BNET Industries

Market Cap:$110.3M
Last Fiscal Year Sales:$30.0M
  • Public
  • US
Dow Jones Description

ORBCOMM is a wireless telecommunications company providing narrow band two-way digital messaging, data communications, and geo-positioning services on a global basis. The company owns and operates a network consisting of Low Earth Orbit (LEO) satellitesand terrestrial gateways deployed around the world. Small, low-power, and commercially proven subscriber communicators can connect to private and public networks, including the Internet, via these satellites and gateways. Through this network, ORBCOMM delivers information to and from virtually anyplace in the world on a nearly real time basis. ORBCOMM serves customers through Value Added Resellers (VARs) that provide expertise in specific industries. These ORBCOMM resellers provide whole product solutions and customer support to end-users. Customers from all around the world currently rely on ORBCOMM for a wide range of mobile and fixed site data applications including: - Monitoring and controlling assets at remote sites for; oil and gas extraction, pipeline operations, storage, custody transfer, and electric power generation and distribution - Tracking and managing construction equipment, locomotives, rail cars, trucks,trailers, shipping containers, marine vessels, aircraft and locating and recovering stolen vehicles and cargo - Messaging for truck fleets, owner operators and remote workers - Weather data for general aviation and marine vessels

Chief Executive Officer
Marc Eisenberg
Number of Employees 108
Contact Information

2115 Linwood Ave Ste 100

Fort Lee, New Jersey 07024

orbcomm.com

(201) 363-4900

NAICS Code Satellite Telecommunications: 517410

Recent Events

  • ORBCOMM Reports Results for Third Quarter 2009

    11/09/09 - Financial Announcement - View Story

  • Axeda Announces Wireless Alliance Agreement With ORBCOMM

    10/29/09 - Joint Venture / Alliance - View Story

  • Orbcomm Partners with Sierra Wireless (10/5/09)

    10/10/09 - Joint Venture / Alliance - View Story

  • ORBCOMM selects Sierra Wireless for adding innovative capabilities to its M2M web services platform

    10/06/09 - Licensing / Contract - View Story

  • Orbcomm and SpaceX Partner to Launch Satellite Constellation

    9/10/09 - Product Announcement - View Story

  • Orbcomm Generates Positive Adjusted EBITDA Despite Japanese Sales Decline

    9/08/09 - Financial Announcement - View Story

  • ORBCOMM and SpaceX Reach Deal to Launch Satellite Constellation

    9/06/09 - Licensing / Contract - View Story

  • Orbcomm Selects SpaceX for Next-Generation Satellites (9/4/09)

    9/12/09 - Joint Venture / Alliance - View Story

  • ORBCOMM and SpaceX Reach Deal to Launch Satellite Constellation

    9/03/09 - Licensing / Contract - View Story

  • ORBCOMM Reports Results for Second Quarter 2009

    8/13/09 - Merger / Acquisition - View Story

  • Digi DGII Acquires MobiApps, Enters Market for Satellite Subscriber Communicators for ORBCOMM ORBC Network

    7/09/09 - Merger / Acquisition - View Story

News & Analysis

orbcomm inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Marc Eisenberg Chief Executive Officer
John P. Brady CFO
Robert G. Costantini Cfo & Executive Vice President
Christian G. Le Brun Executive Vice President, General Counsel & Secretary.
Emmett Hume Executive Vice President, Intl
J Jr John Executive Vice President, Technology & Operations
John J Stolte Executive Vice President, Technology & Operations
Christian Allred Senior Vice President, International
Tom Brennan Senior Vice President, Finance
Bill Molesworth Vice President, Marketing
Brad Franco Vice President, Legal
Dean Brickerd Vice President, Technical Support
Denis Veilleux Treasurer & Vice President
Greg Flessate Vice President, Govt Services
Joe Gruessing Vice President, Space Development & Integration
Lucas Binder Vice President, Business Development and Investor Relations
Mike Lord Vice President, Gateway Engineering
Tim Maclay Vice President, Sys Engineering
Tony Robinson Vice President, Space Segment
Jeff White
Leslie W Golden Director
Marco Fuchs Member

Board of Directors

Name (plus bio) Position
Gary H Ritondaro Chairman
Jerome B. Eisenberg Chairman
Didier Delepine Board of Directors
Hans E W Hoffmann Board of Directors
John Maj Board of Directors
Tim Kelleher Board of Directors

Marc J. Eisenberg is our Chief Executive Officer, a position he has held as of March 31, 2008. He was our Chief operating officer from February 27, 2007 to March 30, 2008. From June 2006 to February 26, he was our Chief Marketing Officer and from March 2002 to June 2006, he was our Executive Vice President, Sales and Marketing. He was a member of the board of directors of ORBCOMM Holdings LLC from May 2002 until February 2004. Prior to joining ORBCOMM, from 1999 to 2001, Mr. Eisenberg was a Senior Vice President of Cablevision Electronics Investments, where among his duties he was responsible for selling Cablevision services such as video and internet subscriptions through its retail channel. From 1984 to 1999, he held various positions, most recently as the Senior Vice President of Sales and Operations with the consumer electronics company The Wiz, where he oversaw sales and operations and was responsible for over 2,000 employees and $1 billion a year in sales.

