News

ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Internet of Things (IoT) solutions, today announced that it is poised to support its transportation customers in the global distribution of the COVID-19 vaccine by providing its industry-leading cold chain telematics solutions. ORBCOMM’s IoT solutions provide end-to-end tracking, monitoring and control of refrigerated trailers, dry vans and sea containers throughout the supply chain on the road, rail and at sea.

As major pharmaceutical companies announce the success of experimental COVID-19 vaccines, global distribution of the vaccine is fast approaching, and the sensitive freight will require strict temperature compliance based on expected guidelines to be determined by U.S. and international regulatory authorities. The global leader in refrigerated telematics, ORBCOMM’s cold chain solutions provide real-time monitoring of temperature control and location of refrigerated shipments, ensuring visibility, security and integrity of the freight from origin to destination whether in remote or urban areas. If out-of-range conditions occur, such as deviations from the target temperature range, alarms are triggered immediately, enabling the carrier to take corrective action. Upon delivery of the refrigerated shipments, carriers receive comprehensive receipts showing proof that the load was kept at the proper temperature and met other storage requirements for the duration it was in the carrier’s possession. Once the COVID-19 vaccine distribution regulations and guidelines are determined by the regulatory authorities, ORBCOMM expects to work with its customers to address the new requirements for its cold chain solutions, including an increased temperature measurement range.

ORBCOMM’s asset management solutions can also support critical tracking of vaccine-related freight, including gloves, swabs, syringes and other necessary items to administer doses. With the next-generation ORBCOMM Platform, customers can access all of this valuable data for multiple asset classes along with advanced reporting and analytics through one seamless application for optimal fleet management.

In addition, ORBCOMM’s unique dual-mode satellite and cellular connectivity offers redundancy in transport load tracking and monitoring to provide reliable and continuous communications even in the most remote areas of the world. If a carrier is traveling in an area where cellular networks are unavailable or unreliable, including areas with high network congestion, ORBCOMM’s ubiquitous satellite IoT connectivity will be able to continue to track the freight’s location and temperature, providing peace of mind that their loads are compliant and meeting customers’ standards for quality and service. ORBCOMM’s new satellite as an accessory offering can also be used to add two-way, global satellite connectivity to ORBCOMM’s new and existing cellular asset tracking and monitoring devices to create dual-mode capability for its transportation solutions.

Given its long-standing leadership position in cold chain logistics, ORBCOMM has been at the forefront of recent conversations around the safe and reliable transport of COVID-19 vaccine shipments. The Company’s commentary and expert analysis has appeared in Commercial Carrier Journal, 24/7 Customers Broker News, Transport Dive, among others.

“ORBCOMM’s proven leadership and expertise in delivering end-to-end IoT transportation solutions make us a trusted partner for the world’s leading pharmaceutical companies and express carriers who are expected to be distributing the COVID-19 vaccine and related medical supplies,” said Chris MacDonald, ORBCOMM’s Senior Vice President and General Manager, Americas. “ORBCOMM’s global reach coupled with our unique dual-mode connectivity and our ability to track and monitor temperature-sensitive freight from the time it’s loaded to the time it’s delivered, will position us to play a key support role in ensuring the COVID-19 vaccine safely and reliably reaches its final destination – whether it’s a clinic, hospital, pharmacy or grocery store.”

For more information about ORBCOMM’s cold chain monitoring solutions, please visit https://www2.orbcomm.com/cold-chain.

About ORBCOMM Inc.

ORBCOMM (Nasdaq: ORBC) is a global leader and innovator in the industrial Internet of Things, providing solutions that connect businesses to their assets to deliver increased visibility and operational efficiency. The company offers a broad set of asset monitoring and control solutions, including seamless satellite and cellular connectivity, unique hardware and powerful applications, all backed by end-to-end customer support, from installation to deployment to customer care. ORBCOMM has a diverse customer base including premier OEMs, solutions customers and channel partners spanning transportation, supply chain, warehousing and inventory, heavy equipment, maritime, natural resources, and government. For more information, visit www.orbcomm.com. You can also connect with ORBCOMM at https://blog.orbcomm.com, on Twitter at @ORBCOMM_Inc, at https://www.linkedin.com/company/orbcomm or at https://www.youtube.com/c/ORBCOMM_Inc.

Forward-Looking Statements

Certain statements discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally relate to our plans, objectives and expectations for future events and include statements about our expectations, beliefs, plans, objectives, intentions, assumptions and other statements that are not historical facts. Such forward-looking statements, including those concerning the Company’s expectations, are subject to known and unknown risks and uncertainties, which could cause actual results to differ materially from the results, projected, expected or implied by the forward-looking statements, some of which are beyond the Company’s control, that may cause the Company’s actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. In addition, specific consideration should be given to various factors described in Part I, Item 1A. “Risk Factors” and Part II, Item 7. “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and elsewhere in our Annual Report on Form 10-K, and other documents, on file with the Securities and Exchange Commission. The Company undertakes no obligation to publicly revise any forward-looking statements or cautionary factors, except as required by law.

ORBCOMM Contacts
For Investors:
Aly Bonilla, VP of Investor Relations
+1 703.433.6360
bonilla.aly@orbcomm.com
investorrelations@orbcomm.com

For Trade Media:
Sue Rutherford, VP of Marketing
613.254.5269
rutherford.sue@orbcomm.com
mediarelations@orbcomm.com