Carlyle Leads $460 Million Financing Package for ORBCOMM

New York, NY - [DATE] - Carlyle (NASDAQ: CG) today announced that its Global Credit platform led a $460 million financing for ORBCOMM Inc. ("ORBCOMM" or the "Company"), a leading provider of mission-critical industrial IoT solutions. The capital will support the refinancing of the Company's existing debt facilities and its continued growth. Carlyle served as Administrative Agent for the transaction.

ORBCOMM provides industrial IoT solutions that enable enterprise customers to monitor, manage, and operate distributed physical assets across transportation, maritime, logistics and industrial end markets. The Company's platform includes supply chain asset intelligence through VIACHAIN and IoT connectivity and enablement through SKYWAVE, serving more than 1,000 enterprise customers and supporting over three million connected assets globally.

"We are excited to provide ORBCOMM with a flexible capital solution to advance the Company's strategic growth objectives," said JP Seminario, Managing Director, Direct Lending at Carlyle. "ORBCOMM has built a leading, mission-critical platform with deep customer relationships and a compelling value proposition across global supply chains. We look forward to partnering with the Company as it continues to scale."

"This refinancing marks an important milestone for ORBCOMM as we continue to focus on driving sustainable, organic growth across our core markets," said Sameer Agrawal, Chief Executive Officer of ORBCOMM. "The additional committed, undrawn facilities enhance our flexibility to invest in strategic priorities, support long-term customer deployments, and leverage AI-driven insights and proprietary data to deliver greater customer value."

Carlyle's Global Credit platform manages $211 billion in assets under management, as of December 31, 2025. It regularly pursues investments in privately negotiated debt and capital solutions partnering with high-quality sponsors and leading family or entrepreneur-owned companies.

About Carlyle

Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest. With $477 billion of assets under management as of December 31, 2025, Carlyle's purpose is to invest wisely and create value on behalf of its investors, portfolio companies, and the communities in which we live and invest. Carlyle employs more than 2,500 people in 27 offices across four continents. Further information is available at www.carlyle.com. Follow Carlyle on X @OneCarlyle and LinkedIn at The Carlyle Group.

About ORBCOMM

ORBCOMM is a global leader in industrial IoT, delivering visibility, intelligence and efficiency to the world's most critical operations. With over 30 years of innovation and more than 3 million connected devices, ORBCOMM transforms data into actionable insights that drive efficiency, safety, resilience and sustainability. The company serves customers across shipping, transportation, logistics and industrial markets, and partners with a global ecosystem of IoT solution providers.

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ORBCOMM

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