Globalstar Stock News

COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT) (“Globalstar” or the “Company”), a next-generation telecommunications infrastructure and technology provider, held an investor day on Thursday, December 12, 2024. The Company's executive leadership team outlined Globalstar's strategic priorities and vision for the future by optimizing value for its core assets and providing...

COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT), the next-generation mobile satellite and communications services provider, announced today a collaboration agreement with Hawk Networks. Hawk is transforming the way operators access wireless spectrum with a more efficient and flexible approach to utilizing Globalstar's versatile Band 53 spectrum. Globalstar's collaboratio...

COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT), the next-generation mobile satellite and communications services provider, announced today the first 5G data call on Globalstar band n53™ spectrum, achieving 100 Mbps download and 60 Mbps upload speeds. These increased speeds allow for mission-critical applications such as robotics, autonomous forklifts, augmented reality ...

CHANTILLY, Va.--(BUSINESS WIRE)--Parsons Corporation (NYSE: PSN) and Globalstar (NYSE American: GSAT) announce their exclusive partnership to support the public, government, and defense sectors. The partnership also includes the successful demonstration of Parsons' software-defined satellite communications solution using Globalstar's Low Earth Orbit (LEO) satellite constellation. As the demand ...

COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT) (“Globalstar”), the next-generation mobile satellite and communications services provider, today announced that the United States Federal Communications Commission (“FCC” or “the Commission”) has issued a radio station authorization to GUSA Licensee LLC granting it a 15-year renewal of its authority to operate numerous cate...

Globalstar's extended agreement with Apple is projected to double annual revenues and improve profitability margins. I expect the Nasdaq uplisting in Q1 2025, accompanied by a reverse stock split, to attract more institutional investors. I see potential in the IOT segment, which could leverage up to 15% of the new MSS network capacity for IOT applications in a rapidly expanding market.

DUBLIN--(BUSINESS WIRE)--Globalstar Europe Satellite Services Ltd., a wholly owned subsidiary of Globalstar, Inc. (NYSE American: GSAT) (collectively “Globalstar” or the “Company”), the next-generation mobile satellite and communications service provider, today announced that value added reseller Spotter has seen sales of its satellite IoT-enabled horse tracking collar more than double in the l...

COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT) (“Globalstar” or the “Company”), a next-generation telecommunications infrastructure and technology provider, today announced that the Company will host an Analyst & Investor Day on Thursday, December 12, 2024 beginning at 9:00 a.m. ET. During the event, members of Globalstar's senior management team will provide detailed u...