ORBCOMM, Savi secure multi-million dollar order

ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, and Savi®, an innovator in big data/machine learning analytic solutions, supply chain management software and sensor technology, have announced that the US Department of Defense (DoD) has placed a significant multi-million dollar order with Savi for ORBCOMM telematics products and Savi services, which will enable the DoD to track and monitor nearly 24,000 high-value military assets, the companies said.

This order from the Defense Logistics Agency (DLA) is part of the active RFID-IV contract to provide government agencies and allied partners with state-of-the-art hardware, software and integration services for worldwide asset tracking and in-transit visibility. Savi is currently the sole provider for the RFID-IV contract, which has a USD 102 million ceiling and is in its second and final option year.

In support of this initiative, ORBCOMM´s high-performance cellular devices will be used along with Savi´s platform to supply in-transit visibility and inventory and logistics data, significantly reducing the resources needed to manage and track important DoD assets. ORBCOMM´s ruggedized, sealed devices were selected for this application because their waterproof, solar panels provide continuous power to rechargeable batteries, offering reliable service without maintenance or battery changes across a typical asset´s lifecycle.

Valuable data from ORBCOMM´s devices will flow to Savi Visibilityâ„¢, a cloud-based visibility and analytics platform, and to DoD´s RF-ITV network where agency logistics managers can see the real-time location and status of their assets. Savi´s visibility platform provides a real-time view of where assets are in-transit, eliminating supply chain blind spots. Logisticians are able to receive Savi Visibility´s real-time alerts for anomalies, such as tampering, delays or cargo entering or exiting a geozone outside of pre-determined parameters, to mitigate delays and execute contingency plans.

ORBCOMM and Savi plan to complete deployment of their in-transit visibility and asset tracking solutions in the fourth quarter of 2018 and to continue to work with agency officials to expand their solutions to other groups within the DoD.

Savi delivers live streaming facts and insights about the location, condition, and security of in-transit goods. Using big data and analytics, Savi equips shippers, carriers, 3PLs, and governments with actionable insights to optimize supply chains before, during and after transit, reducing costs and inventory while improving service. Savi is trusted to support some of the world´s largest and most complex supply chain networks for large CPG companies, Pharma, the US DoD and over a dozen government agencies around the globe. To learn more, visit www.savi.com.

ORBCOMM 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.