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Page 1: ORBCOMM Investor Overview

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TitleName | Date

Investor OverviewAugust 2015

Page 2: ORBCOMM Investor Overview

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Safe Harbor Statement Certain statements discussed in this presentation constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of1995. These forward-looking statements generally relate to our plans, estimates, objectives and expectations for future events and other statements that arenot historical facts. Such forward-looking statements, including those concerning our expectations and estimates, are subject to known and unknown risks anduncertainties, which could cause actual results to differ materially from the results, projected, expected or implied by the forward-looking statements, some ofwhich are beyond our control, that may cause our actual results, performance or achievements, or industry results, to be materially different from any futureresults, performance or achievements expressed or implied by such forward-looking statements. These risks and uncertainties include but are not limited to:the costs and expenses associated with the acquisition of SkyWave Mobile Communications Inc. (“SkyWave”); failure to successfully integrate SkyWave withour existing operations or failure to realize the expected benefits of the acquisition of SkyWave; dependence of SkyWave’s business on its commercialrelationship with Inmarsat plc and the services provided by Inmarsat plc, including the continued availability of Inmarsat plc’s satellites; substantial losses wehave incurred and may continue to incur; demand for and market acceptance of our products and services and the applications developed by us and ourresellers; market acceptance and success of our Automatic Identification System business; dependence on a few significant customers, including aconcentration in Brazil for SkyWave, loss or decline or slowdown in the growth in business from key customers, such as Caterpillar Inc., Komatsu Ltd., HitachiConstruction Machinery Co., Ltd., Union Pacific Railroad and Maersk Lines, and other value-added resellers, or VARs, and international value-added resellers,or IVARs for ORBCOMM and Onixsat, Satlink and Sascar, and other value-added Solution Providers, or SPs, for SkyWave; dependence on a few significantvendors or suppliers, loss or disruption or slowdown in the supply of products and services from key vendors, such as Inmarsat plc. and AmplusCommunication Pte Ltd.; loss or decline or slowdown in growth in business of any of the specific industry sectors we serve, such as transportation, heavyequipment, fixed assets and maritime; our potential future need for additional capital to execute on our growth strategy; additional debt service acquired withor incurred in connection with existing or future business operations; our acquisitions may expose us to additional risks, such as unexpected costs, contingentor other liabilities, or weaknesses in internal controls, and expose us to issues related to non-compliance with domestic and foreign laws, particularly regardingour acquisitions of businesses domiciled in foreign countries; the terms of our credit agreement, under which we currently have borrowed $150 million andmay borrow up to an additional $10 million, could restrict our business activities or our ability to execute our strategic objectives or adversely affect ourfinancial performance; the inability to effect suitable investments, alliances and acquisitions or the failure to integrate and effectively operate the acquiredbusinesses; fluctuations in foreign currency exchange rates; the inability of our subsidiaries, international resellers and licensees to develop markets outsidethe United States; the inability to obtain or maintain the necessary regulatory authorizations, approvals or licenses, including those that must be obtained andmaintained by third parties, for particular countries or to operate our satellites; technological changes, pricing pressures and other competitive factors;satellite construction and launch failures, delays and cost overruns of our next-generation satellites and launch vehicles; in-orbit satellite failures or reducedperformance of our existing satellites; our inability to replenish or expand our satellite constellation; the failure of our system or reductions in levels of servicedue to technological malfunctions or deficiencies or other events; significant liabilities created by products we sell; litigation proceedings; inability to operatedue to changes or restrictions in the political, legal, regulatory, government, administrative and economic conditions and developments in the United Statesand other countries and territories in which we provide our services; ongoing global economic instability and uncertainty; changes in our business strategy;and the other risks described in our filings with the SEC. We undertake no obligation to publicly revise any forward-looking statements or cautionary factorsexcept as required by law. For more detail on these and other risks, please see Part I, Item 1A. “Risk Factors” in our Annual Report on Form 10-K for the yearended December 31, 2014, as amended, and other documents, on file with the Securities and Exchange Commission.

