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exactEarth Announces Agreement to Provide Indian Navy with Satellite AIS


Dec. 17, 2019

exactEarth Ltd. has renewed its contract with Antrix Corporation Ltd., the commercial arm of the Indian Space Research Organization, to provide Satellite-AIS data services to the Indian Navy. The two-year subscription revenue contract is valued at USD $1.2 million in total.

Under the terms of the agreement, exactEarth will provide live and archived data from exactView RT, the Company's second-generation real-time Satellite-AIS data service, to, among other things, help the Indian Navy to monitor, in real-time, maritime activity along its 7,500 km of coastline and near its significant offshore resources.

"We are very pleased to renew our relationship with Antrix and the Indian Navy," said Peter Mabson, CEO of exactEarth. "Their commitment to a multi-year agreement and expanded service level demonstrates that they recognize the enhanced value of our real-time exactView RT service and that they value exactEarth as a long-term partner for their critical data needs. With its real-time data delivery, superior vessel detection and long-term reliability, we believe that exactView RT is increasingly being recognized as offering a measurable and sustainable competitive advantage in the market."




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