Globalstar, Inc. (Nasdaq:GSAT) announced that Mr. Laurent Wauquiez, the French Minister in charge of Space Operations, has issued to Globalstar its final authorization to operate its second generation constellation of satellites. Consequently, the French Ministry has commenced the process to register the satellites with the United Nations as provided under the Convention on Registration of Objects Launched into Outer Space. Globalstar's second generation satellite constellation represents one of the first space operations authorized the recently enacted French Space Act.
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September 7th, 2011 at 03:21 pm