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Harvest Technology Group (ASX:HTG) appoints Marlink as global reseller

ASX News, Technology
ASX:HTG      MCAP $17.04M
23 March 2022 14:01 (AEST)

Source: Harvest Technology Group

Communications specialist Harvest Technology Group (HTG) has appointed Marlink as a global reseller of its suite of products.

The company signed a global reseller agreement, which will see its ultra-low bandwidth network optimised live-streaming solutions resold across Marlink’s customer base.

The agreement will help Harvest expand its maritime licences, with Marlink often providing digital solutions in markets where conventional connectivity cannot reach.

Headquartered in Paris and Oslo, Marlink is a leading provider of end-to-end managed smart network solutions with 20,000 vessels in its international network.

Harvest’s products provide a complement to Marlink as they can produce technology, which reliably and securely transfers high-fidelity, real-time voice, video, and data over ultra-low bandwidths globally.

Harvest Chief Executive Officer Paul Guilfoyle said the agreement will allow it to expand in the maritime industry.

“Harvest intends to take advantage of the unprecedented worldwide demand for maritime satellite communications, targeting at least 1,000 maritime licensing plans by the end of 2022,” he said.

“Our agreement with Marlink presents us with great potential for sales of our live-streaming solutions within the global maritime sector, giving us access to approximately 20,000 vessels.”

Harvest shares were trading 2.33 per cent higher at 22 cents each at 10:48 am AEDT.

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