Globalstar Hires SpaceX for 2025 Launch
Under a Globalstar-SpaceX launch services agreement, SpaceX will handle the 2025 launch of the first set Globalstar satellites intended for replacement and life extension of its constellation (see 2308030042), Globalstar said in a SEC filing Thursday. Cost of the launch…
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is $64 million, with Apple -- which is partnering with Globalstar on mobile supplemental coverage from space service for its iPhones -- covering 95% of the capital expenditures for the new satellites, including the launch costs, it said.