University of Mississippi and Globalstar Announce Strategic Partnership

OXFORD, Miss. and COVINGTON, La., Aug. 30, 2017 -- University of Mississippi and Globalstar,Inc. (NYSE American:GSAT) announced today an agreement to establish a second-generation ground station on UM’s Oxford campus.

The new Globalstar ground station — telecommunications infrastructure that connects with Low Earth Orbit (LEO) satellites — will provide opportunities for the university to conduct research, testing and development of global communications technology. The agreement supports UM’s commitment to STEM education and to the development of a talented and well-trained tech workforce for the state of Mississippi, the Southeast region and the nation at large.

UM Chancellor Jeffrey Vitter expressed his appreciation for the opportunity to work with Globalstar.

“The partnership offers our students outstanding opportunities to work with an important technology and gain unique learning experiences,” he said. “The relationship will advance the university’s standing as a leader in science and technology education, which is one of our key goals for growth over the next decade.”

“We are excited about the opportunity to work with the young and eager minds at the University of Mississippi as they help develop the future of communications technology,” said Jay Monroe, CEO at Globalstar. Mr. Monroe continued “Having the additional support of these technology resources will be of significant value to Globalstar as we work to bring disruptive technology to market and we hope to provide a hands-on learning experience in return.”

“A new partnership between the university and Globalstar is an important step toward advancing STEM education in Mississippi,” U.S. Sen. Roger Wicker said. “Access to Globalstar’s technology will help prepare students to be innovators and meet the workforce needs of today and tomorrow’s digital economy.”

About the University of Mississippi

The University of Mississippi, the state's flagship institution, is among the elite group of R1: Doctoral Universities - Highest Research Activity in the Carnegie Classification. The university has a long history of producing leaders in public service, academics, research and business. Its 16 academic divisions include a major medical school, nationally recognized schools of accountancy, law and pharmacy, and an Honors College acclaimed for a blend of academic rigor, experiential learning and opportunities for community action.

About Globalstar Inc.                                                                                        
Globalstar is a leading provider of mobile satellite voice and data services. Customers around the world in industries such as government, emergency management, marine, logging, oil & gas and outdoor recreation rely on Globalstar to conduct business smarter and faster, maintain peace of mind and access emergency personnel. Globalstar data solutions are ideal for various asset and personal tracking, data monitoring, SCADA and IoT applications. The Company's products include mobile and fixed satellite telephones, the innovative Sat-Fi satellite hotspot, Simplex and Duplex satellite data modems, tracking devices and flexible service packages.

Media Contacts
Amy Lewis
University of Mississippi
[email protected]

Samantha de Castro
Globalstar, Inc.
[email protected]