China's Geespace Launches Eleven Low-orbit Satellites to Build Geely Future Mobility Constellation [Yahoo! Finance]
Globalstar, Inc. (GSAT)
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Source: Yahoo! Finance
satellites into low Earth orbit, finish the deployment of the second orbital plane of the ambitious Geely Future Mobility Constellation. Geely Future Mobility Constellation represents the world's inaugural commercial initiative to integrate communication, navigation, and remote sensing within a single satellite network. The nine satellites of the first orbital plane was successfully deployed in June 2022 . To date, Geespace has not only initiated mass production of satellites but also accomplished orbital plane level deployment, achieving constellation-level telemetry, tracking, and command (TT&C). The company is actively engaged in satellite application testing. With this advancement, Geespace joins the global league of enterprises like Iridium, Globalstar, Orbcomm, OneWeb, and SpaceX, showcasing its capability to independently construct and manage a commercial satellite constellation. It also stands as the sole entity in China to have successfully completed such extensive conste
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GSAT
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- 2/28/24 - Miss
GSAT
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- 4/10/24 - Form ARS
- GSAT's page on the SEC website