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ORBC - ORBC STOCK NEWS

Welcome to our dedicated page for ORBC news (Ticker: ORBC), a resource for investors and traders seeking the latest updates and insights on ORBC stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ORBC's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ORBC's position in the market.

Rhea-AI Summary

ORBCOMM Inc. (Nasdaq: ORBC) has partnered with Zachry Construction Corporation to implement its telematics solutions for tracking and monitoring a diverse fleet of heavy equipment. This collaboration aims to enhance operational visibility, optimize asset utilization, and enable predictive maintenance. The FleetEdge platform will allow Zachry to monitor real-time position reports, set geofences, and track operational metrics effectively. Zachry plans to complete the installation by the end of Q1 2021 and is exploring additional ORBCOMM IoT offerings.

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ORBCOMM (NASDAQ: ORBC) will hold a conference call on February 24, 2021, at 8:30 AM ET to discuss its fourth quarter and full year 2020 results. A press release detailing the financial outcomes will precede the call. CEO Marc Eisenberg and CFO Dean Milcos will lead the discussion. To participate, U.S. callers should dial 1-844-735-3762, while international callers can reach 1-412-317-5710. The conference call can also be accessed via a live web simulcast on ORBCOMM's investor relations website, with a replay available until March 10, 2021.

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ORBCOMM has partnered with Booth Transport, a key logistics provider in Australia, to implement its advanced asset tracking solutions for their fleet of ISO tanks, road tankers, and chassis. This collaboration aims to enhance fleet management through a unified cloud-based platform, providing real-time visibility and control over assets. ORBCOMM's technology also supports temperature monitoring, crucial for transporting sensitive products like dairy. Booth Transport is in the process of deploying these solutions across 10 depots, expecting improved operational efficiency and customer service.

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ORBCOMM Inc. (NASDAQ: ORBC) announced that CFO Dean Milcos will present at the 23rd Annual Needham Virtual Growth Conference on January 13th at 8:30 AM ET. The company is set to engage in virtual one-on-one meetings with registered investors throughout the day. The presentation will be available via webcast on ORBCOMM's investor relations website. ORBCOMM is a leader in IoT solutions, offering comprehensive asset monitoring and connectivity services across various industries including transportation and government.

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ORBCOMM (Nasdaq: ORBC) has extended its contract with Lloyd’s List Intelligence, enhancing maritime data services through 2023. This partnership, active since 2010, employs ORBCOMM’s satellite Automatic Identification System (AIS) data for ship tracking and maritime safety. The service improvement includes new CubeSats to expand global coverage and better visibility for smaller vessels. ORBCOMM’s AIS data is integral for Lloyd’s List Intelligence, allowing clients to make informed decisions in maritime trade.

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ORBCOMM Inc. has been recognized in the 2020 FL100+ Top Software and Technology Providers list by Food Logistics, highlighting its leadership in the global food distribution industry. The company excelled in eight categories, including Inventory Control and IoT. Christian Allred, Senior VP, noted that ORBCOMM's IoT solutions ensure visibility and compliance, crucial during the COVID-19 pandemic. The award underscores the company’s role in enhancing operational efficiency and safety in food transport amid stringent regulatory demands.

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ORBCOMM has been selected by Transgourmet Switzerland to enhance the management of its refrigerated transport fleet using advanced IoT technology. This integration will allow for improved monitoring of temperatures in trucks and trailers, ensuring compliance with cold chain requirements. Key features include certified temperature sensors, automated detection systems for quality assurance, and advanced tracking for fleet efficiency. The implementation was completed efficiently, optimizing both safety and operational performance.

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