exactEarth Ltd. (“the Company”), a leading provider of Satellite AIS (“S-AIS”) data services, announces that the final six payloads for its second-generation constellation, exactView RT, are now operational, which completes the roll-out of world’s first global, real-time Satellite-AIS service. This revolutionary capability is expected to enable a wide variety of new service capabilities for the global maritime community and to contribute strongly over the next 15 years or more to the improvement of maritime safety, commerce, navigation, environmental management, and security.
exactView RT consists of 58 operational payloads and seven orbital spares that were designed and built by Harris Corporation (“Harris”) and that are hosted onboard the Iridium NEXT constellation of satellites, which is owned and operated by Iridium Communications Inc. (“Iridium”). The Iridium NEXT satellites were deployed over a series of eight successful launches completed in under two years and are the result of Iridium’s approximately $3 billion investment to replace its original satellite system.
exactView RT’s advanced maritime payloads cover the entire maritime VHF radio band and leverage the unique cross-linked architecture of the Iridium NEXT satellite constellation to deliver AIS and other vessel-based VHF data services from any vessel, anywhere on the globe, relaying that data securely to customers in real-time. exactView RT tracks a population of more than 500,000 unique vessels worldwide and generates Average Global Revisit rates and Average Latency rates of less than one minute.
“On behalf of exactEarth, I want to congratulate the teams at Iridium and Harris for their remarkable execution and overall achievement in such a short period of time,” said Peter Mabson, CEO of exactEarth. “Iridium NEXT is without question among the world’s most technologically sophisticated constellations and we are thrilled that exactView RT will be part of this advanced, reliable and flexible platform for the next 15 years or more.”
Mr. Mabson continued: “With its key performance capabilities of real-time data delivery, superior vessel detection, rapid update rate, longevity and continuous improvement, we believe that exactView RT provides us with a measurable and sustainable competitive advantage. We think this type of high-end service will be ideal for both commercial and government customers concerned with issues such as homeland security, search and rescue, intelligent weather routing, commodity tracking, and down the road, ‘Smartships’ and eNavigation. As exactView RT makes its way into the market with the ability to provide reliable accurate pin-point vessel data instantly from anywhere in the world at any time of the day, we believe the market interest and demand will continue to grow.”
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