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Stock impact report

Iridium Is Offering Its Own Smartphone-to-Satellite Service to Companies [CNET News]

Globalstar, Inc. (GSAT) 
Last globalstar, inc. earnings: 2/27 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: globalstar.com/investors
Company Research Source: CNET News
The satellite-to-phone trend we predicted last year didn't take off as expected, and one of the casualties was satellite network owner Iridium's severed partnership with chipmaker Qualcomm . Now on its own, Iridium has launched its own service device makers can use to let you send text messages through satellites. Project Stardust, as Iridium's service is called, will offer the company's constellation of satellites to device manufacturers and carriers to provide connectivity straight to phones, cars, mobile networks and internet of things devices. Unlike Iridium's previously planned partnership with Qualcomm, which was a proprietary service, Project Stardust will comply with the 3GPP 5G standards for non-terrestrial networks. "The industry is moving quickly towards a more standards-based approach, and after surveying the field, we found that we're the best positioned to lead the way using our own network, particularly given our true global coverage," Iridium CEO Matt Desch said i Show less Read more
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