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Strategic AIS Satellite Partnership

9 May 2013 07:00

RNS Number : 2996E
Software Radio Technology PLC
09 May 2013
 



SOFTWARE RADIO TECHNOLOGY PLC

("SRT") (AIM: SRT)

 

Strategic AIS Satellite Partnership

 

SRT is pleased to announce that it has signed a memorandum of understanding with exactEarth Ltd of Canada to develop technology to optimise transmissions from Identifier and Class B type AIS transceivers, enabling reliable reception from space through the growing exactEarth AIS satellite network.

 

The detection range of AIS transceivers by a coastal monitoring system is typically approximately 50 nautical miles. However many vessels, both large and small, frequently operate outside 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 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 the partnership 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 significantly increase the global population of deployed AIS products that we track with our exactEarth satellite constellation and very happy to have formalized our working relationship with the SRT team"

 

Contacts:

Software Radio Technology plc

Simon Tucker, Chief Executive Officer

+44 (0) 1761 409 500

simon.tucker@softwarerad.com

WH Ireland Limited

Tim Feather

+44 (0) 20 7220 1666

Allerton Communications Limited

Peter Curtain

+44 (0) 20 3137 2500

 

- ends -

 

NOTES TO EDITORS

 

About SRT:

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.

 

About exactEarth:

exactEarth, based in Cambridge, Ontario, is a data services company providing the most advanced information on global maritime traffic available today. Its 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 www.exactearth.com.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCLFFVIERITIIV
Date   Source Headline
17th Aug 200712:42 pmPRNAIM Rule 26
2nd Aug 20077:00 amPRNRNLI Supply Agreement
31st Jul 20079:49 amPRNTotal Voting Rights
24th Jul 200711:11 amPRNDirector/PDMR Shareholding
20th Jul 200710:02 amPRNGrant of options
18th Jul 20073:38 pmPRNIssue of Equity
16th Jul 20074:04 pmPRNIssue of Equity
12th Jul 20073:30 pmPRNIssue of Equity and Directors' Dealings
22nd Jun 20077:00 amPRNDirectorate Change
15th Jun 20077:02 amRNSL3 - AIS AtoN Update
23rd May 20077:02 amRNSAIS - Scandinavian Markets
23rd Apr 200711:46 amPRNResult of EGM
13th Apr 200711:00 amPRNStatement re: FCC Approval
11th Apr 200711:31 amPRNHolding(s) in Company
11th Apr 20077:00 amPRNAIS Class B FCC Approval
5th Apr 20073:21 pmPRNHolding(s) in Company
29th Mar 20077:00 amPRNPlacing
21st Mar 20073:34 pmPRNHolding(s) in Company
13th Mar 20077:00 amPRNMarine Division Update
12th Mar 20077:00 amPRNTETRA Technology Agreements
9th Mar 20072:31 pmPRNHolding(s) in Company
5th Mar 20073:59 pmPRNHolding(s) in Company
28th Feb 20074:52 pmPRNTotal Voting Rights
19th Feb 20071:04 pmPRNHolding(s) in Company
15th Feb 20074:29 pmPRNHolding(s) in Company
15th Feb 20072:22 pmPRNIssue of Equity
14th Feb 20077:00 amPRNUS COAST GUARD APPROVAL
2nd Feb 20077:00 amPRNTETRA Technology Supply Agreement
12th Jan 20075:34 pmPRNHolding of Warrants
4th Jan 20073:22 pmPRNIssue of Equity
21st Dec 20067:02 amPRNAIS Agreement
18th Dec 20063:42 pmPRNTotal Voting Rights
13th Dec 20067:00 amPRNDirectorate Change
12th Dec 20064:18 pmPRNHolding(s) in Company
7th Dec 20067:00 amPRNInterim Results
4th Dec 200610:52 amPRNHolding(s) in Company
12th Oct 20067:00 amPRNChinese Air Force
5th Sep 20069:58 amPRNHolding(s) in Company
7th Aug 200611:43 amPRNResult of AGM
4th Jul 20067:00 amPRNAIS agreement signed
23rd Jun 20067:00 amPRNMarine AIS Class B Distributor Agreements
22nd Jun 20063:33 pmPRNHolding(s) in Company
19th Jun 200611:45 amPRNResult of EGM
15th Jun 20067:00 amPRNFinal Results
25th May 20067:00 amPRNPlacing
15th May 20069:12 amPRNAIS Class B Distribution Agreement
27th Apr 20067:00 amPRNTrading Update
5th Apr 20067:00 amPRNTETRA Contract
29th Mar 20067:00 amPRNTETRA Exclusivity Agreement
15th Mar 20067:00 amPRNAward of Contract

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