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Globalstar's last group of six satellites not to launch until early 2013

Mon, 10 September, 2012
Arianespace and Globalstar Remain at Odds over Launch Pricing

By Peter B. de Selding

PARIS—Launch-services provider Arianespace of Europe continues to negotiate a pricing dispute with customer Globalstar and expects to resolve the issues but will not launch Globalstar’s last group of six satellites until early 2013, Arianespace Chief Executive Jean-Yves Le Gall said Sept. 10.

Covington, La.-based Globalstar, which is rebuilding its constellation of mobile communications satellites, in early August told the U.S. Securities and Exchange Commission (SEC) that....