KVH Industries Receives $1 Million Navigation System Order.

Apr 29, 2009 (FinancialWire via COMTEX) -- April 29, 2009 (FinancialWire) -- KVH Industries, Inc., (NASDAQ: KVHI) (Current Market Cap: US$75.08 Mil.) said it has received a new $1 million order for a self-contained navigation system that combines fiber optic gyro-based inertial measurement technology from KVH with global positioning system technology from NovAtel.

The system is designed to provide 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.

KVH said that the latest order follows a similar one, for $900,000, the company received a month ago. The company's fiber optic guidance and sensor systems are used in a range of commercial and defense-related stabilization, navigation, autonomous vehicle, and precision guidance applications.

Middletown, Rhode Island-based KVH Industries is a manufacturer of solutions that provide high speed internet, television and voice services via satellite to mobile users at sea, on land, and in the air.

The company makes sensors and integrated inertial systems for defense and commercial guidance and stabilization applications. The company has facilities in Tinley Park, Ilinois and Kokkedal, Denmark.

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