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Globalstar Expands Capabilities with Opening of New Satellite Operations Control Center in Covington, Louisiana

1. Globalstar opens a new Satellite Operations Control Center in Covington, LA. 2. The facility enhances operational capabilities and supports strategic growth.

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FAQ

Why Bullish?

The expansion of operations can boost revenue potential, much like SpaceX's growth after infrastructure upgrades.

How important is it?

The new control center reflects growth potential and operational efficiency, enhancing investor outlook.

Why Long Term?

Infrastructure investments typically take time to yield financial returns, impacting future performance.

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SPACSATSAATLMT
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc., (Nasdaq: GSAT) (“Globalstar” or the “Company”), a next-generation telecommunications infrastructure and technology provider, announces the grand opening of its state-of-the-art Satellite Operations Control Center (“SOCC”) at its headquarters in Covington, La., on March 17. This milestone marks a significant expansion of Globalstar's operational capabilities and reinforces the Company's strategic growth as it advances next-generation satellite a.

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