Maritime VSAT provider KVH says no-commitment service to be cash-flow positive in 2019

by Peter B. de Selding

PARIS — Maritime satellite hardware and service provider KVH Industries expects to be cash-flow positive in 2019 on its year-old AgilePlans Connectivity as a Service offering, saying market take-up has continued through the end of 2018.

Without disclosing Q4 financials, KVH Chief Executive Martin Kits van Heyningen said its shipment of KVH-built satellite maritime VSAT terminals was up 125% in the three months ending Sept. 30.

The AgilePlans shipments, mainly going to new customers who have not already purchased their hardware, was up 90% in the . . .

To view the entire article, become a subscriber!

You may also like