Globalstar Moves Ahead With Plans for Additional Satellites

摘要

Flush with $400 million in new cash, Globalstar Inc. is mov-ing ahead with plans for new spacecraft but keeping its options open on the exact look of its next satellite architecture. The global satellite-telephone service provider is preparing to issue requests for bids from manufacturers on a geostationary-orbiting satellite system even as it continues work with Alcatel Alenia Space on designs for a second-generation low-orbiting constellation, Globalstar Chief Executive Jay Monroe said.