GSAT News

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

September 15, 2025Technology
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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

GSAT

COVINGTON, 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

August 14, 2025Contracts
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Globalstar Expands Ground Station in Singapore

GSAT

COVINGTON, 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

August 12, 2025Expansion
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Dawson Geophysical Company Purchases Ultralight Seismic Land Nodes from Geospace Technologies

GSAT

HOUSTON--(BUSINESS WIRE)-- #energyexploration--Dawson Geophysical Company Purchases Pioneer - Ultralight Seismic Land Nodes - from Geospace Technologies for $24 Million

August 11, 2025Mergers
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Globalstar to Participate in Upcoming Investor Conferences

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 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

August 6, 2025Investor
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Parsons and Globalstar Pave Way for Commercial Satellite Solutions after Completing Successful Proof of Concept

GSAT

COVINGTON, 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

GSAT

June 2, 2025
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Intuitive Machines Plans 'Higher-Margin Recurring Revenue Streams' By Putting Satellites Around The Moon—Scores $18 Million NASA Task Order

GSAT

Astronautics 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.

May 14, 2025
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Why Globalstar (GSAT) Stock Is Trading Lower

GSAT

Globalstar shares are trading lower by 13.1% during Friday's session. The company reported worse-than-expected Q1 EPS and revenue.

May 9, 2025
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Globalstar Affirms FY2025 Sales Guidance of $260.00M-$285.00M

GSAT

May 8, 2025
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Globalstar Q1 EPS $(0.16) Misses $(0.02) Estimate, Sales $60.03M Miss $64.54M Estimate

GSAT

May 8, 2025
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Globalstar Announces Opening Of Satellite Operations Control Center At Covington HQ; Event Attended By House Majority Leader Steve Scalise And FCC Chairman Brendan Carr

GSAT

March 18, 2025
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Craig-Hallum Maintains Buy on Globalstar, Lowers Price Target to $45

GSAT

February 28, 2025
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Globalstar Sees FY2025 Sales $260.000M-$285.000M vs $263.03M Est

GSAT

February 27, 2025
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Globalstar Q4 Adj EPS $(0.20) Misses $(0.03) Estimate, Sales $61.18M Beat $60.24M Estimate

GSAT

February 27, 2025
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Morgan Stanley Maintains Equal-Weight on Globalstar, Raises Price Target to $25

GSAT

February 26, 2025
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Globalstar Announces The Launch Of A Two-Way Satellite IoT Solution Via Its LEO Constellation

GSAT

February 26, 2025
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B. Riley Securities Maintains Buy on Globalstar, Adjusts Price Target To $60 from $4 (1-for-15 Reverse Stock Split)

GSAT

February 19, 2025
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Globalstar 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%

GSAT

December 20, 2024
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Globalstar 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

GSAT

November 18, 2024
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Globalstar To Transfer Stock Listing To Uplist On Nasdaq

GSAT

November 18, 2024
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Craig-Hallum Maintains Buy on Globalstar, Raises Price Target to $5

GSAT

November 4, 2024
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