- Commercial, military satellite market expected to grow at CAGR of 76.6% during forecast period 2020-2028
- Orbsat well positioned to answer call for cost-effective satellite systems providing voice solutions and high-speed Internet
- Company’s gross profit margins for year ended December 31, 2019 showed year-over-year increase from 18.1% to 20.8%
Whether filing taxes, completing schoolwork, or ordering groceries, there’s not much that can’t be accomplished today by a point and a click. As much of the world continues to hunker down, sheltering at home to stem the tide of infection, reliable Internet access is more critical than ever before – yet billions of people worldwide are still unable to connect. Companies like Orbsat Corp. (OTCQB: OSAT), a publicly traded company providing government, commercial, military and individual consumers with mobile satellite services, is playing a leading role to meet this global demand.
A seasoned leader in the satcom industry with a global footprint, Orbsat is well positioned to answer the call for cost-effective satellite systems providing voice solutions and high-speed Internet. Leveraging 50+ years of combined experience through its two subsidiaries, Orbital Satcom and…
For more information, visit the company’s website at www.Orbsat.com
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]
NetworkNewsWire is part of the InvestorBrandNetwork.