KVH

Cultural Intelligence Leader Collage Group Announces First Chief Marketing Officer, Elizabeth Jackson, as Company Accelerates Growth

Retrieved on: 
Wednesday, March 20, 2024

Bethesda, MD, March 20, 2024 (GLOBE NEWSWIRE) -- Today Collage Group , a leading provider of Cultural Intelligence, announced Elizabeth Jackson as the company’s first Chief Marketing Officer – a pillar in fueling the organization’s growth.

Key Points: 
  • Bethesda, MD, March 20, 2024 (GLOBE NEWSWIRE) -- Today Collage Group , a leading provider of Cultural Intelligence, announced Elizabeth Jackson as the company’s first Chief Marketing Officer – a pillar in fueling the organization’s growth.
  • As a seasoned CMO, she possesses more than 30 years of experience in marketing, strategy, insights, and new product innovation.
  • “A highly skilled business leader and entrepreneur, Elizabeth brings a passion for research, data, and insights, as well as expertise in brand-building, lead generation, and expansion into new verticals,” said CEO and Co-Founder David Wellisch.
  • Jackson will focus on accelerating adoption of the product in the market and developing long-term strategic growth plans.

KVH Industries Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Friday, March 15, 2024

Revenue was $31.5 million for the fourth quarter of 2023, a decrease of 13% compared to $36.0 million in the fourth quarter of 2022.

Key Points: 
  • Revenue was $31.5 million for the fourth quarter of 2023, a decrease of 13% compared to $36.0 million in the fourth quarter of 2022.
  • Service revenues for the fourth quarter of 2023 were $27.7 million, a decrease of 4%.
  • Product revenues for the fourth quarter of 2023 were $3.7 million, a decrease of 48% from the fourth quarter of 2022.
  • Our operating expenses increased $1.1 million to $13.0 million for the fourth quarter of 2023 compared to $12.0 million for the fourth quarter of 2022.

KVH Announces Transformative Initiatives

Retrieved on: 
Tuesday, February 13, 2024

MIDDLETOWN, R.I., Feb. 13, 2024 (GLOBE NEWSWIRE) -- KVH Industries, Inc. (“KVH” or the “Company”) (Nasdaq: KVHI), today announced plans to wind down its hardware manufacturing operations to focus on strengthening its position as a streamlined provider of multi-orbit, multi-channel, integrated communications solutions. This development follows the Company’s recently announced additions of Starlink and Eutelsat OneWeb to its connectivity portfolio and its exclusive maritime agreement with Kognitive Networks. The Company also announced changes to its management team.

Key Points: 
  • David Tolley, Chairman of KVH, commented, “Today’s announcement is the culmination of the Board’s extensive examination for how to best position KVH for the future as our markets continue to evolve.
  • During this process, KVH plans to manufacture enough maritime satellite connectivity and satellite television terminals needed to meet demand for the foreseeable future.
  • KVH will continue to conduct its equipment repair and refurbishments, warehousing and shipping and receiving activities at the Middletown, Rhode Island location.
  • KVH expects to release earnings and host a conference call in early March to discuss the Company’s ongoing strategic evolution along with fourth quarter and full-year 2023 results.

KVH Expands Multi-orbit Hybrid Network with Eutelsat OneWeb High-speed, Low-latency Service

Retrieved on: 
Tuesday, January 9, 2024

MIDDLETOWN, R.I., Jan. 09, 2024 (GLOBE NEWSWIRE) -- KVH Industries, Inc. (Nasdaq: KVHI) today announced a distribution partnership agreement with LEO connectivity provider Eutelsat OneWeb.

Key Points: 
  • MIDDLETOWN, R.I., Jan. 09, 2024 (GLOBE NEWSWIRE) -- KVH Industries, Inc. (Nasdaq: KVHI) today announced a distribution partnership agreement with LEO connectivity provider Eutelsat OneWeb.
  • Under the terms of the deal, KVH will offer Eutelsat OneWeb’s LEO connectivity services supporting terminals for commercial and leisure vessels via Eutelsat OneWeb’s LEO satellite constellation.
  • “Adding Eutelsat OneWeb to our hybrid portfolio helps deliver on our commitment to providing outstanding connectivity, content, and services via our KVH ONE® integrated multi-orbit, multi-channel solution,” said Brent Bruun, KVH President and Chief Executive Officer.
  • High-resolution images of KVH products are available at the KVH Press Room Image Library, https://www.kvh.com/imagelibrary .

Fleets Facing Need to Improve Crew Morale and Wellbeing Turn to KVH for Content Services

Retrieved on: 
Monday, November 20, 2023

Our KVH Link suite of crew content services delivers best-in-class content in various languages while offering an exciting, entertaining experience for the crew on laptops, personal devices, and TVs.”

Key Points: 
  • Our KVH Link suite of crew content services delivers best-in-class content in various languages while offering an exciting, entertaining experience for the crew on laptops, personal devices, and TVs.”
    GFS Ship Management FZE, has deployed the KVH Link service aboard 16 vessels.
  • For vessels not currently equipped with a KVH terminal and VSAT, KVH offers the compact linkHUB content server.
  • KVH delivers linkHUB movie and TV programs monthly via secure, encrypted content drives, ensuring that ships receive entertaining content while maximizing onboard cybersecurity.
  • This shared entertainment experience promotes social cohesion, improved morale, and overall wellbeing onboard.”
    Note to Editors: For more information about KVH Link, please visit https://www.kvh.com/link.

