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Stock impact report

Inmarsat Awards Contract for GX-5 Ground Infrastructure to VT iDirect

INMARSAT PLC ADR (IMASY) 
NASDAQ:AMEX Investor Relations: investors.inmarsat.com
Company Research Source: PR Web
HERNDON, Va. (PRWEB) July 16, 2018 VT iDirect, a company of VT Systems, announced today that Inmarsat (LON: ISAT), the world's leading provider of global mobile satellite communications, has awarded the ground infrastructure contract for Inmarsat's fifth Global Xpress (GX-5) high-speed, broadband communications satellite to VT iDirect.The iDirect Velocity® platform and iQ Series remotes support Inmarsat in delivering the high-speed broadband capabilities of GX-5 at a very low cost per bit. Inmarsat terminals will also be able to seamlessly switch between existing GX capacity and new GX-5 capacity. The agreement builds on a long-standing partnership and reflects Inmarsat's strategy of adding capacity to its already established, unique, mobile global broadband network, supported by the iDirect Velocity platform, to meet growing customer demand.VT iDirect's next-generation technology enables interoperability between DVB-S2 and DVB-S2X which not only drives improved efficiencies but also Show less Read more
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