New Funding Package Will Support Completion and Launch of Globalstar 2
Credit: LORAL SPACE & COMMUNICATIONS
Globalstar—buoyed by new financing—will be the first of the next-generation low-Earth-orbit mobile satellite service (MSS) constellations to reach the market. A $738-million package completed last week should allow the Milpitas, Calif.-based company to complete the manufacture, delivery and launch...
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