ORBCOMM Inc. (Nasdaq:ORBC), a global provider of Machine-to-Machine (M2M) solutions, and Savi Technology (Savi), a leading provider of sensor-based analytics and radio-frequency identification (RFID) solutions, today announced a strategic relationship to provide advanced location-based monitoring solutions to government and commercial markets.
ORBCOMM and Savi have submitted a proposal in response to the U.S. Army RFID IV project, which will provide both ISO18000-7 RFID tags and a suite of satellite solutions for military logistics support. ORBCOMM’s GlobalTrak division has been a leading player in providing military Enhanced-In-Transit-Visibility (EITV) solutions to the government market since 2008, and Savi has been the de facto market leader in military RFID solutions, enabling them to offer vast market experience with the right blend of technology platforms for this proposal.
“The combination of ORBCOMM’s satellite expertise and broad network service portfolio with Savi’s state-of-the-art RFID technology offers a full spectrum of innovative monitoring solutions to our collective market base with focus on our government and international customers,” said Marc Eisenberg, Chief Executive Officer of ORBCOMM. “Although RFID and satellite tracking have traditionally been divergent technologies, the synergy of these solutions within a common operating environment creates a seamless transition from infrastructure to wireless-based location services for tracking and monitoring high-value assets.”
“By bringing two market leaders with highly complementary technologies together, we have created a best-of-breed solution for our customers in both government and commercial markets,” said Bill Clark, Chief Executive Officer of Savi Technology. “This relationship will support Savi’s operational analytics capabilities by providing additional ways to collect critical data and deliver timely and reliable operational intelligence to our customers. We look forward to partnering with ORBCOMM on RFID IV and other global opportunities in the near future.”
About ORBCOMM Inc.
ORBCOMM is a global provider of Machine-to-Machine (M2M) solutions. Its customers include Caterpillar Inc., Doosan Infracore America, Hitachi Construction Machinery, Hyundai Heavy Industries, I.D. Systems, Inc., Komatsu Ltd., Cartrack (Pty.) Ltd., and Volvo Construction Equipment, among other industry leaders. By means of a global network of low-earth orbit (LEO) satellites and accompanying ground infrastructure as well as our Tier One cellular partners, ORBCOMM’s low-cost and reliable two-way data communication services track, monitor and control mobile and fixed assets in our core markets: commercial transportation; heavy equipment; industrial fixed assets; marine; and homeland security.