Parsons and Globalstar Announce Partnership, Demonstrate First Software Defined Satellite Communication Solutions in Low Earth Orbit
Globalstar, Inc. (GSAT)
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Source: Business Wire
CHANTILLY, Va.--(BUSINESS WIRE)--Parsons Corporation (NYSE: PSN) and Globalstar (NYSE American: GSAT) announce their exclusive partnership to support the public, government, and defense sectors. The partnership also includes the successful demonstration of Parsons’ software-defined satellite communications solution using Globalstar’s Low Earth Orbit (LEO) satellite constellation.As the demand for reliable global communication services continues to grow in complex and congested areas, the collaboration between Parsons and Globalstar provides an innovative solution designed to enhance resilience against disrupted communication pathways. Utilizing Globalstar’s LEO satellite constellation, the partnership aims to ensure resilient and diverse communication protocols to support a myriad of communication needs."This successful demonstration is a significant step forward in how we can use satellite infrastructure to support mission-critical needs across various industries," said Mike Kush
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- 11/7/24 - In-Line
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- 12/20/24 - Form 4
- 12/19/24 - Form 8-K
- 12/19/24 - Form 4
- GSAT's page on the SEC website