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KVHI KVH Industries Inc

4.56
0.02 (0.44%)
After Hours
Last Updated: 21:00:06
Delayed by 15 minutes
Share Name Share Symbol Market Type
KVH Industries Inc NASDAQ:KVHI NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.02 0.44% 4.56 4.53 4.60 4.66 4.42 4.58 73,919 21:00:06

KVH Receives $1 Million Order for its CNS-5000 GPS/IMU Continuous Navigation System

29/04/2009 12:30pm

PR Newswire (US)


KVH Industries (NASDAQ:KVHI)
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Self-contained navigation system offers an affordable blend of KVH's precision fiber optic gyros and NovAtel GPS for commercial applications MIDDLETOWN, R.I., April 29 /PRNewswire-FirstCall/ -- KVH Industries, Inc., (NASDAQ:KVHI) announced today that it has received a new $1 million order for its CNS-5000, a self-contained navigation system that combines fiber optic gyro (FOG)-based inertial measurement technology from KVH with global positioning system (GPS) technology from NovAtel. This rugged navigation solution affordably provides the precise position and orientation of a host platform on a continuous basis, even during periods where GPS signals are blocked by natural or man-made obstructions or conditions. "This latest order, following on the heels of another $900,000 order a month ago, is evidence of the rapid acceptance of the CNS-5000 and the demand for a self-contained, commercial navigation solution," said Dan Conway, KVH's vice president of business development. "The CNS-5000's precision navigation and easy integration with a wide range of other systems make it an ideal solution for demanding commercial applications, such as dynamic surveying, precision agriculture, container terminal management, and autonomous vehicle navigation." The CNS-5000 offers seamless integration of KVH's FOG-based IMU with NovAtel's OEMV(R) GPS precision receiver technology. The tight coupling of these technologies within the CNS-5000 optimizes the raw GPS and IMU data, delivering position data accurate to one inch along with superior velocity and attitude information. Composed entirely of commercial components and designed to meet COTS requirements, the CNS-5000 also minimizes the operational complexities for customers whose products cross international boundaries. KVH's fiber optic guidance and sensor systems are used in an array of commercial and defense-related stabilization, navigation, autonomous vehicle, and precision guidance applications. Visit http://fiberopticgyro.com/ for more information, including technical details and customer case studies. Note to Editors: High-resolution, press-ready photos of KVH's FOG technology are available at http://press.kvh.com/ for download and editorial use. About KVH Industries, Inc. KVH Industries is a leading manufacturer of solutions that provide global high speed Internet, television and voice services via satellite to mobile users at sea, on land, and in the air. KVH is also a premier manufacturer of high performance sensors and integrated inertial systems for defense and commercial guidance and stabilization applications. The company is based in Middletown, RI, with facilities in Tinley Park, IL and Kokkedal, Denmark. KVH is a registered trademark of KVH Industries, Inc. All other trademarks are the property of their respective companies. Available Topic Expert(s): For information on the listed expert(s), click appropriate link. Joseph (Jay) Napoli Vice President, FOG & OEM Sales https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=87607 DATASOURCE: KVH Industries, Inc. CONTACT: Chris Watson, KVH Industries, +1-401-845-8138, Web Site: http://www.kvh.com/

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