Globalstar, Inc. (Nasdaq:GSAT), a leading provider of mobile satellite voice and data services to businesses and consumers, today announced that the launch of six Globalstar satellites scheduled for earlier today was postponed following the countdown’s interruption prior to liftoff of the Soyuz launch vehicle from Baikonur Cosmodrome in Kazakhstan.
Launch services provider Arianespace announced that the launch was postponed due to a malfunction of equipment on the Soyuz launch pad. The issue has been resolved and the launch is now scheduled for July 12 at 8:43 a.m. Baikonur local time (2:43 a.m. UTC and 10:43 pm EDT on Monday, July 11, 2011).
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(TM) 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 at www.globalstar.com
