Globalstar Places Order With Thales Alenia Space for Additional Second-Generation Satellites

Posted on October 03, 2011 by Jyoti Xenel

Globalstar, Inc., a leading provider of mobile satellite voice and data services to businesses, government and consumers, today announced that it has placed an order with Thales Alenia Space for an additional six satellites. This is in addition to the 25 satellites already ordered under the 2006 second-generation constellation contract. According to the terms of the contract these satellites will cost approximately EUR 55 million and should be delivered by mid-2013. The fast track delivery, agreed upon when the contract was signed in 2006, is due to the fact that Globalstar has previously purchased EUR 12 million in long lead items that facilitate the prompt manufacture of these six spacecraft. Additionally, the incremental purchase amount is particularly price competitive due to the fact that Globalstar has already prepaid over EUR 53 million as part of its 2009 COFACE financing. Thus, combined with the EUR 12 million long lead items, Thales has already received approximately EUR 65 million for these satellites. Further payments will not be made until Thales Alenia Space initiates the manufacturing process. "Notwithstanding the previously announced arbitration proceedings, we look forward to receipt of these satellites for our second-generation constellation," said Jay Monroe, Executive Chairman and CEO of Globalstar, Inc. "This is a complicated project and we value Thales's ability to deliver on time and on budget."

Leave a comment

NewCommentFormDrop

You Might Also Like...

Garmin GPSMAP H1 vs H1i Plus vs 67 vs 67i: The Ultimate Comparison

Garmin GPSMAP H1 vs H1i Plus vs 67 vs 67i: The ...

Posted on September 15, 2025 by Guy Arnold

Garmin’s GPSMAP series has always been the gold standard for rugged handheld navigation. The launch of the new GPSMAP H1 and H1i Plus marks a big leap forward, with upgraded displays, storage, and durability. But...

SmartOne Solar vs SmartOne C: Which Globalstar Tracker Should You Choose?

SmartOne Solar vs SmartOne C: Which Globalstar ...

Posted on September 01, 2025 by Guy Arnold

When it comes to reliable satellite tracking, Globalstar’s SmartOne Solar and SmartOne C stand out as two of the most trusted options for businesses and individuals who need dependable asset visibility and workforce safety. Both...

Stay Connected Anywhere: The Complete Guide to SPOT Satellite Devices

Stay Connected Anywhere: The Complete Guide to ...

Posted on August 11, 2025 by Guy Arnold

The wind is picking up. You’ve been following a mountain trail for hours, miles from the nearest road, and your phone’s screen taunts you with No Signal. Somewhere in the distance, clouds are rolling in....

Video Post: How ZOLEO SOS Works

Video Post: How ZOLEO SOS Works

Posted on July 28, 2025 by Guy Arnold

When you’re far from mobile coverage, the ZOLEO Satellite Communicator keeps you connected. One of its most critical features is the dedicated SOS function, which connects you to a 24/7 emergency response team via satellite, even...