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Thaicom Announces LEO Satellite Partnership with Globalstar

Bangkok Thailand, 28 March 2022 — Thaicom Public Company Limited (SET Thailand: THCOM), Asia’s leading satellite operator, announced today the signing of a partnership agreement with Globalstar, Inc. (NYSE American: GSAT), a global LEO satellite operator and a leading provider of satellite IoT solutions and mobile satellite services, to collaborate on the establishment and operation of Globalstar’s low-earth orbit satellite (LEO) ground facilities in Thailand and regional commercial service deployment, with a focus on personnel safety and management solutions for Thailand’s Tourism and Maritime industry.

According to the agreement, Thaicom and Globalstar will collaborate to develop and operate ground station facilities in Thailand at Thaicom’s Teleport Center, located in Pathumthani Province, for Globalstar’s LEO satellite constellation. The infrastructure and services of the ground station will enable the deployment of commercial LEO satellite services by Globalstar in the region. The partners intend to commercialize services and solutions aimed at encouraging personnel life safety and management for tourism in Thailand as well as the maritime industry in the region. The services will ensure safety and enhance the development of maritime and tourism security. The collaboration will also provide an opportunity for LEO satellite business expansion in Thailand and the region.

Patompob (Nile) Suwansiri, Thaicom’s Chief Executive Officer, stated that “We are very pleased to partner with Globalstar. This collaboration is a strategic move in expanding our portfolio of cooperation with leading global LEO operators which will complement our existing satellite services. Our experience and expertise in the satellite industry, along with Globalstar’s world-class services for Personnel Safety & Management will serve to provide our customers with advanced satellite solutions for the digital era. We believe this strategic alliance between the two companies will lay the foundation for a long-term relationship and sustainable growth in the satellite industry in this region.”

 

Media Contact:

Corporate Communications

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