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Stock impact report

Smit Lamnalco Selects KVH Maritime Solution for Connectivity and Network Management Services on its Offshore Vessels

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., May 10, 2017 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq:KVHI), announced today that major European maritime operator Smit Lamnalco finalized an agreement earlier this year to install KVH’s maritime solution on its offshore vessels. Following a successful field trial with KVH’s mini-VSAT Broadbandsm connectivity and TracPhone® V3-IP satellite communications antenna system, the potential is for KVH to deliver and install its maritime solution on up to 100 Smit Lamnalco offshore vessels over the next few years, and 20 have already been delivered. “We are extremely happy with the performance of KVH’s systems and services based on our test, and are proceeding to upgrade our vessels with this complete solution,” says Patrick van Woudenberg, group IT manager for Smit Lamnalco. “KVH is a great partner for us, and their knowledgeable technical staff helped design a solution that we can replicate across our fleet to standardize the connectivity on our vessels and imp Show less Read more
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