Falcon 9 Puts ORBCOMM Satellite into Wrong Orbit

Fort Lee, NJ, October 8, 2012 (ORBCOMM PR) – ORBCOMM Inc., a global satellite data communications company focused on two-way Machine-to-Machine (M2M) communications, today announced that the first prototype of its second generation of satellites (OG2) was launched on the Cargo Re-Supply Services (CRS-1) mission aboard the SpaceX Falcon 9 launch vehicle from Cape Canaveral, FL, on October 7, 2012 at 8:35 pm EST.

The OG2 prototype satellite, flying as a secondary payload on this mission, was separated from the Falcon 9 launch vehicle at approximately 9:00 pm EST. However, due to an anomaly on one of the Falcon 9’s first stage engines, the rocket did not comply with a pre-planned International Space Station (ISS) safety gate to allow it to execute the second burn.

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SpaceX, ORBCOMM Rejigger Launch Schedule

Falcon 9 launch. (Credit: Chris Thompson)

ORBCOMM/SpaceX PR — FORT LEE, N.J. & HAWTHORNE, Calif.– ORBCOMM Inc. (Nasdaq: ORBC) and Space Exploration Technologies (SpaceX) today announced the launch schedule for ORBCOMM’s second generation (OG2) satellites. The updated plan includes launching the first OG2 prototype satellite on the first Cargo Re-supply Services (CRS) mission in mid-2012, followed closely by an additional launch of two OG2 satellites into a high inclination orbit as a secondary payload in late 2012. In early 2013, SpaceX plans to launch eight to twelve OG2 satellites, and the remainder of the constellation of 18 OG2 satellites is expected to be launched in 2014. All launches are expected to be on Falcon 9 rockets.

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SpaceX to Launch ORBCOMM Constellation

SpaceX's Falcon 1 rocket
SpaceX's Falcon 1 rocket

PRESS RELEASE

ORBCOMM Inc. (Nasdaq: ORBC) and Space Exploration Technologies Corp. (SpaceX) announce they have reached an agreement for SpaceX to launch 18 ORBCOMM Generation 2 (OG2) satellites to begin as early as the fourth quarter of 2010 through 2014. SpaceX will deliver ORBCOMM’s second-generation satellites into low Earth orbit (LEO) for the purpose of supporting ORBCOMM’s existing constellation of satellites, adding new features, and growing its global Machine-to-Machine (M2M) and Automatic Identification System (AIS) offerings.

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ORBCOMM: Operating Loss Down, Subscriber Base Up

ORBCOMM PRESS RELEASE

ORBCOMM Inc., a global satellite data communications company focused on two-way Machine-to-Machine (M2M) communications, today announced financial results for the fourth quarter and the full year ended December 31, 2008.

Total Revenues for the twelve months ended December 31, 2008 were $30.1 million, an increase of 6.9% from the full year 2007 revenues. Service Revenues for the full year 2008 increased 34.4% to $23.8 million from the comparable period of 2007 due primarily to an increase in billable subscriber communicators, the inclusion of ORBCOMM Japan, and the commencement of Automatic Identification System (AIS) revenue.

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