Globalstar, Inc. (GSAT) declared that David Kagan, the Company’s President and Chief Operating Officer, will be leaving the Company in March 2017 to accept an exciting new opportunity with SpeedCast. After his departure, Mr. Kagan will assume an advisory role with the Company and will continue to assist the administration team and the Board with planned and operational guidance. Globalstar will right away begin a search to fill the position. If a replacement is not designated by the time of Mr. Kagan’s departure, his responsibilities will be assumed by the Chief Executive Officer on an interim basis.
Jay Monroe, Chairman and CEO of Globalstar, commented, “We thank Dave for his year of transformational and dedicated service to Globalstar. Under his leadership, our operational results improved significantly and his plans for 2017 and beyond will continue to be implemented by our team.”
“I am proud of what we have accomplished in the growth of our subscriber base and improvement in ARPU,” Kagan noted. “As Globalstar launches its new products with fully upgraded ground stations and expansion in new markets, I am confident our customers will realize the benefits and drive consistent growth. I want to thank the entire Globalstar team for their vigorous efforts.”
Red Hat Inc (RHT) recently declared a collaborative research and education agreement with Boston University (BU), an internationally recognized institution of higher education and research, to advance research and education on open source and emerging technologies, counting cloud computing, machine learning and automation, and big data. Via the five-year agreement, Red Hat plans a broad educational and research partnershipwith BU with grants totaling $5 million administered by BU’s Cloud Computing Program.
Hosted within the Hariri Institute for Computing and Computational Science & Engineering, Boston University’s Cloud Computing Program (CCI) is dedicated to leading integrated programs in research, education, and technology development targeting all layers of the cloud computing ecosystem. The CCI pursues projects that provide the impetus for partnershipand advancement by not only involving members of BU’s academic community, but also industry leaders such as Red Hat, and users of prototypical applications whose needs may not be met by existing cloud platforms.
Red Hat, recognized as one of the world’s most innovative companies, has become synonymous with open source and is also a leader in emerging technologies, counting hybrid cloud computing and Linux containers. In September 2016, Red Hat declared plans for a new facility in Boston to showcase and advance open source innovation.
Through the partnership- spanning research, incubated projects, and fellowship and internship programs for students and visiting scientists – Red Hat and Boston University aim to advance research projects focused on emerging technologies, counting open source operating systems, cloud computing technologies and services, machine learning and automation, and big data platforms. A fundamental aim of the partnershipis to combine the strengths of research and open source innovation, developing techniques and best practices to integrate the rigor and focus of academic research with the power of community-powered open source innovation.