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Globalstar Signs Agreement With AeroAstro To Expand Satellite Data Coverage Milpitas CA (SPX) Jun 23, 2005 Globalstar announced Wednesday that it has signed an agreement with AeroAstro, a developer of microsatellite systems and components, to purchase seven new simplex data appliques. The new appliques will reside in various Globalstar gateways around the world, allowing the service provider to continue expanding availability of its simplex-based asset tracking and monitoring solutions. "This agreement will allow more of our customers around the world to access our network's enhanced simplex data capabilities in order to reliably track and manage assets in remote regions via the Globalstar satellite network," said Tony Navarra, President of Global Operations for Globalstar. "It is also further proof of our commitment to infrastructure upgrades as the company continues to enhance its network coverage and global voice and data offerings. "The acquisition of the appliques, in conjunction with the completion of testing of the new gateway in Florida scheduled for July and our recent agreement with QUALCOMM, signals another major milestone for Globalstar as the company prepares to meet its global customer's needs for the next decade and beyond." Globalstar simplex data asset tracking and monitoring solutions deliver reliable digital data communications for remote sensing and monitoring applications. Small-footprint satellite telemetry devices can be installed in fixed or mobile assets allowing packet-switched data to be sent automatically on a time or event-driven basis. Globalstar satellite data solutions are ideal for industries operating in remote locations where alternative communications systems are unavailable or prohibitively expensive. "We are excited about the system expansion and Globalstar's commitment to the Simplex Data Service," said Rick Fleeter, CEO of AeroAstro. "We look forward to delivering the seven new appliques and to providing our customers with a worldwide system by working with Globalstar to provide simplex data capability to the balance of their gateways." Globalstar is currently finalizing the location of the seven new appliques, with installation scheduled to commence in the first quarter of 2006. Related Links AeroAstro Globalstar SpaceDaily Search SpaceDaily Subscribe To SpaceDaily Express
Inmarsat IPO May Help Satellite Market Washington (UPI) June 20, 2005 Satellite may be the next hot investment opportunity for shareholders if the debut of Britain's Inmarsat on the London Stock Exchange is a gauge of the sector's attractiveness to investors worldwide. |
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