Globalstar Announces Commercial Availability Of XCOM RAN Multipoint Radio System For Private Network Wireless Optimization; Solution Being Deployed By Major Global Retailer
Portfolio Pulse from Benzinga Newsdesk
Globalstar, Inc. (NYSE:GSAT) announced the commercial availability of its XCOM RAN multipoint radio access network system, designed to enhance 5G wireless applications by offering over 4x capacity gains compared to traditional 5G systems. The technology, which eliminates handoff boundaries and scales economically, is being deployed by a major global retailer. XCOM RAN is built on Open RAN architecture, supports high capacity and seamless mobility, and is expected to be delivered in several systems by 2024. The technology stands out in various applications including warehouse automation, stadiums, enterprises, and extended reality, promising significant performance and capacity improvements.
February 23, 2024 | 2:00 pm
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Globalstar's launch of XCOM RAN, with its deployment by a major global retailer, highlights a significant advancement in 5G technology, promising over 4x capacity gains and superior performance in various applications.
The announcement of XCOM RAN's commercial availability and its adoption by a major global retailer is a strong positive signal for Globalstar. It not only showcases the company's innovative capabilities in enhancing 5G technology but also indicates potential revenue growth from this new product. The significant performance improvements and capacity gains over traditional 5G systems could make XCOM RAN a desirable solution for various industries, potentially leading to more partnerships and increased market share for Globalstar.
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