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KVH Strengthens its Leadership Position in the Maritime VSAT Market, According to Independent Industry Report

KVH Industries, Inc. (KVHI) 
Last kvh industries, inc. earnings: 5/1 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.kvh.com
Company Research Source: GlobeNewswire
MIDDLETOWN, R.I., April 10, 2018 (GLOBE NEWSWIRE) -- Mobile tech innovator KVH Industries, Inc., (Nasdaq:KVHI), continued its #1 leadership position in the maritime VSAT market based on total number of units fielded, and increased its market share, according to a newly released report by Euroconsult, the leading global consulting firm specializing in space markets. “Prospects for Maritime Satellite Communications, 6th Edition” reports that KVH’s share of the industry’s fielded VSAT terminals is 31.2%, up from 26% in the previous report four years ago. In the new analysis, KVH’s market share in terms of number of VSAT terminals was reported to be nearly double that of its next closest competitor, as of the end of 2017. “The demand for our VSAT products and our unique combination of hardware, service, and value-added content is driven by the digital transformation underway throughout the maritime industry,” says Martin Kits van Heyningen, co-founder and chief executive officer of KV Show less Read more
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