(NEW YORK)–Orbsat Corp (OTCQB: OSAT) to explore development of Artificial Intelligence (AI) and data related applications utilizing its satellite-based voice, high-speed data, tracking and Internet of Things (IoT) connectivity services.
Orbsat announced plans to develop AI and Machine Learning (ML) applications for an array of global markets including industrial IoT, fleet management, shipping and logistics, and smart cities.
Under their plan, the company will explore development of data analytic applications to increase efficiencies and cost savings for shipping and fleet management enterprises by employing advanced satellite technologies.
Satellite communication plays a key role in supporting IoT applications in rural areas including mining locations, deep sea, and remote sites where cellular connectivity is unavailable. Scalable algorithms and AI offer the space industry huge potential for new sets of applications, which Orbsat looks to harness to expand their satellite services.
Space technology has been building greater recent interest in recent months as seen with such companies as Virgin Galactic Holdings (SPCE), Intelsat (I), and Globalstar (GSAT) to name a few.
Orbsat provides satellite communications solutions to governments, corporations, military and individual users, enabling them to stay connected anywhere in the world, even in the most remote and hostile of environments. Through its subsidiary, Orbital Satcom and Global Telesat Communications, the company provides global satellite connectivity solutions to more than 35,000 customers located in over 160 countries across the world.
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About Orbsat Corp
Orbsat provides services and solutions to fulfill the rapidly growing global demand for satellite-based voice, high-speed data, tracking and IoT connectivity services. Building upon its long-term experience providing government, commercial, military and individual consumers with Mobile Satellite Services, Orbsat is positioned to capitalize on the significant opportunities being created by global investments in new and upgraded satellite networks. Orbsat’s U.S. and European based subsidiaries, Orbital Satcom and Global Telesat Communications, have provided global satellite connectivity solutions to more than 35,000 customers located in over 160 countries across the world. https://orbsat.com/
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