KVH Adds Mediterranean Region to KVH Elite Unlimited VSAT Streaming Service for Yachts
April 30 2020 - 3:15AM
KVH Industries, Inc., (Nasdaq: KVHI), announced today that
beginning June 1, it will add the Mediterranean region, a premier
superyacht destination, to its KVH Elite™ service for unlimited
HD-quality streaming onboard yachts. The dedicated service, which
includes no overages or data limits, was initially launched last
October in the Caribbean, where it was well-received by both
private and charter yachts.
KVH will continue to offer KVH Elite in the Caribbean—including
Florida, the Caribbean, and the islands of the eastern Caribbean—in
addition to beginning service in the Mediterranean, including the
Adriatic Sea and the Black Sea. The Mediterranean yachting season
begins in June and has historically attracted superyachts not only
from Europe but also from the Caribbean, although global travel
restrictions may prompt many yachts currently in the Caribbean to
remain there for the balance of the year. “Yachting is a source of
enjoyment for yacht owners and charter guests, and they want to be
able to stream movies and other entertainment content just like at
home,” says Mark Woodhead, KVH executive vice president for mobile
connectivity. “The yachting market, especially during this
unprecedented time, is seeing an incredible demand for VSAT
connectivity. KVH Elite unlimited streaming service is one more
example of how KVH’s premium VSAT connectivity can enhance the
yachting experience.” KVH Elite enables people onboard to use their
favorite apps for streaming popular HD movie and TV content, music,
and more, on an unlimited basis with no overages or data usage
limits. The streaming service uses KVH’s award-winning VSAT antenna
systems— the 1 meter diameter TracPhone® V11-HTS with download
speeds as fast as 20 Mbps, and the 60 cm diameter TracPhone V7-HTS
with download speeds as fast as 10 Mbps—and is designed for ease of
use, with simple over-the-air activation that does not require any
hardware changes to the antenna system or its belowdecks control
unit. Yachts currently using the TracPhone V11-HTS or V7-HTS are
KVH Elite-ready for activation. KVH Elite is available as a weekly
or monthly airtime plan, and seamless access to the service is
managed by KVH Superyacht Group’s concierge service. Yachts enjoy
their selected V11-HTS or V7-HTS high-speed and unlimited use data
plans and the benefits of KVH’s global HTS service when not in the
KVH Elite streaming regions. KVH Elite relies on KVH’s mini-VSAT
Broadbandsm HTS network, which utilizes Intelsat’s FlexMaritime
service to deliver global multi-layered coverage, enabling vessels
to see multiple HTS and wide beam satellites for maximum
availability of broadband service. KVH is a mobile tech innovator
that provides connectivity solutions for commercial maritime,
leisure marine, and land-mobile applications on vessels and
vehicles, including the award-winning TracPhone and TracVision®
product lines, the global mini-VSAT Broadband network, and
AgilePlans® Connectivity as a Service (CaaS). The company’s KVH
Media Group provides news, sports, and entertainment content with
such brands as NEWSlink™ and SPORTSlink™.
Note to Editors: For more information about KVH Elite unlimited
VSAT streaming, please visit the website,
kvh.com/unlimitedstreaming. High-resolution images of KVH products
are available at the KVH Press Room Image Library,
kvh.com/Press-Room/Image-Library.
About KVH Industries, Inc.KVH Industries, Inc.,
is a global leader in mobile connectivity and inertial navigation
systems, innovating to enable a mobile world. A market leader in
maritime VSAT, KVH designs, manufactures, and provides connectivity
and content services globally. KVH is also a premier manufacturer
of high-performance sensors and integrated inertial systems for
defense and commercial applications. Founded in 1982, the company
is based in Middletown, RI, with research, development, and
manufacturing operations in Middletown, RI, and Tinley Park, IL,
and more than a dozen offices around the globe.
This press release
contains forward-looking statements that involve risks and
uncertainties. For example, forward-looking statements include
statements regarding the expected benefits to KVH customers of the
unlimited VSAT streaming service; the expected data speeds over
KVH’s mini-VSAT Broadband HTS network; the expected pricing of the
new services; the expected level of coverage availability; and the
ease of using the new service. Actual results could differ
materially from the forward-looking statements made in this press
release. Factors that might cause these differences include, but
are not limited to: unanticipated technical and other challenges
that arise with the services; capacity availability to support
simultaneous terminals and/or users; unanticipated technical,
legal, and regulatory delays with the services; customer and
strategic partner responses; potential future changes to the
pricing or other terms; and potential unforeseen costs or expenses
of providing the products and services. These and other factors are
discussed in more detail in KVH’s Form 10-K filed with the SEC on
February 28, 2020. Copies are available through its Investor
Relations department and website, https://ir.kvh.com. KVH does not
assume any obligation to update forward-looking statements to
reflect new information and developments.
KVH Industries, Inc.,
has used, registered, or applied to register its trademarks in the
U.S.A. and other countries around the world, including but not
limited to the following marks: KVH, KVH Elite, TracPhone,
mini-VSAT Broadband, TracVision, AgilePlans, NEWSlink, and
SPORTSlink. All other trademarks are the property of their
respective companies.
For further information, please contact:Jill
ConnorsMedia Relations & Industry Analyst ManagerKVH
Industries, Inc.Tel: +1 401 851 3824jconnors@kvh.com
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