CAMBRIDGE, ON, May 9, 2013 /CNW/ - exactEarth announced today that it
has entered into a strategic collaboration agreement with Software
Radio Technology plc (SRT) of the UK aimed at optimizing the reception
of low cost AIS transponder transmissions from satellite. SRT is the
leading provider of Class B AIS transponders, identifiers and other
AIS-based products to the global market.
The detection range of AIS transceivers by a coastal monitoring system
is typically fifty nautical miles. However many vessels, large and
small frequently operate outside of the detection range of such
systems. The ability to reliably receive AIS transmissions from Class B
and Identifier type transceivers from space and therefore without
coastal range limitations will enable countries to significantly
improve their vessel monitoring capabilities.
Simon Tucker, CEO of SRT, said; "This is an important strategic step for
both exactEarth and SRT which will provide the market with a uniquely
capable AIS based tracking system solution. The technology that we are
developing with our new partner is complex and will take time to
perfect, but has already demonstrated a meaningful improvement on
standard satellite reception capability. We expect this agreement to
enable SRT to develop recurring revenue flows linked to the supply of
data via a range of applications and services in the future."
"This relationship puts the leaders in satellite AIS detection
technology together with the leaders in high performance AIS
transponder technology to solve the problem of reliably detecting low
cost AIS transponders from space", said Peter Mabson President of
exactEarth. "I am very excited by the potential of this relationship to
drive a new revenue stream for us by significantly increasing the
global population of deployed AIS products that we track with our
exactEarth satellite constellation. We are very happy to have
formalized our working relationship with the SRT team"
About exactEarth Ltd.
exactEarth, based in Cambridge, Ontario, is a data services company
providing the most advanced information on global maritime traffic
available today. Our premium service, exactAIS®, delivers an
unrivalled view of the recognized maritime picture at a global scale.
Offering fully secure data in a variety of industry standard formats
and delivery methods, exactEarth's data provides real value for a wide
range of operational maritime applications delivering operational
efficiencies, enhancing security, safeguarding the environment, and
assisting in saving lives. For more information, visit our website at www.exactearth.com.
Software Radio Technology plc develops advanced radio communications
technologies which are used to create enabling modules and OEM
products. SRT Marine Technology Limited focuses on VHF and AIS
technologies for use in navigation and homeland security identification
and tracking applications. SRT Marine Technology provides its
solutions in a variety of customisable module and OEM product formats.
SOURCE: exactEarth Ltd.
For further information:
President, exactEarth Ltd.
Tel: +1 519-622-4445 ext.5870
Tel: +1 416-815-0700 ext. 290
Chief Executive Officer, SRT plc
Tel: +44 (0) 1761-409-500