NextPlat's Outfitter Satellite Awarded Three-Year State Government Satellite Enabled Services Contract
NextPlat's US-based connectivity division, Outfitter Satellite, has secured a three-year service contract from a US state government customer to provide satellite-enabled services. The contract includes satellite connectivity airtime service plans and hardware support for government workforce requiring voice and data connectivity during remote operations or natural disasters, with an option to renew for up to two years.
Acquired by NextPlat in April 2024, Nashville-based Outfitter has been providing satellite-based connectivity solutions from brands like Iridium, Inmarsat, and Globalstar for over two decades. Since its acquisition, Outfitter has generated significant high-margin recurring airtime revenue from North American sales, complementing NextPlat's global e-Commerce operations.
La divisione di connettività di NextPlat con sede negli Stati Uniti, Outfitter Satellite, ha ottenuto un contratto di servizio triennale da un cliente governativo di uno stato USA per fornire servizi abilitati via satellite. Il contratto include piani di servizio per il tempo d'aria della connettività satellitare e supporto hardware per il personale governativo che necessita di connettività vocale e dati durante operazioni remote o in caso di disastri naturali, con un'opzione di rinnovo per un massimo di due anni.
Acquisita da NextPlat nell'aprile 2024, Outfitter, con sede a Nashville, ha fornito soluzioni di connettività basate su satellite da marchi come Iridium, Inmarsat e Globalstar per oltre due decenni. Dalla sua acquisizione, Outfitter ha generato significativi ricavi ricorrenti ad alta marginalità dal mercato nordamericano, completando le operazioni globali di e-Commerce di NextPlat.
La división de conectividad de NextPlat con sede en Estados Unidos, Outfitter Satellite, ha asegurado un contrato de servicio de tres años de un cliente gubernamental de un estado estadounidense para proporcionar servicios habilitados por satélite. El contrato incluye planes de servicio de tiempo de conexión por satélite y soporte de hardware para el personal gubernamental que requiere conectividad de voz y datos durante operaciones remotas o desastres naturales, con una opción de renovación por hasta dos años.
Adquirida por NextPlat en abril de 2024, Outfitter, con sede en Nashville, ha estado proporcionando soluciones de conectividad basadas en satélite de marcas como Iridium, Inmarsat y Globalstar durante más de dos décadas. Desde su adquisición, Outfitter ha generado ingresos recurrentes significativos de alto margen en ventas en Norteamérica, complementando las operaciones globales de comercio electrónico de NextPlat.
NextPlat의 미국 기반 연결 부서인 Outfitter Satellite는 미국 주 정부 고객으로부터 위성 지원 서비스를 제공하기 위한 3년 서비스 계약을 체결했습니다. 이 계약에는 원격 작업 또는 자연 재해 중에 음성 및 데이터 연결이 필요한 정부 인력을 위한 위성 연결 airtime 서비스 계획 및 하드웨어 지원이 포함되어 있으며 최대 2년의 갱신 옵션이 포함되어 있습니다.
2024년 4월 NextPlat에 인수된 네쉬빌에 본사를 두고 있는 Outfitter는 20년 이상의 기간 동안 Iridium, Inmarsat 및 Globalstar와 같은 브랜드의 위성 기반 연결 솔루션을 제공해왔습니다. 인수 이후, Outfitter는 북미 매출에서 고수익 반복 airtime 수익을 상당히 창출하였으며, 이는 NextPlat의 글로벌 전자상거래 운영을 보완합니다.
La division de connectivité de NextPlat, basée aux États-Unis, Outfitter Satellite, a obtenu un contrat de service de trois ans d'un client gouvernemental d'un État américain pour fournir des services par satellite. Le contrat comprend des plans de service de temps de connexion satellite et un support matériel pour le personnel gouvernemental nécessitant une connectivité vocale et des données lors d'opérations à distance ou de catastrophes naturelles, avec une option de renouvellement jusqu'à deux ans.
