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Satnews Daily
May 16th, 2016

OHB SE Delves Into M2M & IoT

OHB SE (Prime Standard, ISIN ‎DE0005936124) is broadening their footprint in applications and services with the establishment ‎of a subsidiary known as M2M Europe Network & Solutions GmbH in Bregenz, Austria.

The new ‎company specializes in satellite communications and, within this area, specifically fields ‎offering particular potential for the future, such as M2M (machine-to-machine communications) ‎and IoT (“Internet of Things”). ‎

M2M Europe Network & Solutions GmbH will be able to harness the experience of OHB SE and ‎its investments in Orbcomm Inc. (Orbcomm Germany and Orbcomm Europe) as well as OHB ‎Logistics Solutions GmbH. M2M Europe will be integrating the business of Orbcomm Germany ‎and Europe and marketing existing Orbcomm products as well as its own products and ‎services across Europe. These include, for example, truck and cargo tracking and monitoring ‎as well as the monitoring of stationary machinery without a fixed-line Internet connection.‎

As Jochen Harms, the newly incorporated company’s managing director, said, “M2M is one ‎of the world’s fastest growing markets in the information and communications technology (ICT) ‎sector. Here in Austria, we are well positioned, not least of all thanks to the support of the ‎Austrian Research Promotion Agency (FFG), which will allow us to establish a high-growth ‎company.”‎