STOCK TITAN

Parsons and Globalstar Announce Partnership, Demonstrate First Software Defined Satellite Communication Solutions in Low Earth Orbit

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
partnership

Parsons (NYSE: PSN) and Globalstar (NYSE: GSAT) have announced an exclusive partnership to serve public, government, and defense sectors. The collaboration includes a successful demonstration of Parsons' software-defined satellite communications solution using Globalstar's Low Earth Orbit (LEO) satellite constellation.

The partnership aims to enhance resilient communication in complex and congested areas. The Proof of Concept, initiated earlier this year, represents the first demonstration of its kind in North America, specifically designed for radio frequency (RF)-congested environments.

The collaboration focuses on optimizing communications connectivity in challenging conditions, marking a significant advancement in satellite infrastructure utilization for mission-critical needs.

Parsons (NYSE: PSN) e Globalstar (NYSE: GSAT) hanno annunciato una partnership esclusiva per servire i settori pubblico, governativo e della difesa. La collaborazione include una dimostrazione riuscita della soluzione di comunicazioni satellitari definita dal software di Parsons, utilizzando la costellazione satellitare Low Earth Orbit (LEO) di Globalstar.

La partnership mira a migliorare la comunicazione resiliente in aree complesse e congestionate. Il Proof of Concept, avviato all'inizio di quest'anno, rappresenta la prima dimostrazione della sua specie in Nord America, progettata specificamente per ambienti congestionati da frequenze radio (RF).

La collaborazione si concentra sull'ottimizzazione della connettività nelle comunicazioni in condizioni difficili, segnando un avanzamento significativo nell'utilizzo dell'infrastruttura satellitare per esigenze critiche di missione.

Parsons (NYSE: PSN) y Globalstar (NYSE: GSAT) han anunciado una asociación exclusiva para servir a los sectores público, gubernamental y de defensa. La colaboración incluye una demostración exitosa de la solución de comunicaciones por satélite definida por software de Parsons, utilizando la constelación de satélites Low Earth Orbit (LEO) de Globalstar.

La asociación tiene como objetivo mejorar la comunicación resiliente en áreas complejas y congestionadas. La Prueba de Concepto, iniciada a principios de este año, representa la primera demostración de su tipo en América del Norte, diseñada específicamente para entornos congestionados por frecuencias de radio (RF).

La colaboración se centra en optimizar la conectividad de las comunicaciones en condiciones desafiantes, marcando un avance significativo en la utilización de infraestructura satelital para necesidades críticas de misión.

파슨스 (NYSE: PSN)글로벌스타 (NYSE: GSAT)는 공공, 정부 및 방위 분야에 서비스를 제공하기 위한 독점 파트너십을 발표했습니다. 이 협력은 글로벌스타의 저지구 궤도 (LEO) 위성 군을 이용한 파슨스의 소프트웨어 기반 위성 통신 솔루션의 성공적인 시연을 포함합니다.

파트너십의 목표는 복잡하고 혼잡한 지역에서의 탄력적인 커뮤니케이션을 향상시키는 것입니다. 올해 초 시작된 개념 증명은 북미에서 처음으로 RF(라디오 주파수) 혼잡 환경을 위해 특별히 설계된 첫 번째 시연을 나타냅니다.

이 협력은 어려운 조건에서 통신 연결성을 최적화하는 데 중점을 두며, 임무에 중요한 요구 사항을 위한 위성 인프라 활용의 상당한 발전을 의미합니다.

Parsons (NYSE: PSN) et Globalstar (NYSE: GSAT) ont annoncé un partenariat exclusif pour servir les secteurs public, gouvernemental et de la défense. La collaboration comprend une démonstration réussie de la solution de communications par satellite définie par logiciel de Parsons utilisant la constellation de satellites Low Earth Orbit (LEO) de Globalstar.

Ce partenariat vise à améliorer la communication résiliente dans des zones complexes et congestionnées. La preuve de concept, lancée au début de cette année, représente la première démonstration de ce type en Amérique du Nord, spécialement conçue pour des environnements congestionnés par les fréquences radio (RF).

La collaboration se concentre sur l'optimisation de la connectivité des communications dans des conditions difficiles, marquant une avancée significative dans l'utilisation des infrastructures satellitaires pour des besoins critiques de mission.

Parsons (NYSE: PSN) und Globalstar (NYSE: GSAT) haben eine exklusive Partnerschaft angekündigt, um die öffentlichen, staatlichen und Verteidigungssektoren zu bedienen. Die Zusammenarbeit umfasst eine erfolgreiche Demonstration von Parsons' softwaredefinierter Satellitenkommunikationslösung unter Verwendung der Low Earth Orbit (LEO) Satellitenkonstellation von Globalstar.

Die Partnerschaft zielt darauf ab, die resiliente Kommunikation in komplexen und überlasteten Bereichen zu verbessern. Der zu Beginn dieses Jahres initiierten Proof of Concept stellt die erste seiner Art in Nordamerika dar, die speziell für durch Funkfrequenzen (RF) überlastete Umgebungen entwickelt wurde.

Die Zusammenarbeit konzentriert sich darauf, die Kommunikationskonnektivität unter herausfordernden Bedingungen zu optimieren, was einen bedeutenden Fortschritt bei der Nutzung von Satelliteninfrastruktur für missionskritische Anforderungen darstellt.

Positive
  • First successful demonstration of software-defined satellite communication solutions in North America
  • Exclusive partnership securing access to Globalstar's LEO satellite constellation
  • Development of new commercial service targeting RF-congested environments
Negative
  • None.

