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December 29, 2011 Finance news in Conifer,Colorado, United States of America

ORBCOMM Inc. (Nasdaq:ORBC) is a leading global satellite data communications company, focused on Machine-to-Machine (M2M) communications.




FOR IMMEDIATE RELEASE
Conifer, Colorado, United States of America (Free-Press-Release.com) December 29, 2011 -- ORBCOMM Inc. (Nasdaq:ORBC) is a leading global satellite data communications company, focused on Machine-to-Machine (M2M) communications. ORBCOMM based products are installed on trucks, containers, marine vessels, locomotives, backhoes, pipelines, oil wells, utility meters, storage tanks and other assets.



ORBCOMM and Space Exploration Technologies (SpaceX) yesterday announced the launch schedule for ORBCOMM’s second generation (OG2) satellites. The updated plan includes launching the first OG2 prototype satellite on the first Cargo Re-supply Services (CRS) mission in mid-2012, followed closely by an additional launch of two OG2 satellites into a high inclination orbit as a secondary payload in late 2012. In early 2013, SpaceX plans to launch eight to twelve OG2 satellites, and the remainder of the constellation of 18 OG2 satellites is expected to be launched in 2014. All launches are expected to be on Falcon 9 rockets.

In transitioning the launch of the first OG2 prototype spacecraft to the first CRS mission in lieu of the upcoming Commercial Orbital Transportation Services (COTS) mission, and adding the launch of two spacecraft toward the second half of 2012, ORBCOMM is able to field additional spacecraft in 2012 resulting in increased coverage, while spreading the deployment across multiple launches thereby reducing risk. SpaceX will fully verify the mission performance on the COTS mission and focus on the successful berthing of the Dragon spacecraft to the International Space Station (ISS).


For more information about ORBCOMM, please visit www.orbcomm.com

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