[SatNews] ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) solutions, today announced that it has signed a multi-year services agreement with Komatsu to continue providing wireless data services for their heavy equipment telematics applications. The renewed agreement will build upon Komatsu’s long-time success with its KOMTRAX and VHMS on-board machine monitoring and communications systems, which utilize ORBCOMM’s global satellite network.
ORBCOMM enables Komatsu, the world’s second largest manufacturer and supplier of earthmoving equipment, to track and monitor the location, critical operating metrics, productivity, and performance of its heavy equipment assets around the globe. As part of the agreement, Komatsu will continue to deploy telematics systems on their equipment and leverage ORBCOMM’s satellite network services.
“We are extremely pleased to continue our 14-year relationship with Komatsu, which is one of our most important heavy equipment OEM customers, and provide significant operating efficiencies through greater visibility and control of their global equipment fleet,” said Marc Eisenberg, ORBCOMM’s Chief Executive Officer. “ORBCOMM has clearly established our leadership position in heavy equipment telematics, and we look forward to offering our customers significant benefits, such as improved network performance and coverage, through our new OG2 satellite constellation, which we expect to complete launching this summer.”