Page 3: ORBCOMM Investor Overview

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Who is ORBCOMM?

One of the largest global players in M2M

• Full solutions provider: Components to turn-key solutions

• Connectivity Provider: Own Constellation of 33 Spacecraft

Broadest assortment of capabilities

• Connectivity: 7 terrestrial and 3 satellite networks

• Subscriber Management (MVNO): ORBCOMMconnect

• Hardware: 18 SKUs internally developed representing multiple vertical markets

• Web Interfaces: 6 portals allowing customers complete command & control of assets and processes

• Professional Services: Ability to integrate into 3rd-party systems; installations; consultation

Unparalleled cost advantages and technology: 39 patents

~1.3M subscribers worldwide and growing

$44.9M in sales in Q2 2015; $174M - $194M in estimatedsales in 2015

Industry’s largest technical team – over 200 engineersworldwide

Page 4: ORBCOMM Investor Overview

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ORBCOMM’s End-to-End M2M Solutions

CONNECTIVITYDEVICE

MANAGEMENT HARDWARE APPLICATIONS

Satellite Offerings

Cellular Partnerships

AssetView

FleetEdge

CargoWatch®

ReeferTrak®

GT 1100 & GT 2300

RT 6000+ & X1

ORBCOMM, Inmarsat & Globalstar Modems

Subscriber Management Portal

Page 5: ORBCOMM Investor Overview

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World-Class Customer Base

End-to-end telematics solution to track and monitor Doosan’s global fleet of

construction equipment

Container tracking solution to identify loading and unloading

events to reduce idle time, improve utilization and information flow

Dry van trailer tracking and cold chain management solution for

trucks

Cold chain monitoring and control solutions for SWIFT’s refrigerated

intermodal fleet

Marquee CustomersCustomer Success Stories

Large

National

Retailer

Page 6: ORBCOMM Investor Overview

Proprietary and Confidential6

Customer Use Case: Hub Group

Challenge

• To efficiently manage a fleet of 28,000 intermodal containers in transit throughout North America across multiple touchpoints

Solution

• ORBCOMM developed a customized, end-to-end telematics solution providing Hub real-time visibility into the status and location of their container fleet.

Result

• Increased operational efficiency, reduced costs

• Developed new revenue opportunities

• Enhanced customer satisfaction

• Achieved ROI within one year

Estimated Intermodal Container Market• 16 million containers worldwide• 200,000 containers in North America

Asset ID HGIU632566

Event Time (EDT) 6/1/2015 15:15

Event END OF MOVE

Location Rochelle IL

Geofence GL03

Direction N

Speed (MPH) 0

Battery Status NORMAL

Voltage (V) 7.07

Door Status Closed

Load Staus Loaded

CONTAINER

Page 7: ORBCOMM Investor Overview

Proprietary and Confidential7

Customer Use Case: Hub Group

Which containers at this location are

unloaded and ready for pick-up?

What shipping route did this container take?

Was this container unloaded at the right

location?

Did this container move outside a

geofence?

How long have these containers been sitting empty at this location?

What time was this container unloaded?

Page 8: ORBCOMM Investor Overview

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270

1,960

2013 2020

Large, Growing M2M Market Opportunity

Applications

NetworkEnablement Equipment

Increasingly, businesses and governments face the need to track, control, monitor and communicate with fixed and mobile assets located throughout the world

M2M EcosystemDemand for M2M

Global M2M Subscribers by Year

• Estimated more than 270M M2M units globally(1)

• Companies are seeking to improve their visibility and management of fixed and mobile assets

• Requires access to an asset’s location, condition, operation and environment and ability to command and control the asset

• M2M applications enhance operational efficiencies, increase safety and security, help end-users comply with new regulations, and improve profitability

Subscribers by Year in Millions(1)

(1) Global M2M subscribers including satellite and cellular; Source: Machina Research, 2013

Page 9: ORBCOMM Investor Overview

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20

05

Q1

Q2

Q3

20

06

Q1

Q2

Q3

20

07

Q1

Q2

Q3

20

08

Q1

Q2

Q3

20

09

Q1

Q2

Q3

20

10

Q1

Q2

Q3

20

11

Q1

Q2

Q3

20

12

Q1

Q2

Q3

20

13

Q1

Q2

Q3

20

14

Q1

Q2

Subscribers

ORBCOMM’s Path to Becoming the M2M Leader

ORBC Listed on .

