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Technology Stocks : KVH Industries, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: awecr2 who wrote (7014)	7/25/2018 10:04:22 AM
From: WalterP	Respond to of 7249

Transpetro Selects KVH VSAT for Brazilian Tanker Connectivity KVH’s global coverage, data speed, and complete connectivity solution were deciding factors MIDDLETOWN, R.I., July 25, 2018 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), is pleased to announce that Transpetro has chosen KVH VSAT connectivity after conducting a competitive process for selecting new connectivity services for the majority of its tankers. Brazilian-based Transpetro provides transportation for the state-owned Petrobras oil and gas company. Transpetro chose KVH’s TracPhone® V7-HTS satellite communications antenna system with a five-year airtime contract for 45 tankers, a combination of newbuilds and existing tankers. The installations will take place throughout the next 12 months in Brazil, where KVH’s subsidiary, KVH Brazil, has been in operation since 2011. “We selected KVH for the global coverage and the data speed, which will enable us to improve operational efficiency and provide crew welfare,” says Jose Ricardo Esses, CIO of Transpetro. “Another deciding factor in choosing KVH VSAT was the ease of use in having one provider for the complete connectivity solution.” KVH’s TracPhone V7-HTS is a 60 cm Ku-band satellite communications antenna designed for the mini-VSAT Broadbandsm network, which utilizes high-throughput satellite (HTS) technology. KVH’s mini-VSAT Broadband network provides global maritime coverage and the TracPhone V7-HTS delivers data speeds up to 10 Mbps download, and 3 Mbps upload. Each TracPhone V7-HTS includes a belowdecks Integrated CommBoxTM Modem (ICM), with built-in capability for onboard network management solutions. “We are very pleased to be providing a complete connectivity solution for this important fleet in the Brazilian oil and gas industry,” says Ryan Smith, KVH’s director of global channel management. “With its superior data speed and global Ku-band coverage, KVH’s TracPhone V7-HTS is ideal for the tankers.

To: awecr2 who wrote (7014)	8/2/2018 3:45:29 PM
From: awecr2	Read Replies (1) \| Respond to of 7249

Hey Guys, There is a lot to be excited about, from the cc. KVH met or exceeded my expectations, in most areas today. Content was the exception. I’m now highly confident that the miniVsat Service category will be at or exceeding 20% top line growth, by Q3 2019. Depending on the new hardware, coming this fall, there’s an improving likelihood that number could exceed 30%. Assuming more HTS hardware, in both 2018 & 2019, double digit growth will continue for the foreseeable future, beginning in q4. I’m modeling 7% & 10% Vsat Services growth in q3 & q4, respectively. The no contract approach to maritime is game changing. KVH timed it well, with the rollout of HTS hardware. The impact on Inmarsats sales were immediate, as reflected in their conference call. KVH is stealing market share at an accelerating rate. If they get the content part fixed, the vsat business alone, will be worth over $500mm. Something is brewing in the FOG category. The existing products are taking hold. Very exciting. The addition of a 2nd shift bodes well for continued double digit growth. We are likely to see this stock reach 14 year highs, very soon. The wait is almost over. Aw