NEWS

GLOBALSTAR Announces Strategic Alliance with XCOM Labs

Globalstar, Inc. (NYSE American: GSAT) (“Globalstar” or the “Company”) today announced the formation of a global strategic alliance with XCOM Labs (“XCOM”). Globalstar and XCOM will jointly seek to commercialize XCOM’s capacity-multiplying technology with Globalstar’s Band n53 for dense 5G deployments in the US and in other countries where Globalstar has terrestrial rights.

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