16,000 Subscriber .Opportunity .

Acquisition of .

Acquisition of .

Adjusted EBITDA .Breakeven .

Phase I Agreement

Wins Global Account

Launch Six OG2 . . Satellites .

~500k

~100k

Acquisition of .

(1) Over 250k subscribers added post SkyWave

Large

National

Retailer

(1)

~1,300k

Page 10: ORBCOMM Investor Overview

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OG2 Expands Our Network Capabilities

Automatic Identification Systems (AIS)

• Shipboard broadcast system transmits vessel identification and position

• Used by government and commercial customers globally on approximately 150,000 vessels daily

• AIS equipped on all OG2 satellites

– Increases unique ship detections

– Provides near real-time reporting

Upgrades Satellite-based M2M Technology

• Increased M2M data capabilities driving new sales opportunities

– Faster messaging

– Larger message sizes

– Better coverage

• Higher capacity – up to 12x OG1

• Higher gain, reduced power requirements

– Smaller antennas

– Improved modems

First six OG2 satellites launched in July 2014; Remaining eleven to launch in 2015

CapEx holiday following completion of the OG2 program

Page 11: ORBCOMM Investor Overview

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Creating the Satellite M2M Industry Standard

• ORBCOMM’s standardized platform unifies three of the top four satellite M2M networks

‒ ORBCOMM has the deepest experience in the industry with satellite M2M interoperability solutions

‒ Identical device footprints, connectors, programming environment, provisioning and billing and sells for similar price points

• ORBCOMMconnectTM

‒ Seamlessly integrates information & commands, provisioning, billing and multi-mode communications for M2M applications

‒ Allows resellers to choose different networks per regional deployment or a combination of networks on a single device

Performance, global coverage, flexibility and ease of use

OG1, OG2

Identical Modem Form Factor

ORBCOMMconnectTM

Page 12: ORBCOMM Investor Overview

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Acquisition of SkyWave

SkyWave is the largest provider of M2M services over Inmarsat’s network and is the developer of IDP, the next-generation M2M service

SkyWave Statistics

Headquarters: Ottawa, Canada

Subscribers(1)

: 250,000

Network Partner:

SPs/Distributors: 400+

2014 Revenue(2)(3): $66M

2014 Adj. EBITDA(2): $13M

Technical Resources: 90+

(1) Approximately 250k subscribers added post-transaction(2) Management estimate in USD based on available data, and adjusted to reflect Management’s reconciliation from IFRS to U.S. GAAP(3) Adjusted to eliminate intercompany revenues

COMBINED

TECHNOLOGY

Large Messages

Dual Mode

Terrestrial Partners

Security

GEOGRAPHIC STRENGTHS

North America

South America

Europe

Australasia

MEA

Note: Full circles represent more favorable characteristics

Page 13: ORBCOMM Investor Overview

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SkyWave Provides Geographic Expansion

Expanding Addressable Market Through SkyWave Acquisition

• SkyWave has access to valuable incremental markets

• SkyWave has a strong Asian presence - Asian share of satellite M2M market poised to increase from 12.5% in 2014 to 17.4% in 2022(1)

• Substantial ORBCOMM OEM sales opportunity for SkyWave services in new territories

Incremental SkyWave/Inmarsat AuthorizedORBCOMM Authorized

(1) Source: Northern Sky Research

Page 14: ORBCOMM Investor Overview

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Expanding Our TAM: Increased Opportunity

