Globalstar, Inc. NASDAQ:GSAT, the world’s largest provider of mobile satellite voice and data services to businesses, government and individuals, today announced that satellite manufacturer Thales Alenia Space has begun production assembly, integration and testing of the first Globalstar second-generation flight model satellites. Globalstar, Thales Alenia Space and Arianespace company officials presented the latest updates to members of the media and investment community at the Thales Alenia Space satellite manufacturing facility located in Cannes, France. The new satellites, scheduled for delivery beginning in less than a year, will be used to provide Globalstar’s next-generation of advanced mobile satellite voice and data services. In November of 2006 Globalstar signed a contract with Thales Alenia Space for the design, manufacture and delivery of 48 second-generation satellites. In September of 2007 Globalstar signed a contract with launch provider Arianespace to launch the second-generation satellites beginning in the second half of next year. Globalstar will once again use the highly reliable human-rated Soyuz launch vehicle which has been used to successfully launch 32 Globalstar first-generation satellites.
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