Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 54.41

+7.1%

Oct 31 9:30 AM EST

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To: Jeff Vayda who wrote (29804)	9/23/2022 11:33:52 PM
From: pcstel	of 29986

"Globalstar-2 FM15 was the eighth of a planned 52 (48 operational and 4 on-orbit spares) satellites in the Space Systems Loral "Big LEO" global mobile communications network offering global real time voice, data and fax, was launched on a Delta II rocket from Cape Canaveral. The satellite was 3-axis stabilized and employed magnetometers on a deployable boom, sun sensors, GPS as attitude sensors, and carried two deployable solar arrays delivering 1100W." Looking at the financials, it looks like GSAT paid about $30MM to launch the single ride share satellite. SpaceX laughing all the way to the bank on this one.

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