The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSrt Marine Sys. Regulatory News (SRT)

Share Price Information for Srt Marine Sys. (SRT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 20.50
Bid: 20.00
Ask: 21.00
Change: -1.50 (-6.98%)
Spread: 1.00 (5.00%)
Open: 21.50
High: 20.00
Low: 20.00
Prev. Close: 21.50
SRT Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

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
6th Jun 20185:00 pmRNSHolding(s) in Company
4th Jun 20187:00 amRNSLive Webcast changed to 6 June 2018
1st Jun 20187:00 amRNSLive Webcast 5 June 2018
30th May 20181:31 pmRNSResult of Placing and Loan Note Refinancing
24th May 20183:28 pmRNSStatement regarding press speculation
11th Apr 20189:05 amRNSSecond Price Monitoring Extn
11th Apr 20189:00 amRNSPrice Monitoring Extension
11th Apr 20187:00 amRNSYear End Trading Update
6th Apr 201810:05 amRNSHolding(s) in Company
8th Mar 20187:00 amRNSHolding(s) in Company
9th Feb 20187:00 amRNSHolding(s) in Company
1st Feb 20187:00 amRNSLive Webcast 6 February 2018
1st Dec 20177:00 amRNSIssue of Equity
14th Nov 20177:00 amRNSHalf-year Report
8th Nov 20177:00 amRNSLive Webcast 14 November 2017
10th Oct 20177:00 amRNSHalf Year Trading Update
25th Sep 20177:00 amRNSOCEAN-SCAN Satellite System
25th Sep 20177:00 amRNS£10 million working capital facility
31st Aug 20177:00 amRNSOEM AIS Product Supply Contract Signed
18th Aug 20177:00 amRNSAIS Aids to Navigation Contract
17th Aug 20177:00 amRNSDirectorate Change
31st Jul 20177:01 amRNSLive webcast 4 August 2017
31st Jul 20177:00 amRNSMDM Contract Update
12th Jul 20172:21 pmRNSResult of AGM
23rd Jun 20177:00 amRNSAIS contract for Somalia
13th Jun 201712:00 pmRNSIssue of Equity
7th Jun 20177:00 amRNSFinal Results for the year ended 31 March 2017
2nd Jun 20177:00 amRNSIssue of Equity
11th May 20177:00 amRNSIssue of Equity
27th Apr 20177:00 amRNSLive Webcast 2 May 2017
13th Apr 20177:00 amRNSTrading Update
30th Mar 20177:00 amRNSSRT signs MDM contract
14th Feb 20177:00 amRNSAfrican fisheries monitoring project order
20th Dec 20167:00 amRNSChange of Adviser
15th Nov 20163:00 pmRNSIssue of Equity
15th Nov 20167:00 amRNSHalf-year Report
14th Oct 20167:00 amRNSVessel Tracking Order Received for Saudi Arabia
6th Oct 20167:00 amRNSHalf Year Trading Update
12th Sep 20167:00 amRNSAIS Identifier order for West Africa VMS Project
16th Aug 20167:00 amRNSSRT revises AIS Satellite Agreement
10th Aug 20167:00 amRNSDirector/PDMR Shareholding
8th Aug 20163:38 pmRNSGrant of Share Options
2nd Aug 20169:59 amRNSHolding(s) in Company
18th Jul 20161:45 pmRNSIssue of Equity
6th Jul 20167:00 amRNSResult of AGM and Change of Name
5th Jul 20167:00 amRNSSRT awarded Panama Canal VTS Contract
4th Jul 201611:50 amRNSSRT receives AIS order from Trinity House
6th Jun 20167:00 amRNSFinal Results for the year ended 31 March 2016
6th Jun 20167:00 amRNSNotice of Webcast
21st Apr 20163:23 pmRNSIssue of Equity

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.