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 (GSAT) received the Gold Stevie Award for Technology Innovation of the Year for its XCOM RAN private 5G solution. The recognition came in the third annual Stevie Awards for Technology Excellence, which evaluated more than 700 nominations from organizations in 37 nations and territories. More than 180 technology and business professionals judged the entries, with winners selected by average scores.
XCOM RAN is designed to support industrial automation and mobile robotics in manufacturing and logistics environments. The judges highlighted its Supercell architecture, spectrum access and server-centric Open RAN design. Winners will be honored on October 28 at the Pullman Paris Montparnasse in Paris, France.
Globalstar (NASDAQ: GSAT) received FCC authorization to operate its third-generation C-3 satellite system nationwide in the United States. The authorization allows C-3 satellites to communicate with hundreds of millions of mobile earth terminals in the country, including smartphones through direct-to-device connectivity.
Globalstar expects satellite launches to begin next year. The planned system will comprise 48 low Earth orbit satellites and 6 in-orbit spares, supported by approximately 90 six-meter ground station antennas worldwide. Satellite operations will be controlled from Toulouse, France, and Covington, Louisiana.
Globalstar (GSAT) won the Warehouse Technology Innovation of the Year award for XCOM RAN in the SupplyTech Breakthrough Awards.
XCOM RAN is a private 5G platform designed for warehouse automation, robotics and connected mobile assets. Globalstar says its software-defined architecture supports connectivity across industrial sites.
Globalstar (GSAT) has completed construction on its expanded ground station in Nemea, Greece, a key step in deploying its C-3 mobile satellite system.
The project, started in September 2025, adds three new six-meter tracking antennas to the three existing antennas, doubling the site’s ground station infrastructure. The Nemea expansion is part of a broader program targeting about 90 new tracking antennas across roughly 35 ground stations in 25 countries and territories to support Globalstar’s next-generation satellite services.
Rocket Lab (Nasdaq: RKLB) announced that eight advanced 500kg satellite platforms it built for MDA Space, prime contractor for Globalstar (Nasdaq: GSAT), have successfully reached orbit under a $143 million deal covering 17 platforms. The first eight satellites in the replenishment constellation were launched on August 15 from Cape Canaveral at 9:12 p.m. ET. Rocket Lab has established contact with all eight satellites and confirmed they are performing nominally and generating power on orbit, with spacecraft commissioning now underway to support Globalstar’s direct-to-device and IoT services.
The platforms are customized versions of Rocket Lab’s Lightning satellite platform, built and tested in Long Beach and incorporating in-house components such as solar arrays, reaction wheels, avionics elements, TT&C radios, and software. Lightning is also in production for additional missions, including U.S. Space Force and Space Development Agency constellations.
MDA Space (TSX:MDA, NYSE:MDA) and Globalstar (NASDAQ:GSAT) reported the successful launch and deployment of the first eight replenishment satellites for Globalstar’s existing low Earth orbit constellation. The satellites, developed, integrated and tested in Montréal by MDA Space, were launched on August 15, 2026 at 9:12 p.m. ET on a SpaceX Falcon 9 from Cape Canaveral.
According to MDA Space, this is the company’s first delivery of LEO satellites as a prime contractor for a commercial communications constellation and follows a major transformation in its high-volume satellite production process. The remaining nine satellites are in final integration and, once all are operational on orbit, are expected to enable Globalstar to extend the life of its constellation supporting direct-to-device and IoT services.
Globalstar (NASDAQ: GSAT) announced the successful launch and deployment of all 8 HIBLEO-4 replacement satellites aboard a SpaceX Falcon 9 rocket, with each spacecraft reaching its intended low Earth orbit plane.
Globalstar has established communications and command with all satellites, initial health checks show expected performance, and the units are now in early orbit operations ahead of commissioning and integration into the operational constellation.
Globalstar (Nasdaq: GSAT) reported second quarter 2026 revenue of $64.8 million, including $60.0 million of service revenue and $4.8 million of subscriber equipment sales. Service revenue declined 5% year over year, while equipment revenue rose 21%, driven mainly by higher Commercial IoT device sales and initial XCOM RAN systems.
Globalstar posted a $4.8 million operating loss and $26.5 million net loss in Q2 2026, with Adjusted EBITDA of $26.0 million. Year-to-date revenue reached $134.8 million, up from $127.2 million, and income from operations turned positive at $3.4 million. The company ended June 30, 2026 with $409.8 million in cash and $423.7 million of debt, continued record Commercial IoT activations, advanced next-generation satellite and ground network projects, and reported further regulatory progress on its pending merger with Amazon, including expiration of the HSR Act waiting period in July 2026.
Thermo Companies, a diversified investment firm, and Focus Automated Equities (FAE), an AI-driven trading strategy developer, announced a strategic partnership. Thermo will provide high-level strategic and technical advisory services to FAE.
The collaboration targets FAE's growth, market positioning, liquidity planning, strategic partnerships, and machine learning advancements.
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.