Globalstar Signs Agreement With Ceres Tag, the World’s Only Direct to Satellite Livestock Smart Ear Tag
Globalstar, Inc. (GSAT)
Last globalstar, inc. earnings: 2/27 07:30 am
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Source: Business Wire
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT) (“Globalstar” or the “Company”) today announced that it has signed a commercial agreement with Ceres Tag, to supply satellite services to the livestock industry through the world’s first and only smart ear tag for traceability provenance, biosecurity, health, animal welfare, production improvement and theft reduction.This agreement follows Ceres Tag’s recent success in winning the SVG Ventures THRIVE Challenge and their ear tag being named as the #1 Big Breakthrough Technology for Ag Change in the Next Decade by the AgJournal of Weekend Australian.The Ceres Tag platform uses the unique capabilities of Globalstar to produce a small and light weight (just over one ounce) smart ear tag that attaches to the animal and automatically sends the data to the cloud via the Globalstar Satellite Network.The Ceres Tag requires no infrastructure, no maintenance and has a battery capable of lasting the lifetime of an animal
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GSAT
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- 2/28/24 - Miss
GSAT
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- 4/10/24 - Form S-8
- GSAT's page on the SEC website