Globalstar successfully launches eight HIBLEO-4 LEO satellites
This Globalstar 2-R mission replenishes the constellation, reinforcing the company's commitment to reliable global connectivity.
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Satellite communications and IoT solutions provider
globalstar.comLast updated
In short: Globalstar agreed to Amazon's $11.57B acquisition, launched eight HIBLEO-4 satellites, and advanced C-3 and XCOM RAN programs.
This Globalstar 2-R mission replenishes the constellation, reinforcing the company's commitment to reliable global connectivity.
Revenue totaled $64.8 million with record Commercial IoT activations, while net loss was $26.5 million.
The mission will support Globalstar's current-generation LEO constellation; live launch coverage available online.
Revenue increased 17% to $70.1 million, and the company entered a merger agreement with Amazon.
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