Insights

The partnership between Parsons and Globalstar represents a significant technological advancement in satellite communications. The successful demonstration of software-defined satellite communications using Globalstar's LEO constellation is particularly noteworthy as it's the first of its kind in North America. The solution addresses critical challenges in RF-congested environments, where traditional communication methods may be compromised.

The technical implications are substantial: LEO satellites offer lower latency and better signal strength compared to traditional geostationary satellites, while software-defined communications provide greater flexibility and adaptability in managing communication protocols. This combination could significantly enhance communication reliability in challenging operational environments, particularly beneficial for defense and government applications.

This strategic partnership positions Parsons to capture a larger share of the growing satellite communications market, particularly in the lucrative defense and government sectors. The successful demonstration validates their technology and opens up new revenue streams. The collaboration with Globalstar provides Parsons with access to established satellite infrastructure, reducing capital requirements while expanding service capabilities.

The timing is optimal, given the increasing demand for resilient communication solutions in complex operational environments. The exclusive nature of the partnership creates a competitive advantage for both companies in the public sector market. The commercial potential is significant, especially considering the growing emphasis on communication resilience in defense and government applications.

CHANTILLY, Va., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) and Globalstar (NYSE American: GSAT) announce their exclusive partnership to support the public, government, and defense sectors. The partnership also includes the successful demonstration of Parsons’ software-defined satellite communications solution using Globalstar’s Low Earth Orbit (LEO) satellite constellation.

As the demand for reliable global communication services continues to grow in complex and congested areas, the collaboration between Parsons and Globalstar provides an innovative solution designed to enhance resilience against disrupted communication pathways. Utilizing Globalstar’s LEO satellite constellation, the partnership aims to ensure resilient and diverse communication protocols to support a myriad of communication needs.

"This successful demonstration is a significant step forward in how we can use satellite infrastructure to support mission-critical needs across various industries," said Mike Kushin, president of Defense and Intelligence for Parsons. "By leveraging Globalstar's advanced satellite technology, we are optimizing the Parsons capability solution to provide communications connectivity, especially in areas where radio frequency congestion poses challenges."

The Proof of Concept, which commenced earlier this year, is progressing through the necessary steps to enter commercial service. This successful demonstration of Parsons Corporation’s software-defined satellite communications solution using Globalstar’s Low Earth Orbit (LEO) satellite constellation marks an important milestone as the first of its kind in North America. It unlocks previously impossible mission-critical solutions tailored for radio frequency (RF)-congested environments, setting a new standard for global communication services in complex and often challenging operating conditions.

"Partnering with Parsons Corporation allows us to demonstrate the versatility and effectiveness of our satellite solutions in addressing crucial connectivity challenges," said Dr. Paul E. Jacobs, CEO of Globalstar. "This achievement exemplifies how global satellite systems can work collaboratively with advanced technologies to deliver essential services in dynamic and challenging environments. We see this as a milestone moment for not only the progress of our partnership but also another way that Globalstar is able to bring value from our satellite infrastructure in the commercialization of these new services."

The demonstration not only highlights the advanced functionality of Parsons' solution but also the benefits of collaborating closely on a technology solution at both the RF and system layer.

For more information about the technologies showcased in the demonstration, please visit https://www.parsons.com/ and https://www.globalstar.com/en-us.

About Parsons
Parsons (NYSE: PSN) is a leading disruptive technology provider in the national security and global infrastructure markets, with capabilities across cyber and intelligence, space and missile defense, transportation, environmental remediation, urban development, and critical infrastructure protection. Please visit Parsons.com and follow us on LinkedIn and Facebook to learn how we're making an impact.

About Globalstar, Inc.
Globalstar empowers its customers to connect, transmit, and communicate in smarter ways – easily, quickly, securely, and affordably – offering reliable satellite and terrestrial connectivity services as an international telecom infrastructure provider. The Company’s low Earth orbit ("LEO") satellite constellation ensures secure data transmission for connecting and protecting assets, transmitting critical operational data, and saving lives for consumers, businesses, and government agencies across the globe. Globalstar’s terrestrial spectrum, Band 53, and its 5G variant, n53, offer carriers, cable companies, and system integrators a versatile, fully licensed channel for private networks with a growing ecosystem to improve customer wireless connectivity, while Globalstar’s XCOM RAN product offers significant capacity gains in dense wireless deployments. In addition to SPOT GPS messengers, Globalstar offers next-generation internet of things ("IoT") hardware and software products for efficiently tracking and monitoring assets, processing smart data at the edge, and managing analytics with cloud-based telematics solutions to drive safety, productivity, and profitability. For more information, visit www.globalstar.com.

Media Contact:
Angie Benfield        
+1 803.334.5277
Angie.Benfield@parsons.com

Investor Relations Contact:
Dave Spille
+ 1 703.775.6191
Dave.Spille@Parsons.us


FAQ

What is the purpose of Parsons (PSN) and Globalstar's partnership?

The partnership aims to provide resilient communication solutions for public, government, and defense sectors using Globalstar's LEO satellite constellation, specifically designed for complex and RF-congested environments.

What technology did Parsons (PSN) demonstrate with Globalstar?

Parsons demonstrated their software-defined satellite communications solution using Globalstar's Low Earth Orbit (LEO) satellite constellation, marking the first demonstration of its kind in North America.

When will Parsons (PSN) and Globalstar's solution enter commercial service?

The Proof of Concept, which began earlier this year, is currently progressing through necessary steps to enter commercial service, with no specific date announced.

Parsons Corporation

NYSE:PSN

PSN Rankings

PSN Latest News

PSN Stock Data

9.92B
105.27M
0.88%
101.37%
2.53%
Information Technology Services
Services-computer Integrated Systems Design
Link
United States of America
CENTREVILLE