MDA Space Says Eight Globalstar Satellites Pass Initial On-Orbit Tests
Bitget2026/11/10 13:16- MDA Space confirmed Nov. 10, 2026, all eight Globalstar 2-R satellites launched Aug. 15 passed initial on-orbit functional tests.
- Electric orbit raising has begun for the first two satellites; payload health checks are underway.
- Final integration was completed in Montréal for the remaining nine satellites on order.
- The 17 satellites will replenish Globalstar's HIBLEO constellation, supporting direct-to-device services on select mobile phones and IoT applications.
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EIA expects Brent crude spot prices to remain at $100 per barrel for the rest of the year and raises the average price forecasts for this year and next.
The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.

