Globalstar Begins Major C-3 Satellite System Ground Expansion with First Antenna Installation in Texas

Globalstar Inc. (NASDAQ:GSAT) is one of the best hot stocks to buy according to Wall Street analysts. On June 30, Globalstar announced the successful installation of Clifton-8. This 6-meter tracking antenna is the first dedicated to Globalstar’s upcoming C-3 mobile satellite system. It marked the official commencement of a significant global expansion of the company’s ground infrastructure for its new Extended Mobile Satellite Services/MSS Network.

The initial installation took place at Globalstar’s largest and longest-operating ground station in Clifton, Texas. The site has been providing continuous service for over 2 decades and plays a crucial role in supporting satellite coverage across the continental US, Mexico, and Canada. Clifton-8 is the eighth tracking antenna installed at this particular station and is the first of 5 new antennas planned for the Clifton facility to specifically support the C-3 system.

Globalstar Begins Major C-3 Satellite System Ground Expansion with First Antenna Installation in Texas

A satellite launch, representing the company’s two-way voice and data products.

The installation of Clifton-8 is the initial step in a broader and months-long process. Globalstar plans to deploy 90+ new antennas across ~35 ground stations located in 25 countries and territories worldwide. This initiative involves both upgrades to existing ground stations and the construction of new facilities.

Globalstar Inc. (NASDAQ:GSAT) provides mobile satellite services in the US, Canada, Europe, Central and South America, and internationally.

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Disclosure: None. This article is originally published at Insider Monkey.