Wireless Matrix extends satellite deal with LightSquared until February 2016

Real-time GPS fleet management provider Wireless Matrix Corporation has performed an extension of its existing service deal with LightSquared -- a provider of wholesale mobile satellite data, voice and bandwidth leasing services. Under the agreement, LightSquared will continue to deliver satellite communication service to Wireless Matrix until the middle of February 2016. The company will be using its SkyTerra-1 satellite, known as the most powerful commercial satellite ever constructed. The satellite provides reliable, ubiquitous coverage across North America.

The contract allows Wireless Matrix to deliver service continuity for customers who use satellite service as an important part of their business. Some of these customers include energy companies that must be able to connect with their mobile workers for outage management and other unscheduled tasks, railroad operators that utilize satellite for mission-critical locomotive communications, and energy companies that require always-on monitoring of the status of fixed-site asset operations in distant locations.

In a company statement, Wireless Matrix CEO and Executive Chairman Rick Myers said: “ This service extension provides operational security for our existing satellite customers. It also provides a foundation for development of next generation satellite service offerings for the businesses we serve.”