Organization Position Status
Orbcomm, Inc. Chief Executive Officer Current
Orbcomm, Inc. Board of Directors Current
Orbcomm, Inc. Chief Operating Officer Former
Orbcomm, Inc. Executive Vice President, Sales & Marketing Former

Organization Position Status
Orbcomm, Inc. CFO Current
Orbcomm, Inc. Executive Vice President, Finance Former

Robert G. Costantini is our Executive Vice President and Chief Financial Officer, a position he has held since October 2, 2006. From October 2003 until September 2006, he served as Chief Financial Officer, Senior Vice President and Corporate Secretary of First Aviation Services Inc., an aviation services company providing aircraft parts and maintenance services. >From 1999 to 2003, Mr. Costantini was the Chief Financial Officer of FocusVision Worldwide, Inc., a technology company providing video transmission services. From 1986 to 1989, he was Corporate Controller and from 1989 to 1999 he was Vice-President-Finance of M.T. Maritime Management Corp., a global maritime transportation company. Mr. Costantini started his career with Peat Marwick, Mitchell & Co. Mr. Costantini is a Certified Public Accountant, Certified Management Accountant, and a member of the bar of New York and Connecticut.

Organization Position Status
Orbcomm, Inc. Cfo & Executive Vice President Current
Focusvision Worldwide, Inc. Chief Financial Officer Former

Christian G. Le Brun is our Executive Vice President and General Counsel, a position he has held since March 31, 2008. From April, 2005 to March 30, 2008, Mr. Le Brun was our Senior Vice President and General Counsel. Prior to joining ORBCOMM, from 1999 to 2005, Mr. Le Brun was an attorney with Chadbourne & Parke LLP, where he oversaw a broad range of transactions, including mergers, acquisitions, divestitures, corporate restructurings and work-outs, as well as debt and equity financing arrangements involving publicly-held and private companies. In addition, from 1994 to 1999, he was a corporate attorney with Pullman & Comley, LLC. Mr. Le Brun received his J.D. from George Washington University Law School and his B.S. in finance from Lehigh University.

Organization Position Status
Orbcomm, Inc. Executive Vice President, General Counsel & Secretary. Current
Orbcomm, Inc. Attorney, In Current
Orbcomm, Inc. Senior Vice President Former
Chadbourne & Parke LLP Attorney Former
The George Washington University Law School J.D. Former

Organization Position Status
Orbcomm, Inc. Executive Vice President, Intl Current

Organization Position Status
Orbcomm, Inc. Executive Vice President, Technology & Operations Current

John J. Stolte, Jr. is our Executive Vice President, Technology and Operations, a position he has held since April 2001. From January to April 2001, he held a similar position with ORBCOMM Global L.P. Mr. Stolte has over 20 years of technology management experience in the aerospace and telecommunications industries. Prior to joining ORBCOMM Global L.P., Mr. Stolte held a number of positions at Orbital Sciences Corporation from September 1990 to January 2001, most recently as Program Director, where he was responsible for design, manufacturing and launch of the ORBCOMM satellite constellation. From 1982 to 1990, Mr. Stolte worked for McDonnell Douglas in a number of positions including at the Naval Research Laboratory where he led the successful integration, test and launch of a multi-billion dollar defense satellite.

Organization Position Status
Orbcomm, Inc. Executive Vice President, Technology & Operations Current

Organization Position Status
Orbcomm, Inc. Senior Vice President, International Current
Orbcomm, Inc. Vice President, Intl Sales Former

Organization Position Status
Orbcomm, Inc. Senior Vice President, Finance Current

Organization Position Status
Orbcomm, Inc. Vice President, Marketing Current

Organization Position Status
Orbcomm, Inc. Vice President, Legal Current

Organization Position Status
Orbcomm, Inc. Vice President, Technical Support Current

Organization Position Status
Orbcomm, Inc. Treasurer & Vice President Current

Organization Position Status
Orbcomm, Inc. Vice President, Govt Services Current

Organization Position Status
Orbcomm, Inc. Vice President, Space Development & Integration Current

