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Orbcomm, Inmarsat Team To Tackle Machine-To-Machine Solutions Market

Machine-to-Machine (M2M) solutions provider Orbcomm [ORBC] and satellite communications services provider Inmarsat are teaming to take advantage of what they called the rapidly growing M2M market with a goal of creating a standard satellite-based global M2M network. Orbcomm and Inmarsat will work together to create a standard satellite platform and develop cost-effective hardware and flexible service pricing models for the global M2M industry, according to an Orbcomm statement. Orbcomm is building a series of interchangeable modems powered by the company’s…

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Contract Updates

BAE Systems Space & Mission Systems Inc. (Boulder, Colorado) – $48,000,000

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