Globalstar Plans to Use Band 53 in Multipoint Radio Service

An inaugural customer order for Globalstar's Xcom Ran multipoint radio system will be fulfilled largely this year and has the potential to materially scale up, Globalstar CEO Paul Jacobs said Wednesday. In a call with analysts as the company announced Q4 2023 results, Jacobs said Globalstar intends to incorporate its Band 53 spectrum into the multiband XCOM RAN service. The company didn't name the Xcom Ran user, but said it was a major U.S. retailer deploying the service for warehouse automation. Globalstar said fiscal year 2023 revenue, at $224 million, rose $149 million year over year.