Boeing division launches marine navigation business
ENGLEWOOD, Colo., 4 August 2005. Jeppesen, a Boeing subsidiary and provider of aeronautical data, announced today the launch of Jeppesen Marine, its newest business venture.
ENGLEWOOD, Colo., 4 August 2005. Jeppesen, a Boeing subsidiary and provider of aeronautical data, announced today the launch of Jeppesen Marine, its newest business venture. The new business unit leverages Jeppesen's 70-plus years of experience in the aeronautical information business to provide the commercial marine market with similar digital navigation and information solutions.
"Jeppesen is the de facto standard in the aeronautical data business thanks to a long and trusted history," said Tim Sukle, senior vice president of Jeppesen Marine. "The move into the marine market is a natural for us as a great deal of synergies exist between the aviation and marine markets. Today Jeppesen provides worldwide data from the ground up to our aviation customers, and we intend to offer the same comprehensive, high quality data and solutions to the maritime communities."
Jeppesen Marine has been chartered with the same underlying values that launched Jeppesen in 1934 -- improving safety and efficiency through innovative navigation solutions. Because aviation and marine share many of the same challenges, Jeppesen is in a strong position to bring proven technologies and solutions from the highly advanced aviation markets to marine markets.
"Much of Jeppesen's long-term strategic growth will come from markets outside of our core aviation business," said Mark Van Tine, Jeppesen president and COO. "The launch of Jeppesen Marine is a great example of our future beginning to take shape, as we now look to new and exciting opportunities that will sustain our aggressive growth plans in the coming years."
The Nobeltec line of products will continue to be developed and offered to the recreational boating market. Included in Nobeltec's full line of electronic marine navigation solutions are data services, award-winning software, radar solutions, sounders, and more.
Jeppesen, a wholly owned subsidiary of The Boeing Co., received full endorsement of the Jeppesen Marine business plan, which forecasts significant growth in the coming years. Other advances in technology, such as wireless broadband connectivity, from providers such as Connexion by Boeing, will enable critical navigation and other data to flow in real time to ships all over the world.
Jeppesen is recognized as the world's foremost provider of information solutions in the aviation and soon-to-be maritime markets. Jeppesen's portfolio includes: worldwide flight information, flight operations services, international trip planning services, aviation weather services and aviation training systems. Jeppesen's marine division will soon produce a full line of navigation solutions and global maritime data services. Jeppesen has offices in the United States, the United Kingdom, Germany, Australia, China and Russia. Jeppesen is a subsidiary of Boeing Commercial Aviation Services, a unit of Boeing Commercial Airplanes. For more information, see www.jeppesen.com.