Go for Launch – Globalstar Announces Satellite Launch Update
Six New Second-Generation Satellites Rolled Out to the Launch Pad in Preparation for December 28th Liftoff
Globalstar, Inc. (Nasdaq:GSAT), today announced that six new Globalstar second-generation satellites have been rolled out to the launch pad at the Baikonur Cosmodrome in Kazakhstan in preparation for a scheduled launch on Wednesday, December 28th. Earlier this month, the six satellites were mated to the upper stage dispenser which was then integrated to the rest of the Soyuz launch vehicle prior to rollout.
Wednesday’s scheduled liftoff will be the third launch of Globalstar’s second-generation constellation satellites. The Company has contracted with launch services provider Arianespace for a total of four launches of six satellites per launch. The first two launches were successfully conducted in October of 2010 and July of this year.
The Globalstar second-generation satellite constellation is designed to support the Company’s current lineup of voice, Duplex and Simplex data products and services including its lineup of SPOT retail consumer products. The new satellites are designed to last for 15 years, twice the lifespan of Globalstar’s first generation satellites.
About Globalstar, Inc.
Globalstar is a leading provider of mobile satellite voice and data services. Globalstar offers these services to commercial customers and recreational consumers in more than 120 countries around the world. The Company’s products include mobile and fixed satellite telephones, simplex and duplex satellite data modems, the SPOT family of mobile satellite consumer products including the SPOT Satellite GPS Messenger(TM) and flexible airtime service packages. Many land based and maritime industries benefit from Globalstar with increased productivity from remote areas beyond cellular and landline service. Global customer segments include: oil and gas, government, mining, forestry, commercial fishing, utilities, military, transportation, heavy construction, emergency preparedness, and business continuity as well as individual recreational consumers. Globalstar data solutions are ideal for various asset and personal tracking, data monitoring and SCADA applications. All SPOT products described in Globalstar or SPOT LLC press releases are the products of Spot LLC, which is not affiliated in any manner with Spot Image of Toulouse, France or Spot Image Corporation of Chantilly, Virginia.
For more information regarding Globalstar, please visit Globalstar’s web site at www.globalstar.com
CONTACT: For further media information:
Globalstar, Inc.
Dean Hirasawa
985.335.1505
Dean.hirasawa@globalstar.com
