Welcome to our dedicated page for Globalstar news (Ticker: GSAT), a resource for investors and traders seeking the latest updates and insights on Globalstar stock.
Globalstar, Inc. reports developments in satellite and terrestrial connectivity, including mobile satellite services, low Earth orbit satellite infrastructure, licensed Band 53/n53 spectrum and private wireless technology. Its recurring news themes include XCOM RAN private 5G deployments, IoT and direct-to-device connectivity, ground-station expansion, spectrum-enabled partnerships, government and defense collaborations, and operating results.
The company serves business, enterprise, consumer and governmental markets with voice, data, asset-tracking, safety and personal communications services. Updates also cover satellite network upgrades, product modules, ecosystem partners and material corporate actions tied to its communications infrastructure and capital structure.
Globalstar (NASDAQ: GSAT) announced that the planned May 17, 2026 HIBLEO-4 replenishment satellite launch with SpaceX has been postponed. The delay allows more time for Globalstar teams to prepare the satellites. A new launch date will be announced. The mission aims to replenish the existing low Earth orbit constellation to support network resilience and service reliability.
Globalstar (NASDAQ: GSAT) announced that its HIBLEO-4 replenishment satellites are scheduled to launch on a SpaceX Falcon 9 on Sunday, May 17, from Cape Canaveral Space Force Station, Florida, during a 14-minute window opening at 8:50 a.m. ET.
The satellites will replenish Globalstar’s low Earth orbit constellation, aiming to support network resilience and service reliability across its satellite communications offerings. A live webcast will stream on spacex.com/launches starting about 15 minutes before liftoff.
Globalstar (NASDAQ: GSAT) reported Q1 2026 revenue of $70.1 million (17% YoY), service revenue of $66.7 million, and subscriber equipment sales of $3.4 million. The company entered a definitive merger agreement with Amazon on April 13, 2026, offering shareholders $90 cash or 0.3210 Amazon shares (capped at $90). Globalstar plans two launches in 2026 for its next-generation satellites, is developing a 50+ satellite C-3 constellation, and received FCC Space Bureau confirmation of exclusive MSS Big LEO spectrum rights. Cash was $358.4 million at March 31, 2026; net loss was $17.4 million.
Amazon (NASDAQ:AMZN) will acquire Globalstar to add Direct-to-Device (D2D) services to Amazon Leo, expand mobile satellite coverage, and support Apple iPhone and Apple Watch satellite features. Key deal terms: $90 cash or 0.3210 AMZN shares per Globalstar share (cap $90), 40% cash election cap, up to $110M downward adjustment. Globalstar holders with ~58% combined voting power approved; closing expected in 2027. Amazon plans Leo D2D deployment beginning 2028 to scale voice, text, and data for remote users.
XCOM RAN by Globalstar (NASDAQ:GSAT) launched an end-to-end private 5G solution on April 7, 2026, combining XCOM Radio Series, XCOM Core, XCOM Orchestrator and an XCOM Industrial Router for Industry 4.0. The Supercell O-RAN architecture supports Band n48, n78 and licensed Globalstar Band n53 for private deployments.
The platform is multi-tenant, multi-spectrum and built for rapid integration with partner hardware and industrial AI automation use cases.
Globalstar (Nasdaq: GSAT) reported full year 2025 revenue of $273.0 million and record Adjusted EBITDA of $136.1 million, a 50% margin. Cash and equivalents were $447.5 million and adjusted free cash flow was $171.5 million.
The company launched two-way satellite IoT and completed commercial rollout of the RM200M module, advanced ground station expansion and next-generation satellite design work, and issued 2026 guidance of $280–305 million revenue with ~50% Adjusted EBITDA margin.
Virewirx was awarded a Phase II $1.9M SBIR contract from the Office of the Under Secretary of War (OUSW) on February 24, 2026 to develop an advanced private 5G system for tough RF environments. Globalstar (GSAT) is the selected technology partner, supplying its XCOM RAN Private 5G platform, which a third-party benchmark said delivered uninterrupted connectivity and four times the throughput versus Wi‑Fi, DAS, and small cells.
This award advances DoD experimentation with private 5G in ships, hangars, and other challenging locations and validates XCOM RAN’s cooperative processing and self-organizing features for mission-critical use.
Globalstar (Nasdaq: GSAT) will release its fourth quarter and full year 2025 financial and operating results on Friday, February 27, 2026 before the market opens. A conference call to discuss results is scheduled for February 27, 2026 at 9:00 a.m. ET.
Investors can access the live webcast, register for teleconference participation, and listen to an audio replay available on the company website until February 27, 2027.
Globalstar (NASDAQ: GSAT) announced that Boingo Wireless will integrate XCOM RAN into its private 5G network infrastructure after a technical evaluation and trial validated reliability and spectrum flexibility.
The integration targets indoor and outdoor deployments, including overlays on existing DAS to boost capacity while preserving coverage for airports, stadiums, hospitals, and military bases.
Globalstar (NASDAQ: GSAT) announced installation of three new six‑meter C-3 tracking antennas at its Yeo Ju ground station in South Korea, strengthening service quality and redundancy for its third‑generation mobile satellite services across East Asia.
The company said these antennas are part of a global rollout that includes construction at 15 locations in nine countries on four continents and a program of up to 90 new tracking antennas to support the C‑3 Satellite System and next‑generation connectivity including IoT and D2D solutions.