Globalstar, Inc. (OTCBB:GSAT) announced that the launch of six Globalstar satellites, scheduled for today from the Baikonur Cosmodrome in Kazakhstan was postponed due to weather conditions. The launch has been rescheduled for Wednesday, February 6, 2013 at the following time:
10:04 p.m. Baikonur time
08:04 p.m. Moscow time
05:04 p.m. Paris time
11:04 a.m. Eastern Standard Time
10:04 a.m. Central Standard Time
08:04 a.m. Pacific Standard Time
To view the launch live over the web on February 6th, please visit.
Once the new Globalstar satellites are in operational orbit and the gateway ground stations are activated, the most immediate service improvement will benefit those customers who use the Company's voice and Duplex data services. With each subsequent launch, customers can expect a progressive return to high reliability and service quality.
The new second-generation satellites are designed to support Globalstar's current lineup of mobile satellite telephones, Duplex and Simplex data products and services including the Company's lineup of SPOT retail consumer products.
Globalstar provides mobile satellite voice and data services to commercial and recreational users in more than 120 countries around the world. The Company's products include mobile and fixed satellite telephones, simplex and duplex satellite data modems and flexible 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 users. Globalstar data solutions are used for various asset and personal tracking, data monitoring and SCADA applications.