Globalstar Stock News

COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces the successful completion of a joint technology trial with Skydio, the leading U.S. drone manufacturer and world leader in autonomous flight. The companies validated compatibility between the Skydio X10 and Globalstar's licensed Band n53 spectr...

COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces significant progress towards its $2 billion pledge made to the International Telecommunication Union (ITU) Partner2Connect initiative in March 2025. The company has now surpassed more than 50 percent of its commitment, investing over $1 billion...

Globalstar (GSAT) is positioned for strong growth with its XCON RAN launch, government contracts, and ongoing infrastructure expansion. GSAT reported solid Q3'25 results, driven by Wholesale Capacity Services, Commercial IoT, and robust Subscriber Equipment sales growth. Despite trading at a premium, I reiterate a Strong Buy rating for GSAT with a $69/share price target, citing future margin ex...

Massachusetts-based Essex Investment Management acquired 194,343 shares of Globalstar in the third quarter. The acquisition marked a new position for Essex.

Globalstar, Inc. ( GSAT ) Q3 2025 Earnings Call November 6, 2025 5:00 PM EST Company Participants Rebecca Clary - VP & CFO Paul Jacobs - CEO & Director Conference Call Participants Michael Crawford - B. Riley Securities, Inc., Research Division Gregory R.

COVINGTON, La.--(BUSINESS WIRE)--GLOBALSTAR ANNOUNCES THIRD QUARTER 2025 FINANCIAL RESULTS.

COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider today announced the addition of eight new six-meter C-3 tracking antennas being installed at its ground stations across Brazil. For more than two decades, Globalstar has provided mobile satellite services across Brazil via ground stations located in Manau...

Globalstar is exploring a potential sale and has held early discussions with Elon Musk's SpaceX among other prospective buyers, Bloomberg News reported on Thursday, citing people familiar with the matter