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Technology Stocks : KVH Industries, Inc.
KVHI 5.520-2.1%Nov 7 9:30 AM EST

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From: 23 skidoo5/4/2019 10:47:45 AM
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Remarks from Q1 conference call

At the end of his prepared remarks during Thursday's Q1 conference call KVH CEO Martin A. Kits Van Heyningen said that KVH has a "strong new product pipeline and should have some key partnership announcements in the coming months."
During the Q&A portion Christopher Quilty of Quilty Analytics, Inc. asked for a clarification: "The discussion around the IoT services and you've got a pending announcement with the partner. Can you clarify for us, because people describe IoT as many different things, the exact type of services that you're thinking about in terms of is this more of a [Skada] type solution? Is it a narrowband solution? Who is the customer? What's the application?
Martin's response: "Yes. So that's what we'll be announcing at Nor-Shipping in the beginning of June. So it's a commercial maritime. It involves high speeds as well as sort of triple flow data off ships. So it's going to be an interesting take on the market and I think might be sort of unique product offering there."
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