StockNews.AI
GSAT
StockNews.AI
50 days

Globalstar Kicks Off Global Expansion with the First C-3 Tracking Antenna Supporting its New Constellation and Installed at Clifton, Texas Ground Station

1. Globalstar installs Clifton-8, the first of 90 new antennas worldwide. 2. Expansion improves satellite connectivity capabilities for the upcoming C-3 system. 3. Construction spans 35 ground stations across 25 countries, enhancing service reliability. 4. Significant investment aims at ensuring future-proofing of Globalstar's satellite network. 5. This initiative is crucial for global mobile satellite services delivery.

5m saved
Insight
Article

FAQ

Why Bullish?

The commencement of infrastructure expansion typically indicates future revenue growth potential, akin to past expansions that positively impacted stock prices.

How important is it?

The news directly corresponds to new infrastructure developments, which are critical for GSAT's business model and revenue generation.

Why Long Term?

The full impact of infrastructure expansion will unfold over several months to years, similar to previous infrastructure upgrades that resulted in sustained stock value increases.

Related Companies

COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces the successful installation of Clifton-8, the first 6-meter tracking antenna dedicated to its upcoming C-3 mobile satellite system, officially kicking off a sweeping global expansion of Globalstar’s ground infrastructure related to the new Extended MSS Network.

The inaugural installation at the Company’s largest and longest-operating ground station in Clifton, Texas, marks the beginning of a months-long process to install more than 90 new antennas across approximately 35 ground stations in 25 countries and territories. This initiative includes not only major upgrades to existing sites but also the construction of entirely new ground stations, further strengthening the Company’s ability to deliver resilient, high-performance satellite connectivity.

With more than two decades of continuous service, the Clifton station plays a critical role in supporting coverage across the continental U.S., Mexico, and Canada. Clifton-8 is the eighth tracking antenna installed at this site and the first of five new antennas planned to support the C-3 system, representing a significant investment in the functionality, capacity, and future-proofing of Globalstar’s satellite network.

“As Globalstar drives forward with its plans to launch its technologically advanced Extended MSS Network, it is essential that the ground infrastructure to support that system be installed and licensed to operate,” said L. Barbee Ponder, General Counsel & Vice President of Regulatory Affairs. “The installation and operation of Clifton-8 is the first step in a global expansion of our ground infrastructure designed to support our next generation of mobile satellite services to 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.

Related News