Organization Position Status
Orbcomm, Inc. Vice President, Business Development and Investor Relations Current

Organization Position Status
Orbcomm, Inc. Vice President, Gateway Engineering Current

Organization Position Status
Orbcomm, Inc. Vice President, Sys Engineering Current

Organization Position Status
Orbcomm, Inc. Vice President, Space Segment Current

Jeff White serves as President of Hatteras with responsibilities including strategy and business development. Mr. White has over 20 years experience in both building and investing in early stage companies. Jeff's last four companies all had successful exits - two successful IPOs and two acquisitions by major networking companies. Most recently, Mr.White was Executive Vice President of Strategy and an officer for Cognio (Cisco); he shared day-to-day management responsibilities with the CEO, and he was responsible for all business-related functions including sales, marketing and business development. In this position, Mr. White set and led the company's product and market strategy. Most notably, Mr. White managed Cognio's partnerships and owned Cognio's relationship with Cisco, which led to an OEM, a technology partnership and, ultimately, an acquisition. Prior to Cognio, Mr.White held numerous executive level operating roles. As Vice President of Marketing of Aruba Networks (Nasdaq: ARUN), Vice President of Marketing and Product Management for Packet Engines, Inc (acquired by Alcatel), Senior Director of Marketing and Product Management at FORE Systems (acquired by Marconi) and held product management and technical positions at Acterna (acquired by JDSU), BDM (acquired by TRW) and at the National Security Agency. In addition to his successful operating career, Mr. White was a General Partner at Columbia Capital, investing in communications technologies companies, and a member of multiple Boards of Directors, including Kirana Networks, Hatteras Networks and Luna Technologies (Nasdaq: LUNA). He was actively involved with Oclular Networks (acquired by Tellabs), CoManage (acquired by Syndesis) and Hillcrest Laboratories. Mr. White earned his Bachelor of Science degree in electrical engineering from Virginia Tech and his M.B.A. from the Darden School of Business at the University of Virginia .

Organization Position Status
Hatteras Networks President Current
Cognio.Com, Inc. Executive Vice President of Strategy and Business Development Current
Blue Canopy Inc. Founder Current
Blue Canopy Group Co-Founder and Partner, Brings Over Current
BC Fed Group, LLC Partner Current
Home Guardian Consultant Current
Pango Networks, Inc. Consultant Current
Fitsync Corporation Consultant Current
Orbcomm, Inc. Current
Columbia Capital Management, LLC Current
Packet Engines Vice President of Marketing and Product Management Former
Columbia Capital Corporation Partner Former
Blue Canopy Group Partner Former
Blue Canopy Inc. Partner Former
Hatteras Networks Consultant Former
Acterna Corporation Former
Vitalspring Technologies, Inc. Former
Caterpillar, Inc. Former
AT&T Inc. Former
University of Kansas Mpa In Local Government Management Former
Virginia Polytechnic Institute and State University Mba Former
University of Michigan Ab In Political Science Former
Virginia Polytechnic Institute and State University Bachelor of Science Degree In Electrical Engineering Former

Gary H. Ritondaro became a director in conjunction with ORBCOMM's initial public offering in November, 2006. He is the Senior Vice President and Chief Financial Officer of LodgeNet Entertainment Corporation (entertainment, marketing and information services for the lodging and healthcare markets), a position he has held since 2001 and

Organization Position Status
Orbcomm, Inc. Chairman Current
Orbcomm, Inc. Board of Directors Current

Jerome B. Eisenberg has been our Chairman of the Board since January 2006, he was our Chief Executive Officer and President from December 2004 to March 2008. Mr. Eisenberg has been a member of our board of directors since February 2004 and the board of directors of ORBCOMM LLC and ORBCOMM Holdings LLC since 2001. Between 2001 and December 2004, Mr. Eisenberg held a number of positions with ORBCOMM Inc. and with ORBCOMM LLC. Mr. Eisenberg has worked in the satellite industry since 1993 when he helped found Satcom. Prior thereto, Mr. Eisenberg was a partner in the law firm of Eisenberg, Honig & Folger; CEO and President of Helenwood Manufacturing Corporation, a manufacturer of equipment for the U.S. Department of Defense; and Assistant Corporate Counsel for the City of New York. Mr. Eisenberg is the father of Marc Eisenberg.

