ORBCOMM

ORBCOMM is a New Jersey-based satellite communications company that provides M2M connectivity, asset monitoring, and related solutions for transportation and marine sectors. Read more

1,532 Followers on Owler
1,532 Followers on Owler
1,532 Followers on Owler
1,532 Followers on Owler

ORBCOMM

ORBCOMM is a New Jersey-based satellite communications company that provides M2M connectivity, asset monitoring, and related solutions for transportation and marine sectors. Read more

Marc J Eisenberg's photo - CEO of ORBCOMM

CEO

Marc J Eisenberg

CEO Approval Rating

90/100

Founded:

2001

Status:

PublicAcquisition Pending from GI Partners L.P.NASDAQORBC

ORBCOMM TOP COMPETITORS OR ALTERNATIVES

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Globalstar has been one of ORBCOMM's top competitors. Globalstar's headquarters is in Covington, Louisiana, and was founded in 1991. Like ORBCOMM, Globalstar also competes in the Telecommunication Services field. Globalstar generates 49% of ORBCOMM's revenue.

Iridium is one of ORBCOMM's top rivals. Iridium is a Public company that was founded in McLean, Virginia in 2000. Like ORBCOMM, Iridium also works within the Telecommunication Services industry. Iridium has 269 fewer employees vs. ORBCOMM.

Thermo King is perceived as one of ORBCOMM's biggest rivals. Thermo King was founded in 1938, and is headquartered in Minneapolis, Minnesota. Thermo King is in the Computers, Peripherals, Networking and Electronic Equipment industry. Thermo King generates $1.3B more revenue vs. ORBCOMM.

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ORBCOMM Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$248.5M

ORBCOMM's revenue is the ranked 4th among it's top 10 competitors. The top 10 competitors average 448.7M. Over the last three quarters, ORBCOMM's revenue has grown by 129.1%. Specifically, in Q4 2020's revenue was $130M; in Q3 2020, it was $61.7M; in Q2 2020, it was $56.7M.

ORBCOMM Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Blue Tree Systems Ltd.

Oct 2017

Source »
undisclosed
Blue Tree designs, develops and commercializes transportation management systems for refrigerated straight trucks and dry trailers.
inthinc, inc.

Jun 2017

Source »
undisclosed
inthinc is a developer and provider of Machine-to-Machine fleet management and driver safety solutions for exploration and production markets.
Skygistics

Apr 2016

Source »
undisclosed
Skygistics is specialized in providing satellite and cellular connectivity options for the control and management of remote assets.
WAM Technologies LLC

Oct 2015

Source »
undisclosed
WAM offers hardware and software services for the remote wireless management and control of refrigerated containers and ancillary equipment.
InSync Software, Inc.

Jan 2015

Source »
undisclosed
InSync Software, designs and develops software solutions for radio frequency identification (RFID).

These are all the companies that ORBCOMM has acquired. ORBCOMM has acquired 7 companies and its latest acquisition was Blue Tree Systems Ltd. in Oct 2017. Blue Tree designs, develops and commercializes transportation management systems for refrigerated straight trucks and dry trailers.

ORBCOMM Funding History

Since ORBCOMM was founded in 2001, it has participated in 3 rounds of funding. In total ORBCOMM has raised $356.5M. ORBCOMM's last funding round was on Dec 2020 for a total of $250.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Dec 2020
$250M
-
Debt - PPP (CARES Act)
Apr 2020
$5M - $10M
IPO
Nov 2006
$101.5M
-

Since ORBCOMM was founded in 2001, it has participated in 3 rounds of funding. In total ORBCOMM has raised $356.5M. ORBCOMM's last funding round was on Dec 2020 for a total of $250.0M

ORBCOMM Investments

No recent investments found related to ORBCOMM

These are all the companies that ORBCOMM has invested in. ORBCOMM has invested 7 companies and its latest investment was Blue Tree Systems Ltd. in Oct 2017. Blue Tree designs, develops and commercializes transportation management systems for refrigerated straight trucks and dry trailers.

ORBCOMM News

May 8, 2021MarketScreener

Halper Sadeh LLP Investigates ORBC, HWCC, ATH, MDCA; Shareholders are Encouraged to Contact the Firm

(marketscreener.com) NEW YORK, May 08, 2021 -- Halper Sadeh LLP, a global investor rights law firm, a... See more »
May 5, 2021Satnews

ORBCOMM Presents Their Newest SATCOM Device For IoT/M2M Applications

ORBCOMM's new, state-of-the-art, ST 2100 is a satellite communications device that enables IoT soluti... See more »
May 5, 2021Telematics Wire

ORBCOMM selected by Grassmid to provide its integrated in-cab and asset tracking solutions

ORBCOMM Inc, a global provider of Internet of Things (IoT) solutions, announced that it has been sele... See more »
April 20, 2021Telecompaper

Ron Finemore Transport picks Orbcomm asset management products

(Telecompaper) Orbcomm announced that Ron Finemore Transport, an Australian regional and inter-capita... See more »
April 17, 2021Virtual-Strategy Magazine

Monteverde & Associates PC Announces an Investigation of ORBCOMM, Inc. - ORBC

NEW YORK, April 17, 2021 /PRNewswire/ - Juan Monteverde, founder and managing partner at Monteverde &... See more »
April 16, 2021Global Legal Chronicle

GI Partners' $1.1 Billion Acquisition of Orbcomm

Simpson Thacher represented affiliates of GI Partners in the transaction. GI Partners entered into it... See more »
April 9, 2021MarketScreener

WeissLaw LLP Investigates ORBCOMM Inc.

