exactEarth and Hisdesat announced that in partnership they have received a contract with the European Maritime Safety Agency (EMSA) to provide satellite AIS (Automatic Identification System) services.
exactEarth said the four year contract could “generate revenues of between $5.0 – $7.0 million”. The revenue is determined by the number of task orders placed by EMSA and exactEarth said their revenue projection is based on EMSA’s prior expenditure history.
In a press release exactEarth stated that Hisdesat as the prime contractor will provide “EMSA with exactView RT, exactEarth’s second-generation real-time satellite-AIS data service. “
Peter Mabson, President and CEO of exactEarth said “this contract was the result of a competitive tender process, which included both a full technical and commercial evaluation and was open to service providers in the market. Along with our partner Hisdesat, we are pleased to have been selected by EMSA for this mandate and to be providing satellite-AIS services to this vital maritime organization. We believe that exactView RT’s unique real-time service capabilities – and the high reliability and quality of its data – differentiates us in the industry and will help support EMSA’s vision and maritime strategy within the EU.”