Globalstar, Inc. (Nasdaq:GSAT) announced the Company has signed an agreement with Quake Global, Inc., a manufacturer of satellite data modems for tracking, monitoring, and controlling industrial assets. According to the agreement,
Quake Global will design, manufacture, and deliver a new line of
Globalstar's integrated multimode data modems as well as a nexgen
satellite data and voice module (
SDVM). According to Polina Braunstein, President and CEO of Quake Global, "For the first time, Quake will be able to offer satellite voice capability in addition to its well-established data transmittal services." Quake expects to deliver its first model of Globalstar products by the end of 2009, and will introduce a complete line of Globalstar communicators in 2010.
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