Corporate Profile – World Reach Limited
World Reach Limited (ASX:WRR) is one of Australia's leading satellite telecommunications companies that designs, develops, manufactures and distributes a range of satellite phone equipment and related services.
World Reach exists to assist people in times of disaster as well as those in remote, wilderness and maritime locations where there is no reliable access to terrestrial communications.
Headquartered in Melbourne, Australia, with regional offices in the UK, the USA and China, World Reach has become a benchmark equipment designer and manufacturer in the satellite phone industry.
Over the past decade, World Reach has created world first products and solutions and has developed a unique and comprehensive global distribution channel that sets it apart from its competitors in the mobile satellite services (MSS) market.
World Reach actively pursues new opportunities and strategic partnerships with the world's leading satellite network operators to complement its existing portfolio of products and services.
Beam Communications is World Reach's wholly owned satellite equipment subsidiary, recognised for its capability to innovate, design, manufacture and deliver solutions that meet or exceed the needs of the industry. Beam is one of the world's most respected brands in the MSS market.
World Reach is committed to its shareholders, customers, employees and suppliers, building long term value with every partner.
To be the global leader in satellite communications products and services
To invest, grow or acquire strategically aligned businesses in the satellite telecommunications industry and to provide services to the world’s largest satellite network operators.
World Reach Limited is listed on the Australian Stock Exchange (ASX:WRR), and is headquartered in Melbourne, Australia with regional offices located in UK, China and USA.
World Reach Limited’s primary focus is on servicing the needs of global markets for satellite communications products and services that it delivers through four wholly owned subsidiary businesses:
The company conducts its business through both direct and indirect sales and service strategies throughout Asia, Africa, North America, Australia, Europe, Middle East and South America.
The majority of sales revenues are generated through the development, manufacturing and sale of satellite communication terminals that are Beam Communications branded or produced as an OEM product and distributed under the satellite network operator’s brand.
Currently the company has a portfolio of products supporting the world’s two largest MSS operators, Iridium and Inmarsat, a contract to develop additional OEM satellite terminals, and other OEM opportunities.
With the demand for satellite telecommunications growing exponentially, World Reach Limited is at the forefront of the expanding demand in the market and is uniquely placed to capitalize on future growth.