Globalstar tries to quell funding fears
In a move designed to clarify funding requirements and provide a candid assessment to the investment community, Globalstar said Monday while it has enough money to continue deployment, it will, in fact, need a cash infusion by September or October. "We are confident in our ability to raise funding...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
