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Globalstar Begins Major Expansion of Ground Station in Bihoro, Japan to Accommodate Third-Generation C-3 Constellation

1. Globalstar begins construction for a satellite infrastructure expansion in Japan. 2. Over 90 new antennas will support the third-generation C-3 satellite system. 3. The strategic land acquisition enhances Globalstar's operations in Asia. 4. Construction signals a commitment to growing mobile satellite services. 5. Local partnerships continue to strengthen Globalstar's presence in Japan.

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FAQ

Why Bullish?

The expansion in Japan indicates significant future revenue growth for GSAT, similar to past expansions in other regions that boosted stock performance.

How important is it?

The article highlights a pivotal step in Globalstar's expansion, likely impacting growth and investor sentiment positively.

Why Long Term?

As Globalstar develops the infrastructure, benefits will likely accrue over several quarters, enhancing market position.

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SPOT
-Strategic land acquisition paves way for expansion in Japan – part of global infrastructure buildout expected to include over 90 additional tracking antennas to support Globalstar’s third-generation C-3 satellite system COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces construction commencement of additional gateway infrastructure at its existing ground station in Bihoro, Japan. This strategic expansion begins the rapid growth of Globalstar’s mobile satellite services throughout Asia, including additional infrastructure in multiple locations required to support its third-generation C-3 mobile satellite system. Globalstar previously purchased land in Bihoro to establish a ground station to serve the entire region. The first installation was commissioned during an opening ceremony held in June 2024. Globalstar has now begun construction of additional tracking antennas to support both its existing constellation and infrastructure necessary to support its third-generation C-3 mobile satellite system. “Asia joins the growing chorus of international construction as Globalstar expands its footprint in Japan to support its third-generation mobile satellite system,” said L. Barbee Ponder, General Counsel and Vice President of Regulatory Affairs for Globalstar. “With today’s announcement, Globalstar has the additional property necessary to support future expansion in Japan, including the infrastructure for our C-3 System – the most advanced mobile satellites system ever. We especially value our successful long-term relationship with Japan and our important partnership with IPmotion.” Hiroshi Ando, CEO of IPmotion and Globalstar Japan added: “We wholeheartedly welcome Globalstar’s expansion of its Bihoro ground station, which demonstrates a strong commitment to the satellite communications market in Japan. Acquiring the adjacent land was critical to allow the infrastructure needed to support the C-3 satellite system.” “This is indicative of Globalstar’s ongoing contributions to the local economy and its strong relationship with the Bihoro Town Office and community since 2021. We look forward to the continued collaboration as we advance industrial connectivity and public safety across Japan.” “We’re just getting started,” Ponder stated. “The installation and operation of the infrastructure in Japan is the first step in the Asia-Pacific portion of our global expansion designed to support Globalstar’s third-generation mobile satellite system serving hundreds of millions of people around the world.” About Globalstar, Inc. Globalstar empowers its customers to connect, transmit, and communicate smarter – easily, quickly, securely, and affordably – offering reliable satellite and terrestrial connectivity services as an international telecom infrastructure provider. The Company’s low Earth orbit ("LEO") satellite constellation ensures secure data transmission for connecting and protecting assets, transmitting critical operational data, and saving lives for consumers, businesses, and government agencies across the globe. Globalstar’s terrestrial spectrum, Band 53, and its 5G variant, n53, offer carriers, cable companies, and system integrators a versatile, fully licensed channel for private networks with a growing ecosystem to improve customer wireless connectivity, while Globalstar’s XCOM RAN product offers significant capacity gains in dense wireless deployments. In addition to SPOT GPS messengers, Globalstar offers next-generation Internet of Things ("IoT") hardware and software products for efficiently tracking and monitoring assets, processing smart data at the edge, and managing analytics with cloud-based telematics solutions to drive safety, productivity, and profitability. For more information, visit www.globalstar.com. More News From Globalstar, Inc.

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