Globalstar to Enter Next Era of Mobile Satellite Connectivity with Expanded Operational Frequencies
GSAT(NASDAQ:GSAT) COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces plans to bring-into-use its HIBLEO-XL-1 satellite system filing in preparation for its next era of mobile satellite connectivity. Dr. Paul Jacobs, Globalstar CEO, said “We believe that bringing HIBLEO-XL-1 into use provides Globalstar with significant optionality as the Company grows as a major provider of connectivity in the global space
Globalstar Breaks Ground in Greece – Doubling the Size of its Teleport Facilities to Support its Third-Generation C-3 Constellation
GSAT(NASDAQ:GSAT) COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces construction of additional gateway infrastructure at its existing ground station at OTE S.A.’s commercial teleport in Nemea, Greece. Globalstar’s work in Nemea is part of a substantial expansion of its global ground infrastructure to support its third-generation C-3 System. Globalstar, through its wholly owned subsidiary, Globalstar Europ
Globalstar to Participate in Upcoming Conferences
GSAT(NASDAQ:GSAT) COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (Nasdaq: GSAT) (“Globalstar” or the “Company”), a next-generation telecommunications infrastructure and technology provider, today announced that members of the Company will be participating at the following upcoming conferences: B. Riley 8th Annual Consumer & TMT Conference Date: Wednesday, September 10, 2025 Location: New York, NY Format: Rebecca Clary, Globalstar VP and CFO, and other Company representatives will participate in one-on-one
Globalstar Secures Early Government Wins Expected to Yield $60 Million, Expanding Government and Defense Market Presence with Resilient Satellite and 5G Networking Solutions
GSATCOVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT) (“Globalstar” or the “Company”), a next-generation telecommunications infrastructure and technology provider, today announced significant momentum in the government market through multiple recent contract awards and strategic partnerships. Leveraging its Low Earth Orbit (LEO) satellite constellation, licensed spectrum assets, and advanced networking technologies, Globalstar is delivering mission-critical communications solutions for def
Globalstar Expands Ground Station in Singapore
GSATCOVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces that construction has commenced to expand the size of the ground station in Singapore to support its third-generation C-3 mobile satellite system (MSS). Singtel has hosted Globalstar’s ground station facilities in Singapore since 2008. The announced construction will add two additional 6-meter tracking antennas that will support Globalsta
Dawson Geophysical Company Purchases Ultralight Seismic Land Nodes from Geospace Technologies
GSATHOUSTON--(BUSINESS WIRE)-- #energyexploration--Dawson Geophysical Company Purchases Pioneer - Ultralight Seismic Land Nodes - from Geospace Technologies for $24 Million
Globalstar to Participate in Upcoming Investor Conferences
GSATCOVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (Nasdaq: GSAT) (“Globalstar” or the “Company”), a next-generation telecommunications infrastructure and technology provider, today announced that members of the Company will be participating at the following upcoming investor conferences: Morgan Stanley Media & Communications Corporate Access Day Date: Tuesday, August 12, 2025 Location: New York, NY Format: One-on-one or Group Meetings TD Securities Technology Growth Capital Summit Date: Thu
Parsons and Globalstar Pave Way for Commercial Satellite Solutions after Completing Successful Proof of Concept
GSATCOVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, and Parsons Corporation, a global leader in national security and critical infrastructure solutions, (NYSE: PSN) today announced a significant step toward commercial availability of a joint solution that integrates Globalstar’s Low Earth Orbit (LEO) satellite capabilities with Parsons’ advanced software-defined communication technologies. This collaborative ef
Globalstar Announces FCC Space Bureau Acceptance And Public Notice Of C-3 System Petition
GSATIntuitive Machines Plans 'Higher-Margin Recurring Revenue Streams' By Putting Satellites Around The Moon—Scores $18 Million NASA Task Order
GSATAstronautics company, Intuitive Machines Inc. (NASDAQ: LUNR), unveiled plans for its Near Space Network Services (NSNS) program, highlighting a strategic pivot toward recurring, high-margin revenue from lunar orbit infrastructure.
Why Globalstar (GSAT) Stock Is Trading Lower
GSATGlobalstar shares are trading lower by 13.1% during Friday's session. The company reported worse-than-expected Q1 EPS and revenue.
Globalstar Affirms FY2025 Sales Guidance of $260.00M-$285.00M
GSATGlobalstar Q1 EPS $(0.16) Misses $(0.02) Estimate, Sales $60.03M Miss $64.54M Estimate
GSATEarnings Outlook For Globalstar
GSATLooking Into Globalstar's Recent Short Interest
GSATGlobalstar Announces Opening Of Satellite Operations Control Center At Covington HQ; Event Attended By House Majority Leader Steve Scalise And FCC Chairman Brendan Carr
GSATCraig-Hallum Maintains Buy on Globalstar, Lowers Price Target to $45
GSATGlobalstar Sees FY2025 Sales $260.000M-$285.000M vs $263.03M Est
GSATGlobalstar Q4 Adj EPS $(0.20) Misses $(0.03) Estimate, Sales $61.18M Beat $60.24M Estimate
GSATMorgan Stanley Maintains Equal-Weight on Globalstar, Raises Price Target to $25
GSATGlobalstar Announces The Launch Of A Two-Way Satellite IoT Solution Via Its LEO Constellation
GSATB. Riley Securities Maintains Buy on Globalstar, Adjusts Price Target To $60 from $4 (1-for-15 Reverse Stock Split)
GSATGlobalstar Outlines Growth Strategy And Financial Outlook At Investor Day; Reiterates FY24 Revenue Guidance Range To $245M-$250M And Adjusted EBITDA Margin To 54%; Introduces FY25 Revenue Guidance Of $260M-$285M; Adj EBITDA Margin Of 50%
GSATGlobalstar Announced That Its Board Of Directors Has Authorized A Reverse Stock Split Of Its Common Stock, Which Is Also Expected To Take Place In Q1 2025 At A Ratio To Be Determined Closer To The Effective Date
GSATGlobalstar To Transfer Stock Listing To Uplist On Nasdaq
GSATCraig-Hallum Maintains Buy on Globalstar, Raises Price Target to $5
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