Acquise par NextPlat en avril 2024, Outfitter, basée à Nashville, fournit des solutions de connectivité par satellite depuis plus de deux décennies avec des marques telles qu'Iridium, Inmarsat et Globalstar. Depuis son acquisition, Outfitter a généré des revenus récurrents significatifs à forte marge grâce aux ventes en Amérique du Nord, complétant les opérations mondiales de commerce électronique de NextPlat.
Die US-amerikanische Konnektivitätsabteilung von NextPlat, Outfitter Satellite, hat einen drei-Jahres-Servicevertrag von einem staatlichen Kunden in den USA gesichert, um satellitengestützte Dienstleistungen bereitzustellen. Der Vertrag umfasst Pläne für Satelliten-Konnektivität-Airtime-Dienste und Hardwareunterstützung für die Regierungsangestellten, die während von Fernoperationen oder Naturkatastrophen Sprach- und Datenverbindungen benötigen, mit einer Option auf Verlängerung um bis zu zwei Jahre.
Outfitter, das im April 2024 von NextPlat übernommen wurde, hat seinen Sitz in Nashville und bietet seit über zwei Jahrzehnten satellitengestützte Konnektivitätslösungen von Marken wie Iridium, Inmarsat und Globalstar an. Seit seiner Übernahme hat Outfitter signifikante hochmargige wiederkehrende Airtime-Einnahmen aus dem nordamerikanischen Verkauf generiert und ergänzt damit die globalen E-Commerce-Betriebe von NextPlat.
- Secured three-year government contract with two-year renewal option
- Generating high-margin recurring airtime revenue
- Contract expands presence in government sector
- None.
Insights
The three-year state government contract represents a strategic win for NextPlat's Outfitter Satellite division, strengthening their recurring revenue stream. Government contracts typically offer stable, predictable income and the potential for renewal, which could extend this relationship to five years. The focus on high-margin recurring service revenue is particularly noteworthy for a company with a market cap of
The acquisition of Outfitter in April 2024 appears to be paying off, diversifying NextPlat's revenue streams across both e-commerce and satellite services. The contract validates their expansion strategy and positions them well in the growing satellite communications market, especially in mission-critical government applications. While specific contract values weren't disclosed, government satellite service contracts typically command premium pricing due to reliability requirements and service level agreements.
The satellite connectivity market for government operations represents a critical infrastructure segment, particularly for emergency response and remote operations. Outfitter's multi-vendor approach, incorporating services from Iridium, Inmarsat and Globalstar, provides comprehensive coverage and redundancy options essential for government applications. This diversified portfolio positions them well against single-provider competitors.
The contract's focus on both voice and data connectivity, especially during natural disasters, highlights the growing importance of reliable backup communications systems. The integration of multiple satellite networks ensures continuous connectivity regardless of terrestrial infrastructure status, a important capability for government emergency response teams.
Contract Supports Increased Connectivity Needs of Government Workforce in Remote and Off Site Operations
Under the terms of the contract, Outfitter will provide satellite connectivity airtime service plans and hardware to the Customer in support of its government workforce who require voice and data connectivity when conducting remote or off-site work, or during natural disasters. The initial contract term is for three years and includes an option to renew for up to two years.
"Outfitter Satellite continues to play a vital role in driving our domestic growth, particularly in high-margin recurring service. We are pleased with the performance of the Outfitter team as they continue to grow and expand their customer base driven by their expertise and dedication to superior customer service and support," said David Phipps, President of NextPlat and CEO of Global Operations, and President of Outfitter Satellite.
Acquired by NextPlat in April 2024, based in
About NextPlat Corp
NextPlat is a global e-Commerce platform company created to capitalize on multiple high-growth sectors and markets including technology and healthcare. Through acquisitions, joint ventures and collaborations, the Company intends to assist businesses in selling their goods online, domestically, and internationally, allowing customers and partners to optimize their e-Commerce presence and revenue. NextPlat currently operates an e-Commerce communications division offering voice, data, tracking, and IoT products and services worldwide as well as pharmacy and healthcare data management services in
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MWGCO, Inc.
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SOURCE NextPlat Corp.
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