Lockheed Martin partners with ORBCOMM to explore the Internet of Things

By Cinch Translations

As the world becomes more connected, major businesses are eagerly exploring new ways to incorporate Internet of Things (IoT) technology into their operations. Lockheed Martin is among them. This week the Maryland-based aerospace and security company announced that it is expanding its IoT capabilities through the formation of a memorandum of understanding with New Jersey-based ORBCOMM.  

A leading global provider of machine-to-machine (M2M) communication solutions, ORBCOMM is regarded as an expert in equipping IoT functionality to businesses in oil and gas, heavy equipment manufacturing, and supply chain distribution over land and sea.  With this partnership, Lockheed Martin will gain access to that expertise and ORBCOMM’s portfolio of M2M platforms and hardware as the two companies collaborate on product and portfolio development.

In particular, Lockheed Martin is interested in developing more advanced satellite and hybrid satellite/cellular-driven M2M solutions. According to the company, this kind of technology could be applied to situations ranging from global supply chain tracking to global communication and faster response times during natural disasters.

"The vision of the Internet of Things promises to change how society benefits from machines embedded with greater intelligence, improving the decisions organizations make and ultimately the quality of service delivered to their end users," said Dave Markham, vice president of Strategy and Advanced Programs at Lockheed Martin Space Systems, in announcing the partnership. "To that end, we look forward to exploring future opportunities with a satellite M2M market leader like ORBCOMM."

[SOURCE: PR Newswire]


Featured Articles

DEI done right: Brook Sims, COO, MAC Diversity Recruiters

Passionate about helping others find their voice, diversity leader and COO Brook Sims talks powerful leadership, diverse teams and being a change agent

Q&A: China’s ecommerce innovator Jeff Li, CEO of Shoplazza

Named in Fortune China’s 40 under 40 for 2022, former Baidu head Jeff Li is the entrepreneurial founder and CEO of ecommerce platform Shoplazza

How hybrid work is revolutionising the physical office

As hybrid work models roll out worldwide, the purpose of the office is changing with collaboration, connection and networking taking centre stage

Trailblazer: Shanique Bonelli-Moore, DEI chief at Clorox


Dean Forbes – the Forterro CEO aiming for the moon

Leadership & Strategy

Why becoming a B Corp is good for business