Warp, Mad, totally disagree. GSAT Satellites scheduled to launch in Feb. 2103, hired FAA ATC Sales Team- billion dollar opportunity; FCC Voice/WI-FI network proposed- billion dollar opportunity; many many ground stations proposed; CEO may be willing to help fund next round; etc.
GLOBALSTAR TAKES DELIVERY OF FINAL BATCH OF SECOND-GENERATION SATELLITES FOR FEBRUARY LAUNCH
Covington, LA. , December 10 2012- Globalstar, Inc. (NASDAQ:GSAT) today announced that all six satellites scheduled for launch in early February are now at the Baikonur Cosmodrome in Kazakhstan. Following the successful completion of their pre-shipment review at Thales’s manufacturing facility in Rome, the final two satellites arrived at the launch complex on December 9th
GLOBALSTAR ANNOUNCES RESULTS FOR THIRD QUARTER 2012
Reports fourth consecutive quarter of positive Adjusted EBITDA; $6.6 million improvement compared to the third quarter of 2011
Initiates fourth launch campaign with launch scheduled in February 2013
Successfully uploaded software patch to second-generation satellite as satellite begins preliminary service - all other previously launched second-generation satellites in service
Signed agreement with Thales Alenia Space ("Thales") for the purchase of six additional second-generation satellites
Filed Petition for Rulemaking with the Federal Communications Commission ("FCC") on November 13th