded relationship with Starlink through a bulk data distribution agreement with Starlink. The new agreement offers KVH increased flexibility in the development and sales of custom, cost-effective airtime plans using Starlink's mobile priority service. Under the agreement, KVH prepaid for access to a large block of Starlink data at favorable rates over a period of more than a year. In addition, KVH has added the Starlink Standard flat-panel terminals to its product offering alongside the Flat High Performance maritime terminal. “We are very excited to expand our Starlink portfolio, both with new hardware and the potential to offer custom data plans for marine applications,” says Brent C. Bruun, KVH's chief executive officer. “Starlink is one of the fastest growing products in company history, as we almost doubled antenna shipments and activations in the first quarte Show less Read more
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