Globalstar Confirms February 5th Launch Date
Final Launch Will Complete Deployment of World's First Second-Generation
Constellation of LEO Satellites
COVINGTON, La., Jan. 25, 2013 (GLOBE NEWSWIRE) -- Globalstar, Inc.
(OTCBB:GSAT) today announced that its fourth launch of six second generation
satellites has been confirmed for February 5, 2013 at the following time:
10:20 p.m. Baikonur time
08:20 p.m. Moscow time
05:20 p.m. Paris time
11:20 a.m. Eastern Standard Time
10:20 a.m. Central Standard Time
08:20 a.m. Pacific Standard Time
This will be the fourth and final launch from the Cosmodrome in Baikonur,
Kazakhstan, completing Globalstar's plan to orbit 24 second-generation
satellites. Globalstar has previously launched 18 second-generation satellites
in launches that occurred on October 19, 2010, July 13, 2011 and December 28,
2011.Globalstar has placed into commercial service all of the previously
launched second-generation satellites.
The February 5^th launch is the last launch necessary to fully restore
Globalstar's Duplex service to the high level of quality that Globalstar's
customers have historically enjoyed.Globalstar's second-generation satellites
were designed and manufactured by Thales Alenia Space with a service life of
fifteen years, twice that of Globalstar's first-generation satellites.
Globalstar's launch services provider, Arianespace, will utilize the highly
reliable Soyuz Fregat launch vehicle.Globalstar, in association with
Arianespace, has previously completed eleven launches utilizing the Soyuz,
which is credited with more than 1795 successful launches to date.
All six second-generation satellites for the fourth launch have been fueled
and mated to the Dispenser, and the Upper Composite has been transferred to
the assembly facility near the launch pad where it will be mated to the Soyuz.
Members of Globalstar's executive management team, including Anthony Navarra,
President of the Space Program, and L. Barbee Ponder, General Counsel and Vice
President Regulatory Affairs, will attend the launch.
To view the latest images of the final launch preparations, please visit
To view the launch live over the web on February 5^th, please visit
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™ 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
The Globalstar, Inc. logo is available at
Safe Harbor Language for Globalstar Releases
This press release contains certain statements such as, "Final Launch Will
Complete Deployment of World's First Second-Generation Constellation of LEO
Satellites," "[t]his will be the fourth and final launch from the Cosmodrome
in Baikonur, Kazakhstan, completing Globalstar's plan to orbit 24
second-generation satellites," and"[t]he February 5^th launch is the last
launch necessary to fully restore Globalstar's duplex service to the high
level of quality that Globalstar's customers have historically enjoyed," that
are "forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements are based on
current expectations and assumptions that are subject to risks and
uncertainties which may cause actual results to differ materially from the
forward-looking statements. Forward-looking statements, such as the statements
regarding the Company's ability to complete its launch program and restore the
quality of its Duplex service and other statements contained in this release
regarding matters that are not historical facts, involve predictions.
Any forward-looking statements made in this press release speak as of the date
made and are not guarantees of future performance. Actual results or
developments may differ materially from the expectations expressed or implied
in the forward-looking statements, and Globalstar undertakes no obligation to
update any such statements. Additional information on factors that could
influence the Company's financial results is included in its filings with the
Securities and Exchange Commission, including its Annual Report on Form 10-K,
Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.
CONTACT: Globalstar, Inc.
L. Barbee Ponder
Jody Burfening/Carolyn Capaccio
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