KVH Crew Wellbeing Solutions Honored with 2023 CAREER4SEA Europort Award

Retrieved on: 
Wednesday, November 15, 2023

MIDDLETOWN, R.I., Nov. 15, 2023 (GLOBE NEWSWIRE) -- On November 10, 2023, the SAFETY4SEA organization and Europort honored KVH Industries, Inc. (Nasdaq: KVHI) with its 2023 CAREER4SEA Europort Award for Crew Welfare.

Key Points: 
  • MIDDLETOWN, R.I., Nov. 15, 2023 (GLOBE NEWSWIRE) -- On November 10, 2023, the SAFETY4SEA organization and Europort honored KVH Industries, Inc. (Nasdaq: KVHI) with its 2023 CAREER4SEA Europort Award for Crew Welfare.
  • The award, presented during Europort 2023, recognizes KVH’s longstanding commitment to improving crew wellbeing through connectivity solutions and crew content services.
  • KVH Link content provides a welcome individual diversion when crew members are off watch and an opportunity for crew interaction and camaraderie when gathered together.
  • High-resolution images of KVH products are available at the KVH Press Room Image Library, https://www.kvh.com/imagelibrary.

KVH and Kognitive Networks Sign Exclusive Maritime Agreement

Retrieved on: 
Monday, October 30, 2023

MIDDLETOWN, R.I., Oct. 30, 2023 (GLOBE NEWSWIRE) -- KVH Industries, Inc. (Nasdaq: KVHI) and Kognitive Networks Inc. today announced an exclusive, multi-year maritime agreement.

Key Points: 
  • MIDDLETOWN, R.I., Oct. 30, 2023 (GLOBE NEWSWIRE) -- KVH Industries, Inc. (Nasdaq: KVHI) and Kognitive Networks Inc. today announced an exclusive, multi-year maritime agreement.
  • KVH will integrate Kognitive’s suite of enterprise-grade network and bandwidth management tools into KVH’s mobile communication service offerings.
  • “We are thrilled to be working with Kognitive Networks to deliver robust maritime network and bandwidth management for shipboard operations, crew, owners, and guests over the KVH ONE® global hybrid network,” explains Chad Impey, Senior Vice President of Global Sales.
  • High-resolution images of KVH products are available at the KVH Press Room Image Library, https://www.kvh.com/imagelibrary

KVH TracNet Hybrid Communications and TracVision Satellite TV Honored by National Marine Electronics Association

Retrieved on: 
Tuesday, September 26, 2023

MIDDLETOWN, R.I., Sept. 26, 2023 (GLOBE NEWSWIRE) -- The members of the National Marine Electronics Association recognized the performance and reliability of the TracNet™ H60 hybrid communications terminal and the TracVision® UHD7 satellite TV system from KVH Industries, Inc. (Nasdaq: KVHI) during the 2023 NMEA Conference.

Key Points: 
  • MIDDLETOWN, R.I., Sept. 26, 2023 (GLOBE NEWSWIRE) -- The members of the National Marine Electronics Association recognized the performance and reliability of the TracNet™ H60 hybrid communications terminal and the TracVision® UHD7 satellite TV system from KVH Industries, Inc. (Nasdaq: KVHI) during the 2023 NMEA Conference.
  • The award for the TracVision UHD7 marked the 26th consecutive year that a KVH TracVision system has been honored in the marine satellite TV category.
  • The TracVision UHD7 is a high-performance 60cm (24 inch) marine satellite TV antenna designed to provide boat owners, charter yacht guests, and commercial vessel crews access to ultra-high-definition (UHD) and 4K programming from leading satellite TV providers.
  • Note to Editors: High-resolution images of KVH products are available at the KVH Press Room Image Library, https://www.kvh.com/imagelibrary .

EMCORE and UR Group Join Forces at DSEI 2023 to Showcase Industry-Leading Inertial Navigation Product Portfolio

Retrieved on: 
Thursday, September 7, 2023

ALHAMBRA, Calif., Sept. 07, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world’s largest independent provider of inertial navigation solutions to the aerospace and defense industry, announced today that it will join forces with UR Group at DSEI 2023, September 12-15 in London, England to showcase one of the industry’s most comprehensive inertial navigation product portfolios.

Key Points: 
  • ALHAMBRA, Calif., Sept. 07, 2023 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), the world’s largest independent provider of inertial navigation solutions to the aerospace and defense industry, announced today that it will join forces with UR Group at DSEI 2023, September 12-15 in London, England to showcase one of the industry’s most comprehensive inertial navigation product portfolios.
  • DSEI is the premiere event to see the latest products and innovations from the full spectrum of global defense suppliers.
  • Register today at http://www.dsei.co.uk/register
    EMCORE has expanded its inertial navigation product line dramatically through its acquisitions in 2022 of the KVH inertial navigation business and the advanced space and navigation division products of L3Harris.
  • “We are looking forward to joining our sales partner UR Group at DSEI this year to showcase EMCORE’s expanded product line of advanced inertial sensors and navigation systems,” said Matthew Vargas, Vice President of Sales for EMCORE.

KVH Enhances Maritime Hybrid Communication Solutions with Starlink

Retrieved on: 
Wednesday, September 6, 2023

KVH will sell Starlink on its own and also as a KVH ONE™ global network companion service.

Key Points: 
  • KVH will sell Starlink on its own and also as a KVH ONE™ global network companion service.
  • KVH, a leading provider of intelligent hybrid connectivity for maritime applications, will serve as an authorized Starlink reseller and integrator for commercial and leisure vessels.
  • “Starlink is a valuable addition to our hybrid connectivity portfolio,” said Brent Bruun, KVH’s chief executive officer.
  • “Our intelligent hybrid design enables us to switch seamlessly among Starlink and both the KVH TracNet™ and TracPhone® terminals for outstanding and affordable communications.