(marketscreener.com) NEW YORK, April 9, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible b... See more »

ORBCOMM Blogs

November 2, 2020ORBCOMM Blog

Canadian ELD Update: ORBCOMM’s U.S. ELD Certifier Achieves Transport Canada Accreditation

There has been a big step forward this week for the third-party certification process that is needed ... See more »
October 15, 2020ORBCOMM Blog

How Africa Wildlife Tracking Leverages Satellite IoT to Prevent Poaching: Case Study

“You can understand, especially now, the emphasis is on anti-poaching. You need a reliable... See more »
October 7, 2020ORBCOMM Blog

Container Tracking in Real-Time Across the Intermodal Supply Chain: IANA Webinar

We’re looking forward to adding our voice to the discussion on the future of intermodal transport, in... See more »
October 5, 2020ORBCOMM Blog

Driven by Data: How Increased Digitalisation and Data Analysis Bring Benefits

This article was originally published in Ports & Harbors Magazine  Increased digit... See more »
September 28, 2020ORBCOMM Blog

Hours Of Service Rule Change LIVE Q&A Recap

Ahead of the FMCSA’s Hours of Service Rule Change on September 29th, we wanted to answer your q... See more »
September 25, 2020ORBCOMM Blog

HOS Rule Change: Live Q&A Rewind

With the FMCSA introducing its change to HOS regulations on September 29, I hosted a Live Q&A to ... See more »
September 22, 2020ORBCOMM Blog

HOS Rule Changes: Educate Drivers with this New Visor Card

The HOS Rule Changes are only 10 days away; will your drivers know what to do when the rules kick in ... See more »

ORBCOMM Press Releases

April 14, 2021PressReleasePoint

Ron Finemore Transport Realizes Measurable Savings and Improvements With ORBCOMMs Integrated Asset Management Solutions

Improves driver safety, vehicle utilization and maintenance planning across fleet of prime movers and... See more »
March 8, 2021GlobeNewswire

ORBCOMM to Participate at the 33rd Annual Roth Conference

ROCHELLE PARK, N.J., March 08, 2021 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (NASDAQ: ORBC), a global provide... See more »
December 10, 2020GlobalNewswire

ORBCOMM Poised to Support Its Transportation Customers in Global COVID-19 Vaccine Distribution

Industry-leading satellite-cellular IoT technology uniquely positioned to ensure visibility, security... See more »
May 12, 2020GlobeNewswire

ORBCOMM to Present at the 15th Annual Needham Virtual Technology and Media Conference

ROCHELLE PARK, N.J., May 12, 2020 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (NASDAQ: ORBC), a global provider ... See more »
October 24, 2019GlobeNewswire

Vishipel Selects ORBCOMM's Vessel Monitoring System for Commercial Fishing Market in Vietnam

Improves maritime safety, security and operational efficiency while helping to ensure regulatory comp... See more »
August 27, 2019PR Newswire

Purcell Julie & Lefkowitz LLP Is Investigating ORBCOMM Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors

NEW YORK, Aug. 27, 2019 /PRNewswire/ -- Purcell Julie & Lefkowitz LLP, a class action law firm dedica... See more »
June 24, 2019GlobalNewswire

ORBCOMM Recognized by the American Business Awards With Gold Stevie® for Its Intermodal Container Telematics Solution

Honored for its accomplishments in technology innovation in the new transportation products categoryH... See more »

ORBCOMM Videos

Social Media

ORBCOMM Headquarters

395 W Passaic Street Suite 325

Rochelle Park, New Jersey07662

1-703-433-6400

Driving Directions »

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ORBCOMM Summary

ABOUT

Overview

ORBCOMM is a New Jersey-based satellite communications company that provides M2M connectivity, asset monitoring, and related solutions for transportation and marine sectors. ORBCOMM was founded in 2001. ORBCOMM's headquarters is located in Rochelle Pa...

CEO

ORBCOMM's CEO, Marc J Eisenberg, currently has an approval rating of 90%. ORBCOMM's primary competitors are Globalstar, Iridium & Thermo King.

Website

orbcomm.com

Frequently Asked Questions about ORBCOMM

  1. When was ORBCOMM founded?

    ORBCOMM was founded in 2001
  2. Who is ORBCOMM's CEO?

    ORBCOMM's CEO is Marc J Eisenberg
  3. How much revenue does ORBCOMM generate?

    ORBCOMM generates $248.5M in revenue
  4. How much funding does ORBCOMM have?

    ORBCOMM has historically raised $356.5M in funding
  1. Where is ORBCOMM's headquarters?

    ORBCOMM's headquarters is in Rochelle Park New Jersey, USA
  2. How many employees does ORBCOMM have?

    ORBCOMM has 785 employees
  3. What sector does ORBCOMM operate in?

    ORBCOMM is in Telecommunication Services
  4. Who are ORBCOMM's competitors?

    ORBCOMM's top competitors are Globalstar, Iridium, Thermo King