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December 27, 2011
COVINGTON, La. -- Globalstar, Inc. (Nasdaq:GSAT), today announced that six new Globalstar second-generation satellites have been rolled out to the launch pad at the Baikonur Cosmodrome in Kazakhstan in preparation for a scheduled launch on Wednesday, December 28th. Earlier this month, the six satellites were mated to the upper stage dispenser which was then integrated to the rest of the Soyuz launch vehicle prior to rollout.
Wednesday's scheduled liftoff will be the third launch of Globalstar's second-generation constellation satellites. The Company has contracted with launch services provider Arianespace for a total of four launches of six satellites per launch. The first two launches were successfully conducted in October of 2010 and July of this year.
The Globalstar second-generation satellite constellation is designed to support the Company's current lineup of voice, Duplex and Simplex data products and services including its lineup of SPOT retail consumer products. The new satellites are designed to last for 15 years, twice the lifespan of Globalstar's first generation satellites.
Globalstar Inc. (Nasdaq: GSAT)
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