GSAT & Hawk Networks Team Up to Streamline Access to Band 53 Spectrum

Core Insights - Globalstar, Inc. has partnered with Hawk Networks to enhance access to its Band 53 spectrum, facilitating a more efficient and flexible approach for network operators to expand their networks [1][2] - The partnership aims to eliminate delays and complexities in traditional spectrum procurement, allowing operators to quickly position networks to meet rising connectivity demands [2][3] Company Developments - Hawk Networks emphasizes that this partnership represents a significant shift in making spectrum available as needed, which accelerates innovation and deployment in the telecom sector [3] - Globalstar's Band 53 spectrum is characterized by reliability, extensive coverage, and flexibility, making it suitable for various applications including fixed wireless broadband, IoT systems, and autonomous vehicles [3][5] - The company has recently completed its first 5G data call on the Band n53 spectrum, achieving download speeds of 100 Mbps and upload speeds of 60 Mbps, which supports advanced applications like robotics and augmented reality [7] Market Position - Globalstar is positioning itself as a leader in private wireless networks, with its Band 53 spectrum being a preferred choice for carriers and system integrators as demand for private LTE and 5G networks increases [5] - The company has partnered with Liquid Intelligent Technologies to grant exclusive distribution rights for its XCOM RAN 5G private network solution in high-growth markets, potentially including Band 53 spectrum and IoT solutions [6] Performance Metrics - Globalstar's shares have increased by 71.3% over the past six months, significantly outperforming the industry growth of 26.9% [8]