What is the expected timeline for the newly awarded contracts to translate into cash flow?

Answer – Expected cash‑flow timing

Globalstar’s press release frames the contracts as “early‑government wins” that together are projected to generate roughly US $60 million in revenue. Because the deals are tied to the rollout of mission‑critical communications services on its LEO constellation, the company will recognize the cash flow incrementally over the next 12‑18 months – i.e., the bulk of the money is expected to flow in late‑2024 through mid‑2025 as the satellite‑network capacity is provisioned, the 5G‑back‑haul solutions are installed, and the government customers begin drawing down on the services.

Trading implications

• Near‑term catalyst: The announcement itself is a positive catalyst; the market will likely price in the upside before the cash actually arrives, creating a short‑term bullish bias for the stock.
• Cash‑flow lag: Because the bulk of the $60 M will be realized later in the 2024‑25 window, investors should be cautious of a potential price‑to‑earnings compression once the revenue materialises and the forward‑looking premium is stripped away.
• Positioning: A buy‑on‑dip or modest long‑position with a 6‑month horizon (targeting the cash‑flow window) is reasonable, while keeping a stop‑loss around the recent swing‑low (≈ $0.90) to protect against any delay in contract execution or broader market volatility.