Stock Report: ORBCOMM Inc. (ORBC) Report Updated: May 20, 2013 | Print This Page

ORBCOMM Inc., a wireless data communications company, operates commercial wireless messaging system optimized for narrowband data communications primarily in the United States and Japan. The company’s services enable businesses and government agencies to track, monitor, control, and communicate with fixed and mobile assets. It also provides customers with technology to monitor, manage, and remotely control refrigerated transportation assets. The company provides these services through a constellation of 27 low-Earth orbit or LEO satellites, 2 AIS microsatellites, and accompanying ground infrastructure. In addition, it offers terrestrial-based cellular communication services through reseller agreements with cellular wireless providers. The company markets and sells its products and services directly to original equipment manufacturers, government customers, and end-users, as well as through value-added resellers, international value-added resellers, international licensees, and country representatives. It serves various markets, such as commercial transportation, heavy equipment, fixed asset monitoring, marine vessels, and refrigerated transportation, as well as government and homeland security/Automatic Identification System. As of December 31, 2011, the company had approximately 648,000 billable subscriber communicators. ORBCOMM Inc. was founded in 2001 and is headquartered in Fort Lee, New Jersey.