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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
29th Dec 20104:33 pmPRNIssue of Equity/Director/PDMR Holding
6th Dec 20107:00 amPRNNew US$900,000 AIS Order Received
3rd Dec 20103:24 pmPRNIssue of Equity
30th Nov 201011:34 amPRNTotal Voting Rights
25th Nov 20107:00 amPRNUS$1.2 million of new AIS Orders Received
11th Nov 20104:30 pmPRNHolding(s) in Company
11th Nov 20104:30 pmPRNHolding(s) in Company
11th Nov 20104:30 pmPRNDirector/PDMR Shareholding
2nd Nov 20107:00 amPRNHalf-yearly Report
29th Oct 201012:51 pmPRNTotal Voting Rights
25th Oct 20109:34 amPRNIssue of Equity
20th Oct 20107:00 amPRNUS$1.3 million of new AIS Orders Received
17th Sep 20101:34 pmPRNIssue of Equity
2nd Sep 20107:00 amPRNAGM Statement and Trading Update
18th Aug 20107:00 amPRNUS$750,000 new AIS Orders Received
2nd Aug 201011:32 amPRNTotal Voting Rights
2nd Aug 201011:32 amPRNTotal Voting Rights
30th Jul 20103:17 pmPRNIssue of Equity
14th Jul 20107:00 amPRNUS$2.1 million AIS Orders Received
2nd Jul 20107:00 amPRNUS$500,000 AIS Class A Order Received
30th Jun 201012:32 pmPRNTotal Voting Rights
30th Jun 20107:00 amPRNTETRA Licence Agreement
22nd Jun 20107:00 amPRNStrategic AIS Agreement signed in South Korea
21st Jun 20108:50 amPRNUS$480,000 AIS Class A Order Received
11th Jun 20103:20 pmPRNIssue of Equity
7th Jun 20107:00 amPRNFinal Results For The Year Ended 31 March 2010
1st Jun 20104:34 pmPRNIssue of Equity
28th May 20107:00 amPRNTransceiver Approvals Received and Shipping Commenced
22nd Apr 201010:18 amPRNUS$270,000 AIS Class B Module Order
1st Apr 20107:00 amPRNUS$700,000 AIS Class A Order
26th Mar 20104:26 pmPRNHolding(s) in Company
22nd Mar 20107:00 amPRNUS$1.46 million AIS Class A Orders Received
16th Mar 20107:00 amPRNCommencement of AIS Mandate in Turkey
2nd Mar 20107:00 amPRNAIS Agreement Signed
18th Feb 20109:48 amPRNGrant of Options
22nd Dec 20097:00 amPRNSRT signs deals targeting AIS mandates
1st Dec 20097:00 amPRNAIS Class A Agreements
27th Nov 20097:00 amPRNDirectorate Change
26th Nov 20097:00 amPRNNominated Adviser Change of Name
18th Nov 20097:00 amPRNHalf-yearly Report
3rd Sep 20097:00 amPRNUS$18m AIS Order
21st Jul 20093:39 pmPRNGrant of Options
13th Jul 20094:07 pmPRNDirector/PDMR Shareholding
13th Jul 20092:25 pmPRNAnnual Report and Notice of AGM
11th Jun 20097:57 amPRNTETRA Licence Agreements
2nd Jun 20097:00 amPRNFinal Results
28th Apr 20097:02 amPRNAIS Class B Order
28th Apr 20097:00 amPRNAIS Class B Order
3rd Mar 20097:00 amPRNChange of Adviser
6th Feb 20097:00 amRNSBoard Changes

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