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Seaspan Selects KVH to Equip Fleet with OneWeb Low Earth Orbit Solution

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KVH Industries announced that Seaspan , a leading containership lessor, has agreed to equip its fleet with OneWeb's low earth orbit (LEO) satellite solution. This implementation aims to provide shore-like Internet connectivity at sea, supporting Seaspan's digital transformation strategy.

As the first major container ship owner/operator to partner with KVH for OneWeb, Seaspan's deployment will strengthen their fleet's data connectivity infrastructure, enabling advanced technologies and high bandwidth-demanding applications like cloud-based SaaS solutions. The partnership focuses on enhancing efficiency, safety, and seafarer welfare while improving provider diversity and reducing geographical blackout zones.

KVH Industries ha annunciato che Seaspan, un'importante compagnia di noleggio di portacontainer, ha accettato di equipaggiare la sua flotta con la soluzione satellitare a bassa orbita terrestre (LEO) di OneWeb. Questa implementazione mira a fornire una connettività Internet simile a quella terrestre in mare, supportando la strategia di trasformazione digitale di Seaspan.

Essendo il primo grande proprietario/operatore di navi portacontainer a collaborare con KVH per OneWeb, il dispiegamento di Seaspan rafforzerà l'infrastruttura di connettività dati della loro flotta, permettendo tecnologie avanzate e applicazioni ad alta richiesta di banda come le soluzioni SaaS basate su cloud. La partnership si concentra sul miglioramento dell'efficienza, della sicurezza e del benessere dei marittimi, mentre aumenta la diversità dei fornitori e riduce le zone di blackout geografiche.

KVH Industries anunció que Seaspan, un importante arrendatario de buques portacontenedores, ha acordado equipar su flota con la solución satelital de órbita baja terrestre (LEO) de OneWeb. Esta implementación tiene como objetivo proporcionar conectividad a Internet similar a la terrestre en el mar, apoyando la estrategia de transformación digital de Seaspan.

Como el primer gran propietario/operador de buques de contenedores en asociarse con KVH para OneWeb, la implementación de Seaspan fortalecerá la infraestructura de conectividad de datos de su flota, permitiendo tecnologías avanzadas y aplicaciones que requieren alta demanda de ancho de banda, como las soluciones SaaS basadas en la nube. La asociación se centra en mejorar la eficiencia, la seguridad y el bienestar de los marineros, al tiempo que se incrementa la diversidad de proveedores y se reducen las zonas de apagón geográficas.

KVH IndustriesSeaspan, 선도적인 컨테이너선 임대 업체가 OneWeb의 저궤도(LEO) 위성 솔루션으로 자사 함대를 장비하기로 합의했다고 발표했습니다. 이 구현은 바다에서 육상의 인터넷 연결성을 제공하여 Seaspan의 디지털 전환 전략을 지원하는 것을 목표로 합니다.

KVH와 OneWeb에 협력하는 첫 번째 주요 컨테이너 선주/운영자로서 Seaspan의 배치로 그들의 함대 데이터 연결 인프라가 강화되어 클라우드 기반 SaaS 솔루션과 같은 고대역폭 수요 애플리케이션과 진보된 기술을 가능하게 합니다. 이 파트너십은 효율성, 안전성 및 선원 복지를 향상시키는 동시에 공급자 다양성을 증가시키고 지리적 블랙아웃 지역을 줄이는 데 초점을 맞추고 있습니다.

KVH Industries a annoncé que Seaspan, un leader en matière de location de porte-conteneurs, a accepté d'équiper sa flotte avec la solution satellite en orbite terrestre basse (LEO) de OneWeb. Cette mise en œuvre vise à fournir une connectivité Internet similaire à celle à terre en mer, soutenant ainsi la stratégie de transformation numérique de Seaspan.

En tant que premier grand propriétaire/exploitant de conteneurs à s'associer avec KVH pour OneWeb, le déploiement de Seaspan renforcera l'infrastructure de connectivité de données de sa flotte, permettant des technologies avancées et des applications à forte demande en bande passante, telles que des solutions SaaS basées sur le cloud. Le partenariat se concentre sur l'amélioration de l'efficacité, de la sécurité et du bien-être des marins tout en augmentant la diversité des fournisseurs et en réduisant les zones de blackout géographiques.

KVH Industries gab bekannt, dass Seaspan, ein führendes Unternehmen für das Leasing von Containerschiffen, zugestimmt hat, seine Flotte mit der Satellitenlösung von OneWeb mit niedriger Erdumlaufbahn (LEO) auszustatten. Diese Implementierung zielt darauf ab, eine Internetverbindung ähnlich der im Hafen zu bieten und unterstützt damit die digitale Transformationsstrategie von Seaspan.

Als erster großer Containerreeder/Betreiber, der mit KVH für OneWeb zusammenarbeitet, wird die Einführung von Seaspan die Datenverbindungsinfrastruktur der Flotte stärken und fortschrittliche Technologien sowie bandbreitenintensive Anwendungen wie cloudbasierte SaaS-Lösungen ermöglichen. Die Partnerschaft konzentriert sich darauf, Effizienz, Sicherheit und das Wohlergehen der Seeleute zu verbessern, während die Anbieter-Diversität erhöht und geografische Blackout-Zonen reduziert werden.

Positive
  • First major container ship owner/operator to adopt KVH's OneWeb solution
  • Strategic partnership with leading containership lessor Seaspan expands market presence
  • Implementation enables new revenue streams through high-bandwidth applications
Negative
  • None.

