ORBCOMM Inc. (Nasdaq: ORBC) has disclosed that the Government of Canada has exercised the option for another year on their contract through ORBCOMM’s Canadian partner Maerospace, a global supplier of advanced data analytics and maritime domain awareness solutions.
Through its Canadian subsidiary SkyWave, ORBCOMM will provide satellite Automatic Identification System (AIS) data used for ship tracking and other maritime navigational and safety efforts to the Government of Canada for monitoring Canadian and global marine traffic. The Government of Canada contract award was the result of a competitive procurement process among providers and integrators of space-based AIS data service and is a multi-year contract with options through 2020.
ORBCOMM’s AIS service provides unmatched global coverage and latency and processes over 26 million messages from over 200,000 unique vessels per day through a combination of satellite and terrestrial AIS data, which is well ahead of all other AIS services.
Marc Eisenberg, ORBCOMM’s CEO, communicated that the company has had great success in collaborating with Maerospace over the past year to provide the Government of Canada with the most complete situational picture of Canadian and global vessel activity to ensure maritime visibility and security and this extension of the contract with Canada for another year reaffirms ORBCOMM’s position as the industry’s preferred provider of satellite AIS data.
Eric Meger, Founder and CEO of Maerospace, added that the company is committed to continue supporting Canada’s national security mission through the firm's joint efforts with ORBCOMM to provide highly accurate AIS data. Together with ORBCOMM, Maerospace can leverage the firm's advanced systems and technology that will help Canada maximize maritime domain awareness.