STOCK TITAN

KVH and Kognitive Networks Sign Exclusive Maritime Agreement

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
KVH Industries and Kognitive Networks have announced an exclusive partnership to enhance maritime communication solutions. KVH will integrate Kognitive's network and bandwidth management tools into its mobile communication service offerings. The new tools will provide robust network management for shipboard operations, crew, owners, and guests, integrating various communication channels such as 5G/LTE, VSAT, Starlink, Wi-Fi, and Ethernet. The suite of tools includes features like real-time data metering and analysis, advanced routing and channel bonding, network protection and security, and easy network and bandwidth management through a mobile application.
Positive
  • The partnership with Kognitive Networks will enhance KVH's mobile communication service offerings.
  • The integration of Kognitive's network and bandwidth management tools will provide robust network management for shipboard operations, crew, owners, and guests.
  • The suite of tools includes features like real-time data metering and analysis, advanced routing and channel bonding, network protection and security, and easy network and bandwidth management through a mobile application.
Negative
  • None.

New technology partnership will enhance the feature set of the KVH’s widely fielded connectivity terminals

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. Kognitive’s software will become an integral element of KVH’s multi-orbit, multi-channel marine communication solutions.

“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. “This innovative technology enables us to seamlessly integrate the communication channels found aboard commercial and leisure vessels, including 5G/LTE, VSAT, Starlink, Wi-Fi, Ethernet, and more using advanced network management tools both on virtual machines on our fielded equipment as well as within a compact belowdeck appliance.”

The new suite of tools offers a powerful onboard addition to a vessel or yacht’s network infrastructure by integrating and managing all onboard connectivity with such features as:

  • Cloud-managed user interface with real-time data metering and analysis
  • WAN combination and control with advanced routing and channel bonding for increased speed and performance
  • Network protection and security with Deep Packet Inspection, Traffic Policies, and VPN
  • Easy network and bandwidth management via a versatile mobile application

“We are incredibly excited about this new chapter with KVH and their leading hybrid connectivity solutions,” says Anand Chari, Chief Executive Officer of Kognitive Networks. “This agreement affirms our commitment to crafting solutions that harmonize network performance and security with ease of use, and it will benefit our existing and future customers alike.”

KVH has integrated this advanced technology into the KVH ONE OpenNet Program, which migrates third-party VSAT terminals to KVH’s global HTS network. It will also deliver greater versatility in KVH’s ongoing Starlink integration and enhance KVH’s award-winning TracNet and TracPhone® connectivity systems. In addition, KVH will offer the network management hardware and services as a standalone product for other onboard marine applications.

Note to Editors: For more information about the KVH ONE network, please visit https://www.kvh.com/one. High-resolution images of KVH products are available at the KVH Press Room Image Library, https://www.kvh.com/imagelibrary

About Kognitive Networks

Kognitive Networks (formerly K4 Mobility) is revolutionizing network management by bringing Software-Defined Wide Area Networking (SDWAN) and Secure Access Service Edge (SASE) technologies to a broad array of industries and use cases. Targeting enterprises that have many locations and require seamless communication, Kognitive Networks provides a software-first, wireless-aware approach to optimizing connectivity across multiple networks, including LEO/GEO satellites and multi-carrier 4G/5G cellular networks. The integrated security features, connectivity controls, and unified system management enable enterprises to take advantage of the evolving wireless landscape to rapidly scale their business and network operations while reducing operating and technology expenses.

About KVH Industries, Inc.

KVH Industries, Inc. is a global leader in mobile connectivity and maritime VSAT delivered via the KVH ONE network. The company, founded in 1982, is based in Middletown, RI, with research, development, and manufacturing operations in Middletown, RI, and more than a dozen offices around the globe. KVH provides connectivity solutions for commercial maritime, leisure marine, military/government, and land mobile applications on vessels and vehicles, including the TracNet, TracPhone, and TracVision® product lines, the KVH ONE OpenNet Program for non-KVH antennas, AgilePlans® Connectivity as a Service (CaaS), and the KVH Link crew wellbeing content service.

This press release contains forward-looking statements that involve risks and uncertainties. For example, forward-looking statements include statements regarding the anticipated development and launch of new product and services along with the potential demand for such services among commercial and leisure marine applications. These and other factors are discussed in more detail in KVH’s Annual Report on Form 10-K filed with the SEC on March 16, 2023, and our Quarterly Report on Form 10-Q filed with the SEC on August 9, 2023. Copies are available through its Investor Relations department and website, https://investors.kvh.com. KVH does not assume any obligation to update our forward-looking statements to reflect new information and developments.

KVH Industries, Inc., has used, registered, or applied to register its trademarks in the USA and other countries around the world, including but not limited to the following marks: KVH, KVH ONE, TracVision, TracPhone, TracNet, and AgilePlans. Other trademarks are the property of their respective companies.

For further information, please contact:
Chris Watson
Vice President, Marketing & Communications
KVH Industries, Inc.
Tel: +1 401 845 2441
cwatson@kvh.com


FAQ

What is the partnership between KVH Industries and Kognitive Networks?

KVH Industries and Kognitive Networks have formed an exclusive partnership to enhance maritime communication solutions.

What will KVH integrate into its mobile communication service offerings?

KVH will integrate Kognitive's suite of network and bandwidth management tools into its mobile communication service offerings.

What communication channels will be integrated into KVH's solutions?

KVH's solutions will integrate various communication channels such as 5G/LTE, VSAT, Starlink, Wi-Fi, and Ethernet.

What features does the suite of tools offer?

The suite of tools offers features like real-time data metering and analysis, advanced routing and channel bonding, network protection and security, and easy network and bandwidth management through a mobile application.

KVH Industries Inc

NASDAQ:KVHI

KVHI Rankings

KVHI Latest News

KVHI Stock Data

104.14M
9.00M
37.6%
60.06%
0.24%
Communication Equipment
Radio & Tv Broadcasting & Communications Equipment
Link
United States of America
MIDDLETOWN