World Reach (ASX: WRR) has successfully secured a deal with Beijing Marine Communications & Navigation Company (MCN) to supply an initial A$1 million of Beam Inmarsat marine terminals.
World Reach is involved in the design, manufacturing and distribution of equipment, applications and services for the global needs of Information Communication and Technology markets.
Importantly, more orders are anticipated as MCN targets the high volume of land and maritime customers in China.
MCN is a leading operator of satellite communication services in China.
In July 2012, MCN agreed to undertake a trial deploying 200 Beam Oceana 400 and Oceana 800 marine communications terminals on fishing vessels in China, using the Inmarsat FleetPhone Service.
The terminals were specifically designed and manufactured by World Reach subsidiary, Beam Communications, to support the voice, data and tracking communications that take place over the Inmarsat satellite network via its 'Fleetphone' maritime service.
These terminals were launched to the global market in late 2011 to specifically target high volume deployments in emerging satellite markets.
Delivery of the initial $1 million order will begin this quarter and be completed by the end of May 2013.
*Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.* Reported by Proactive Investors 1 day ago.
World Reach is involved in the design, manufacturing and distribution of equipment, applications and services for the global needs of Information Communication and Technology markets.
Importantly, more orders are anticipated as MCN targets the high volume of land and maritime customers in China.
MCN is a leading operator of satellite communication services in China.
In July 2012, MCN agreed to undertake a trial deploying 200 Beam Oceana 400 and Oceana 800 marine communications terminals on fishing vessels in China, using the Inmarsat FleetPhone Service.
The terminals were specifically designed and manufactured by World Reach subsidiary, Beam Communications, to support the voice, data and tracking communications that take place over the Inmarsat satellite network via its 'Fleetphone' maritime service.
These terminals were launched to the global market in late 2011 to specifically target high volume deployments in emerging satellite markets.
Delivery of the initial $1 million order will begin this quarter and be completed by the end of May 2013.
*Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.* Reported by Proactive Investors 1 day ago.