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Investing.com -- Globalstar Inc (NASDAQ:GSAT) stock rose 4.1% Tuesday following the commercial launch of its RM200M two-way satellite IoT module, which has now received global certification.
The telecommunications infrastructure provider announced that the new module enables low-cost, low-power satellite connectivity for critical assets worldwide. The RM200M leverages Globalstar’s licensed L and S-band spectrum and second-generation satellites to deliver reliable two-way connectivity while also being designed to support cellular connectivity from the same module.
"With the RM200M module now certified across major geographies, we’ve moved to true global reach with our two-way communications," said Mersad Cavcic, Globalstar Chief Product Officer. "This milestone gives our partners and customers a reliable, cost-effective solution for connecting assets and operations across expansive geographies and hard-to-connect territories alike."
The company indicated that customers are already implementing the technology across various industries including logistics, transportation, energy, agriculture, and environmental monitoring. The module’s key selling points include its flexibility, multimode capability, and ease of integration.
Customer testimonials highlighted the module’s practical applications. Tsogbadrakh Surenjargal, Co-Founder of Spotter International, noted that the technology enables connectivity with critical assets regardless of location, while Lasso Executive Vice President Daniel Irizarry described the module as "revolutionary" for its low-cost design and simplified integration capabilities.
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