Orbit Increases Oil & Gas Market Share
Orbit Technologies Ltd. has announced a follow up order for its marine VSAT antenna systems from the Swiss company NewSat Communications S.A. Total orders for the year are in excess of USD 2 million dollars. The current order – Orbit’s AL-7108 system – caps four years of Orbit systems sales to NewSat, totaling more than USD 3 million. Continuing orders are expected in 2010. NewSat installs Orbit’s systems on drilling platforms at sea and onboard ships.
The Orbit systems purchased by NewSat provide broadband connectivity which enables real time data transmission between marine platforms and their land-based headquarters, offering a substantial efficiency increase and providing measurable savings in communication costs. Orbit’s President and CEO, Avi Cohen: “We take pride in NewSat’s repeat VSAT orders. Years of repeated orders from a discriminating company such as NewSat underscore our systems’ performance and the support offered to our clients. With always-on connectivity, Orbit’s VSAT systems for the Oil & Gas market provide a highly efficient broadband solution in terms of cost/benefit ratio. With this order, Orbit continues to demonstrate its ability to provide custom tailored solutions for these specific applications, using the most advanced technologies. This order further reinforces Orbit’s confidence in a near future reality where every platform, stationary or mobile, will have broadband connectivity. The linear sales growth we’ve been experiencing appears to be on the cusp of turning into an exponential one.”
The systems ordered by NewSat are Orbit’s AL-7108 which is a 2.4m C-band marine stabilised Tx/Rx system. Specially designed to provide continuous connectivity in mid-ocean or in equatorial areas with heavy rains, Orbit’s AL-7108 system ensures superior 2-way, high-speed, broadband communication for vital onboard communication and entertainment services. Providing onboard phone, Internet, streaming video, data, GSM cellular, fax and videoconference systems for cargo, cruise ships and ferries, tankers, fishing boats, oil & gas rigs and supporting vessels, buoys and combat vessels, the state-of-the-art AL-7108 is a cost-effective solution globally deployed by Orbit’s commercial, private and military customers.