Insights

This strategic partnership marks a significant advancement in maritime connectivity infrastructure. The integration of OneWeb's LEO solution through KVH represents a major technological leap for Seaspan's fleet operations. LEO satellites, operating at lower altitudes than traditional geostationary satellites, deliver substantially reduced latency and higher bandwidth, enabling real-time data processing and cloud-based applications previously impractical at sea.

The deployment will create a robust hybrid network architecture, combining multiple satellite orbits and communication channels. This redundancy significantly reduces connectivity blackspots and enhances service reliability. The ability to support SaaS applications and high-bandwidth operations could revolutionize Seaspan's operational efficiency, potentially leading to substantial cost savings and improved fleet management capabilities.

This deal represents a significant commercial win for KVH Industries, particularly as Seaspan is a major player in the container shipping sector with a fleet of over 140 vessels. The selection by a market leader like Seaspan validates KVH's technology and could catalyze similar adoptions across the maritime industry. The maritime satellite communications market is experiencing rapid growth, projected to reach $5.2 billion by 2027 and this partnership positions KVH to capture a larger market share.

The agreement could generate substantial recurring revenue through service subscriptions and hardware installations across Seaspan's extensive fleet. For KVH shareholders, this represents a positive development that could strengthen the company's competitive position in the maritime communications sector.

MIDDLETOWN, R.I., Dec. 10, 2024 (GLOBE NEWSWIRE) -- KVH Industries, Inc. (Nasdaq: KVHI), today announced that Seaspan Corporation (Seaspan), a world leading independent containership lessor, has signed an agreement to equip its fleet with the OneWeb advanced low earth orbit (LEO) satellite offering from KVH. This marks the next step in Seaspan’s drive to deliver shore-like Internet connectivity at sea, supporting its digital transformation strategy and augmenting its fleet’s existing LEO services.

Chad Impey, Senior Vice President for Global Sales at KVH, commented, “We are proud to support Seaspan with the planned deployment of OneWeb service and hardware as part of our fully integrated KVH ONE® multi-orbit, multi-channel network solution. It is the most recent example of our long-time, beneficial partnership in support of Seaspan’s innovative leadership, which has included the delivery of crew welfare content, advanced VSAT technology, and now a versatile hybrid solution using groundbreaking LEO technology that delivers affordable high data speeds, low latency, and outstanding performance.”

As an early adopter of LEO technologies, Seaspan is the first major owner/operator of container ships to partner with KVH for its OneWeb solution. Seaspan’s OneWeb rollout will further strengthen the fleet’s data connectivity infrastructure, enabling Seaspan to leverage advanced technologies and high bandwidth-demanding applications, including solutions such as cloud-based software as a service (SaaS) technology, which were previously unsuitable for maritime use.

“Our partnership with KVH for OneWeb services aligns with our strategy of providing a best-in-class communication experience across our fleet,” said Garret Wong, Vice President of Information Technology. “This initiative brings us closer to realizing shore-like connectivity at sea while enhancing efficiency, safety and seafarer welfare.”

Adrian Alb, head of IT Operations at Seaspan added, “LEO satellite technologies have set a new benchmark for vessel communications, offering high-bandwidth, low latency, and reliability far beyond traditional marine satellite solutions. This collaboration with KVH aligns with our goal of enhancing provider diversity and minimizing geographical blackout zones, further bolstering the robustness of our satellite communications infrastructure.”

Note to Editors: For more information about KVH, 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 KVH Industries, Inc.

KVH Industries, Inc. is a global leader in maritime and mobile connectivity 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.

About Seaspan

Seaspan is the world’s leading maritime asset-owner and operator focused on long-term, fixed-rate leases to the world’s most prominent shipping lines. As of June 30, 2024, Seaspan’s operating fleet consisted of 217 vessels, pro forma for 41 undelivered newbuilds including PCTCs, with a total fleet capacity of approximately 2.3 million TEU on a fully delivered basis. For more information, visit seaspancorp.com.

This press release contains forward-looking statements that involve risks and uncertainties. For example, forward-looking statements include statements regarding the success of our strategic evolution towards an integrated solution provider, competitive positioning and profitability, expected data speeds over the OneWeb network, the expected coverage availability via OneWeb, and the services to be provided under agreement with Seaspan. These and other factors are discussed in more detail in KVH’s Annual Report on Form 10-K filed with the SEC on March 15, 2024, and Quarterly Report on Form 10-Q filed with the SEC on November 5, 2024. Copies are available through its Investor Relations department and website, https://investors.kvh.com. KVH does not assume any obligation to update its 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 significance of Seaspan selecting KVH (KVHI) for OneWeb LEO satellite solution?

Seaspan is the first major container ship owner/operator to partner with KVH for OneWeb, marking a significant advancement in maritime connectivity and validating KVH's technology in the commercial shipping sector.

How will the OneWeb LEO solution benefit Seaspan's fleet operations?

The solution will provide shore-like Internet connectivity, enable cloud-based SaaS applications, enhance efficiency and safety, improve seafarer welfare, and minimize geographical blackout zones.

What technologies does KVH (KVHI) provide to Seaspan through this partnership?

KVH provides OneWeb LEO satellite services as part of their KVH ONE multi-orbit, multi-channel network solution, including crew welfare content and advanced VSAT technology.

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