Don't be disappointed with the stock price on Investor Day
Hello brothers, today is indeed a tough day.
The stock price we hoped for on Investor Day has collapsed.
However, I would like to share my thoughts on the first successful demonstration of the n53 spectrum that they announced.
(Edit)
Let’s assume the communication mentioned by the company refers to satellite-to-ground communication (though it is not explicitly stated).
This is indeed a first, and I believe it has the potential to adequately support ground data dead zones and general mobile communications in the future.
Exclusive Asset: The n53 spectrum is an exclusive frequency band owned globally by Globalstar. This provides a significant competitive edge, differentiating it from other telecom or satellite providers.
Standardization Approval: The n53 spectrum has been integrated into the 5G standard through 3GPP approval, allowing major telecom equipment and device manufacturers to utilize this frequency.
One of the key advantages of a stock that excites the world is its exclusivity and the fact that the company's technology becomes a global standard.
To summarize, this is it:
- It's not a ground-to-ground communication test but a successful satellite-to-ground communication, achieving 5G-level speeds, making it noteworthy.
- The company holds a spectrum in an exclusive position and is actively standardizing it.
Thanks.