Inmarsat, ABB Pact on IoT Platform
British satellite telecommunications company Inmarsat plc and the provider of electric, digital and connected solutions for the marine industry ABB Marine & Ports have signed a master supply agreement aimed at tackling an obstacle identified by ship owners which has stopped them using IoT (Internet of Things) technology.A recent 2018 Inmarsat survey of 125 owners found 51% identifying an inability to get data off ships in real-time as their obstacle to IoT adoption.The agreement recognises ABB as a certified application provider to work with Fleet Data, the IoT platform developed by Inmarsat and
Inmarsat Sees Rough Sea Ahead
The satellite communications group Inmarsat plc cautions that with the slowdown in the global economy hitting shipping, satellite communications industry faces rough weather, according to a report in Reuters. The British company, which provides data and voice connections to shipping, warned that tough trading was set to persist in its maritime and government markets this year. "We are seeing modest growing headwinds in terms of global trade slowdown and increased scrappage and lay outs," Chief Executive Rupert Pearce said. The capital expenditure forecast is
Inmarsat Forms Strategic Partnership With RigNet
Inmarsat plc, provider of global mobile satellite communications services, & RigNet, Inc. global provider of managed remote communications solutions to the oil and gas industry, agree a wide-ranging strategic transaction involving the appointment of RigNet to distribute Inmarsat’s Global Xpress and L-band services to the energy sector & the sale of Inmarsat’s retail energy business to RigNet. The main points of the strategic partnership: • Inmarsat and RigNet sign long-term distribution agreement for Global Xpress and L-band services &nb
February 2025
