CHANTILLY, Va.--(BUSINESS WIRE)--Dec 3, 2024-- 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 . View source version on businesswire.com : https://www.businesswire.com/news/home/20241203082409/en/ CONTACT: Alisa Moloney alisa.moloney@globalstar.com KEYWORD: UNITED STATES NORTH AMERICA VIRGINIA INDUSTRY KEYWORD: PUBLIC POLICY/GOVERNMENT SATELLITE NETWORKS DEFENSE OTHER DEFENSE OTHER POLICY ISSUES TECHNOLOGY MOBILE/WIRELESS SOURCE: Globalstar Copyright Business Wire 2024. PUB: 12/03/2024 04:09 PM/DISC: 12/03/2024 04:08 PM http://www.businesswire.com/news/home/20241203082409/enI’m still visiting every museum in NYC. Here are 9 of my favorites from 2024.
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Israel , renowned for its expertise in silicon chip design that powers global tech giants like Intel , Nvidia , and Apple , is expanding its innovation into a new frontier—biochips. Israel will soon host its first-ever research and development lab dedicated to biochip and smart sensor technology, focusing on medical diagnostics, environmental rehabilitation, and energy generation from waste. 2 View gallery After becoming a leader in the field of silicon, Israel is turning to a new field ( Photo: Shutterstock ) The lab, a collaboration between Israel Aerospace Industries (IAI) and Israeli company Bacaromus, will integrate biology, engineering, and artificial intelligence. The $29.6 million project will be supported by a $19.6 million investment from the government through the Israel Innovation Authority. Biochips developed in the lab aim to revolutionize fields such as medicine and environmental science. Applications include accelerating drug development, real-time monitoring of health conditions from within the body, rapid diagnosis of infectious diseases from small samples, purifying contaminated water, and more. Biochips and biological devices have the potential to manipulate individual cells, perform microscopic processes, and detect molecular changes. Practical uses range from identifying airborne toxins, breaking down oceanic plastic and organic waste, diagnosing viral and bacterial diseases, detecting explosives at border crossings, cultivating food in harsh conditions, and pinpointing contaminated areas. Get the Ynetnews app on your smartphone: Google Play : https://bit.ly/4eJ37pE | Apple App Store : https://bit.ly/3ZL7iNv The new facility will provide Israeli biotech researchers and companies with cutting-edge tools and infrastructure to drive biochip innovations across medicine, energy, and agriculture—reducing dependence on foreign resources. Dror Bin, CEO of the Israel Innovation Authority, stated the lab will serve as a hub for research, knowledge sharing, and technological development, attracting foreign investments, international collaborations, and fresh talent to Israel. 2 View gallery Biochips may help break down plastics that have long since become one of the planet's biggest problems ( Photo: Shuttertock ) The lab’s founders, IAI and Bacaromus, were chosen following a rigorous selection process. IAI brings decades of expertise in advanced technology development, including 3D printing, advanced materials, machine learning, simulation, and system integration. Bacaromus, based in Caesarea, specializes in chip packaging and optical components, offering cleanroom facilities, assembly support, and a skilled team with extensive experience in the field. Innovation, Science, and Technology Minister Gila Gamliel hailed the project as a strategic milestone. “The new lab marks a groundbreaking chapter where biology, engineering, and artificial intelligence converge to create transformative solutions that can change the world,” she said. >
Peak Asset Management on Australia's market future and global trendsGeorgetown aims to continue ascent vs. Coppin StateHouston Texans wide receiver Nico Collins scored a touchdown against the Tennessee Titans in his most recent home game and tossed the ball to a child in the stands pleading for it. On Thursday, Collins told reporters the NFL did not approve and assessed him a fine of about $5,000. "It's for the kids," Collins said. "I seen he was screaming and was thinking, ‘Here you go, big dog. Here's the ball.'" Collins said he was not penalized last season on the handful of occasions he threw a ball into the stands, so he wasn't expecting a fine. But making a child's day was "definitely worth it." The 25-year-old said he plans to appeal the fine, but if it isn't overturned, he'll pay up. "The only thing that matters was making that kid happy," he said. "He ain't never going to forget that moment. So that's all that matters to me." Collins followed up a 92-yard, one-touchdown performance that day against Tennessee with eight receptions for 119 yards last week at Jacksonville. The fourth-year wideout is Houston's leading receiver despite missing five games due to a hamstring injury. He has caught 49 passes for 832 yards and four touchdowns in just eight appearances. --Field Level Media