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Orbcomm Inc

 
Hoover's Profile: ORBCOMM Inc.
(NASDAQ (GM):ORBC)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
ORBCOMM Inc.
2115 Linwood Ave., Ste. 100
Fort Lee, NJ 07024
NJ Tel. 703-433-6300
Toll Free 800-672-2666
Fax 703-433-6400

Type: Public
On the web: http://www.orbcomm.com
Employees: 108
Employee growth: 12.5%

ORBCOMM uses its fleet of 30 low-Earth-orbit (LEO) satellites to help customers keep an eye on their earthbound assets. The system's two-way data transmission capabilities allow users to track mobile equipment, monitor fixed assets such as utility meters and pipelines, and communicate with mobile and remote workers around the globe. It provides machine-to-machine (M2M) and telematics services. The company also serves government customers including the US Coast Guard, by transmitting data from remote weather stations and seismic sensors and identifying and tracking aircraft and marine vessels.

Key numbers for fiscal year ending December, 2008:
Sales: $30.1M
One year growth: 6.9%
Net income: ($4.5)M

Officers:
Chairman: Jerome Eisenberg
CEO and Director: Marc J. Eisenberg
EVP and CFO: Robert G. Costantini

Competitors:
Globalstar
Inmarsat
Iridium Satellite

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