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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
19th Jan 20093:47 pmRNSHolding(s) in Company
19th Jan 20093:41 pmRNSHolding(s) in Company
15th Jan 200910:35 amRNSAIS OEM Distributor Deal Signed
15th Jan 200910:13 amRNSHolding(s) in Company
31st Dec 200811:43 amRNSDirectorate Change
31st Dec 200811:12 amRNSHalf Yearly Report
31st Dec 200811:03 amRNSTrading Statement
24th Dec 20087:19 amRNSAnnouncement of Interim Results
19th Dec 20087:08 amRNSTrading Statement
26th Nov 20089:01 amRNSDirectorate Change
9th Oct 20087:00 amRNSBusiness Update
24th Sep 20087:00 amRNSUS Authorities Approve AIS Class B
30th Jul 20087:00 amRNSBusiness Update
2nd Jul 200810:56 amRNSFinal Results
19th Jun 20087:00 amRNSUSD 1 million order received
10th Jun 20087:00 amRNSNew Joint Venture Agreement
13th May 20086:00 amRNSTiming of Results
8th May 200812:09 pmRNSHolding(s) in Company
29th Apr 20087:01 amRNSBusiness Update
4th Apr 20087:00 amRNSChange of Adviser
13th Mar 20087:00 amPRNAIS Orders
6th Mar 200811:21 amPRNTrading Update
21st Feb 20082:52 pmPRNHolding(s) in Company
19th Feb 20089:59 amPRNHolding(s) in Company
31st Jan 20084:04 pmPRNHolding(s) in Company
17th Jan 20087:00 amPRNAIS Distribution Agreement
18th Dec 20077:00 amPRNDirectorate Change
10th Dec 20072:00 pmPRNGrant of Options
3rd Dec 20074:42 pmPRNTotal Voting Rights
28th Nov 20072:28 pmPRNIssue of Equity
16th Nov 20074:45 pmPRNHolding(s) in Company
16th Nov 20074:40 pmPRNHolding(s) in Company
9th Nov 20075:40 pmPRNDirector/PDMR Shareholding
9th Nov 20075:40 pmPRNHolding(s) in Company
9th Nov 20075:40 pmPRNDirector/PDMR Shareholding
9th Nov 20075:40 pmPRNHolding(s) in Company
5th Nov 20077:00 amPRNSenior Management Appointment
5th Nov 20077:00 amPRNHalf-yearly Report
5th Nov 20077:00 amPRNIssue of Equity
1st Nov 200711:29 amPRNCancellation of Warrants
31st Oct 20071:14 pmPRNTransition to IFRS
31st Oct 200710:51 amPRNTotal Voting Rights
26th Oct 20074:42 pmPRNIssue of Equity
24th Oct 20077:00 amPRNUnimo Contract
22nd Oct 20071:22 pmPRNIssue of Equity
27th Sep 20074:32 pmPRNUnimo TETRA Deliveries
17th Sep 20077:00 amPRN$1.1m AIS Order
11th Sep 20077:00 amPRNTETRA Handset Production Commences
6th Sep 20077:00 amPRNAIS Order
22nd Aug 20077:00 amPRNAIS Agreement - Turkey

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