Organization Position Status
Orbcomm, Inc. Chairman Current
Orbcomm, Inc. Board of Directors Current
Orbcomm, Inc. President & Chief Executive Officer Former

Didier Delepine has been a member of our board of directors since May 2007 upon his election by our stockholders at our 2007 annual meeting of stockholders. Mr. Delepine served as President and Chief Executive Officer of Equant (now Orange Business Services) (global data networking and managed communications) from 1998 to 2003. From 1995 to 1998, Mr. Delepine served as President and Chief Executive Officer of Equant’s network services division and as Chairman and President of Equant’s Integration Services division, Americas. From 1983 to 1995, Mr. Delepine held a range of senior management positions at SITA, the global telecommunications and technology organization supporting the world’s airlines. Mr. Delepine was a director of Intelsat, Ltd., a global provider of communications services from 2003 to 2005 and Eircom Group plc, an Irish communications company, from 2003 to 2006.

Organization Position Status
Orbcomm, Inc. Board of Directors Current
Adventis Corporation member Current
Orbcomm, Inc. President and Chief Executive Officer of Equant Former
Equant Chief Executive Officer Former
Equant President Former

Hans E. W. Hoffmann became a director in conjunction with ORBCOMM's initial public offering in November, 2006. He currently serves as President of the Bremen United States Center and Vice President of Bund der Steuerzahler Niedersachsen, positions he has held since 2001. Mr. Hoffmann was the President and Chief Executive Officer of ORBCOMM LLC from 2002 to 2003. Prior to joining ORBCOMM LLC, Mr. Hoffmann served as the President of STN Atlas Elektronik GmbH, a 5,200 person Germany-based corporation that manufacturers products for the aerospace, navy equipment and military markets, from 1994 to 1997.

Organization Position Status
Orbcomm, Inc. Board of Directors Current
Orbcomm, Inc. Chief Executive Officer Former
Orbcomm, Inc. President Former

Organization Position Status
Orbcomm, Inc. Board of Directors Current

Organization Position Status
Ridgewood Capital Management LLC Managing Director Current
Orbcomm, Inc. Director Current
Comverge, Inc. Board Observer Current
Lehman Brothers Holdings Inc. Equity Capital Markets Former
Bankers Trust Company Inc. Latin America Merchant Bank Former
Ridgewood Former
Comverge Board of Directors Former
Wharton School, University of Pennsylvania MBA Former
Wharton Graduate School of the University of Pennsylvania MBA Former
Wharton Graduate School of the University of Pennsylvania BS Former
Wharton School, University of Pennsylvania BS Former

Organization Position Status
Pcg Asset Management, LLC Managing Director Current
PCG Capital Partners Managing Director Current
Pacific Corporate Group Managing Director Current
Orbcomm, Inc. Board of Directors Current
Orbcomm, Inc. Member Current
Desai Capital Management Incorporated Senior Vice President Former
Desai Capital Management Incorporated Partner Former
Arthur Young, Inc. Auditor Former
New York University Masters Degree Former
Hamilton College Bachelor of Arts In History Former

Marco Fuchs has been a member of our board of directors since February 2004. He has also been a member of the board of directors of ORBCOMM LLC since 2001 and of ORBCOMM Holdings LLC from 2001 to February 2004. Mr. Fuchs is currently the Chief Executive Officer and Chairman of the Managing Board of OHB Technology A.G., positions he has held since 2000. From 1995 to 2000, Mr. Fuchs worked at OHB Orbitale Hochtechnologie Bremen-System A.G., first as a Prokurist (authorized signatory) and then as Managing Director. Prior to that, he worked as a lawyer from 1992 to 1994 for Jones, Day, Reavis & Pogue in New York, and from 1994 to 1995 in Frankfurt am Main.

Organization Position Status
Orbcomm, Inc. Member Current
Orbcomm, Inc. Board of Directors Current

Executive News

  • Digi Enters the Market for Satellite Subscriber Communicators for the ORBCOMM Network Through Acquisition of MobiApps

    Reuters - 7/09/09 - View Story

  • Digi (DGII) Acquires MobiApps, Enters Market for Satellite Subscriber Communicators for ORBCOMM (ORBC) Network

    Street Insider - 7/09/09 - View Story

  • Digi Enters the Market for Satellite Subscriber Communicators for the ORBCOMM Network Through...

    Forbes.com - 7/09/09 - View Story

  • Digi Enters the Market for Satellite Subscriber Communicators for

    Business Wire via MSN Money - 7/09/09 - View Story

  • Digi Enters the Market for Satellite Subscriber Communicators for the ORBCOMM Network Through Acquisition of MobiApps

    Business Wire - 7/09/09 - View Story

advertisement
     ORBC $2.60 +0.11 (4.42% )
Average Volume 143,655
Shares Outstanding 42.46M
Market Cap 110.4M
Year High 3.23
Year Low 1.16
Earnings Per Share -0.31
P/E Ratio -8.39
Dividend N/A
Yield N/A
advertisement