Trailers

In-Cab, Trucks

Rail

Small Machines

Large Machines

Service Vehicles

Pipelines

Tanks

Commercial Utility Metering

Military Vehicles

Containers

Police/Fire/First Responders

Commercial Buoys

Commercial Ships

Recreational Ships

OG1 OG2 Dual Mode SkyWave Combined

Transportation

Heavy Equipment

Energy

Maritime

Government & Security

Page 15: ORBCOMM Investor Overview

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Strategic Acquisitions Driving Opportunity Expansion

YEAR INVESTMENTSKEY

VERTICALSSELECT CUSTOMER WINS

POST-ACQUISITION

2011 Transportation (Cold Chain Management)

16,000Subscriber Opportunity

(1)with a

2012 Transportation (Cold Chain Management)

28,000Subscriber Opportunity

2013

Heavy Equipment & Rail

50,000Subscriber Opportunity

(2)

Government & Security

$4.8M Opportunity with DLA

2014 Transportation In Progress

2015

Government,Maritime, Mining,

Energy & Transportation

Application Enablement Platform

To Come

(1) Shipments began in 4Q14(2) 5-year agreement

Large National

Retailer

Page 16: ORBCOMM Investor Overview

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ORBCOMM at an Inflection Point

NEW CAPABILITIES STRATEGIC GROWTH

NEW OPPORTUNITIESBROADENING REACH

Growth Drivers

New Satellite Constellation

New Products & Services

M&A

Driving Cost Synergies

NewVerticalMarkets

Growing Distribution

Network

Automated Identification

System (AIS)

NewGeographies

Page 17: ORBCOMM Investor Overview

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Strong Growth in Revenue & Profitability

Q22015

Q22014 % Change

Ending Subscribers 1,297,000 915,000 +42%

Service Revenues $24.0 Mil. $14.9 Mil. +61%

Product Sales $20.9 Mil. $9.4 Mil. +122%

Total Revenues $44.9 Mil. $24.3 Mil. +85%

Adjusted EBITDA $10.3 Mil. $5.1 Mil. +102%

Revenue Growth of 85% driven by organic growth of 20% and recent acquisitions.Adjusted EBITDA growth of 102% driven by higher Revenues, synergies from

acquisitions and strong cost controls.

(1) Adjusted EBITDA is defined as EBITDA, adjusted for stock-based compensation expense, noncontrolling interests, impairment loss, non-capitalized satellite launch and in-orbit insurance, insurance recovery, and acquisition-related and integration costs.

(1)

Page 18: ORBCOMM Investor Overview

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Guidance

• 2015E Revenue: $174-194 million(1)

• 2015E Adjusted EBITDA: $40-45 million(1)

(1) Based on Management’s planning and other factors. Actual results may differ materially from forward outlook as a result of risks and uncertainties. See “Safe Harbor Statement”

(2) Including SkyWave assuming transaction closed on January 1, 2014. Management estimate in USD based on available data, and adjusted to reflect Management’s reconciliation from IFRS to U.S. GAAP

(3) Adjusted to eliminate intercompany revenues

(in $Ms)

2014SkyWave

2014ORBCOMM

2014Total

2015E Guidance

Increase

TotalRevenues (3)

$66 $96 $162 $174-194 7%-20%

AdjustedEBITDA

$13 $18 $31 $40-45 29%-45%

Pro Forma ORBCOMM (2)

Page 19: ORBCOMM Investor Overview

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Who is ORBCOMM?

Leader in M2M communications and solutions

Recurring Service Revenue model with significant operating leverage

Growing world-class customer base includes large recent wins

Accretive SkyWave acquisition provides access to new opportunities

Deepening Inmarsat relationship creates a satellite M2M standard

Full deployment of OG2 in 2015 sets stage for extended CapEx holiday

Connecting the World’s Assets

Our people. Our networks. Our solutions. We are M2M.