Orbcomm Chief Executive Marc J. Eisenberg said the company's recent wins of satellite-based AIS maritime vessel surveillance increase Orbcomm's AIS business to around $8 million per year -- more than half of what Orbcomm views as the total global addressable market. Credit: Orbcomm
PARIS — Satellite M2M/IoT hardware and services provider Orbcomm Inc. bested incumbent exactEarth to win the Canadian government’s space-based marine vessel tracking contract in a deal that Orbcomm said is valued at more than three times the amount exactEarth was paid.
The one-year contract, with up to two renewals, came after . . .
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