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Globalstar Stock Price, News & Analysis

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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. (NASDAQ: GSAT) is a global telecommunications provider that regularly issues news on its satellite and terrestrial connectivity business. The company operates a low Earth orbit (LEO) satellite constellation and holds licensed Band 53/n53 spectrum, and its news flow reflects developments across mobile satellite services, IoT solutions, and private network offerings.

Recent Globalstar announcements have focused on expansion of its ground infrastructure and progress on its third-generation C-3 Satellite System. The company has reported new and expanded ground stations in regions such as Brazil, South Korea, and Alaska, adding multiple C-3 tracking antennas to support mobile satellite services, IoT connectivity, and device-to-device (D2D) solutions across large geographic areas.

News items also highlight Globalstar’s investment program to expand its space and ground network, including commissioning new replacement satellites and advancing initiatives tied to international connectivity pledges. Updates on the HIBLEO XL-1 satellite system filing and broader C-3 buildout provide insight into how the company is preparing for higher-capacity and more resilient satellite services.

In addition, Globalstar’s news coverage includes product and technology developments such as the commercial rollout of the RM200M two-way satellite IoT module and the evolution of its XCOM RAN private 5G platform. The company has reported collaborations and trials with partners in areas like autonomous drones, warehouse automation, and multi-network IoT connectivity, demonstrating how its spectrum and private network solutions are being applied in real-world use cases.

Investors and observers can use the GSAT news page on Stock Titan to follow earnings releases, infrastructure expansion updates, product launches, and partnership announcements, providing a consolidated view of Globalstar’s operational and strategic developments over time.

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Globalstar (NASDAQ: GSAT) has signed a launch services agreement with SpaceX for launching nine replacement satellites using a Falcon 9 rocket. The launch, scheduled for next year, follows the company's 2022 satellite procurement agreement with MDA (Macdonald, Dettwiler and Associates Corporation).

The satellites, constructed by MDA and Rocket Lab, will operate under Globalstar's HIBLEO-4 filing with a renewed 15-year term authorization from the Federal Communications Commission. These new satellites will work alongside existing second-generation satellites to ensure continuous telecommunications services.

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Globalstar (NASDAQ: GSAT) has announced the successful installation of Clifton-8, the first 6-meter tracking antenna for its upcoming C-3 mobile satellite system at its Clifton, Texas ground station. This marks the beginning of a significant infrastructure expansion project that will involve installing over 90 new antennas across approximately 35 ground stations in 25 countries.

The Clifton station, which has been operational for over two decades, serves the continental U.S., Mexico, and Canada. Clifton-8 is the eighth tracking antenna at this location and the first of five new antennas planned to support the C-3 system. This installation represents the initial phase of Globalstar's Extended MSS Network development, aimed at enhancing the company's satellite connectivity capabilities.

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Globalstar (NASDAQ: GSAT) announces its continued partnership with CERES TAG to provide satellite connectivity for livestock monitoring amid the New World Screwworm outbreak in Mexico. The partnership combines CERES TAG's smart ear tags for real-time animal tracking with Globalstar's satellite network to ensure uninterrupted connectivity in remote areas.

The threat of New World Screwworm has led to border closures for live animal imports, with potential economic losses in the hundreds of millions. CERES TAG has secured agreements with MWI Health and Animal Health International, committing to a minimum of 30,000 units to Globalstar for the remainder of the year.

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Globalstar (GSAT) announces expanded collaboration with Technosylva to enhance wildfire response and firefighter safety through satellite-powered solutions. The partnership features continued deployment with INFOCA, Andalusia's regional fire authority, integrating Globalstar's SPOT satellite devices with Technosylva's Wildfire Analyst and fiResponse platforms. The integration provides real-time tracking, emergency signaling, and situational awareness for firefighters in remote areas. INFOCA has deployed 550 SPOT Gen3 devices since 2020, while the technology has proven successful across Spain, U.S., Canada, and Latin America. The solution combines fire behavior modeling with advanced communications to improve firefighter safety and operational decision-making, with major U.S. agencies in Texas and Georgia utilizing the system's predictive analysis capabilities.
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Globalstar (NASDAQ: GSAT) announced that the FCC Space Bureau has accepted and published its C-3 System petition for filing and comment on May 30, 2025. This regulatory milestone represents a step forward in Globalstar's application process to expand and enhance its Mobile Satellite Services network. The acceptance for filing by the FCC Space Bureau marks a procedural advancement in the regulatory review process for Globalstar's telecommunications infrastructure development plans.
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Globalstar (NASDAQ: GSAT) reported Q1 2025 financial results with revenue increasing 6% to $60.0 million, driven by wholesale capacity services. The company posted a net loss of $17.3 million and Adjusted EBITDA of $30.4 million, up from $29.6 million in Q1 2024. Key highlights include the launch of a two-way satellite IoT solution and a new Satellite Operations Control Center. Management reiterated 2025 guidance with revenue expected between $260-285 million and Adjusted EBITDA margin of ~50%. The company ended Q1 with $241.4 million in cash, down from $391.2 million in Q4 2024, primarily due to capital expenditures. Notable appointments include Dr. Tamer Kadous as VP & GM of Terrestrial Spectrum and Daaman Hejmadi as VP & GM of Wholesale Satellite Capacity.
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Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, has announced its participation in five major investor conferences throughout May and June 2025. CEO Paul Jacobs will lead a fireside chat at the B. Riley Conference on May 21. The company will also attend the Craig Hallum, TD Cowen, Wolfe Research, and Jefferies Space Summit conferences, offering one-on-one and group meetings with investors. Two of these events will be held virtually, while others will take place in Marina Del Rey, Minneapolis, and New York.

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Globalstar (NASDAQ: GSAT) has announced it will release its Q1 2025 financial and operating results on Thursday, May 8, 2025, after market close. The company will host a conference call the same day at 5:00 p.m. Eastern Time to discuss the results. Investors can access the earnings call via webcast or teleconference, with registration required for the latter. For those unable to attend live, a replay will be available in the Investor Relations section of Globalstar's website until May 8, 2026.
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Globalstar (NASDAQ: GSAT) has announced two key appointments to lead its business divisions. Dr. Tamer Kadous will head the terrestrial spectrum and network solutions business as Vice President and General Manager, bringing over 20 years of wireless communications experience from XCOM Labs and Qualcomm.

Daaman Hejmadi joins as Vice President and General Manager of the wholesale satellite capacity business. At Qualcomm, he transformed the Bangalore design center, contributing to $12 billion in revenue, and at Intel, he managed 10,000 engineers across 30+ sites, generating approximately $10 billion in revenue.

The terrestrial spectrum division focuses on private wireless network solutions using XCOM RAN and Band n53 assets, while the wholesale satellite capacity business aims to expand consumer access through strategic partnerships.

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Globalstar (Nasdaq: GSAT) has unveiled its new state-of-the-art Satellite Operations Control Center (SOCC) at its headquarters in Covington, Louisiana on March 17. The facility represents a strategic expansion of the company's operational capabilities in satellite fleet management and network performance.

The grand opening ceremony was attended by notable figures including House Majority Leader Steve Scalise and FCC Chairman Brendan Carr. The event showcased local Louisiana culture with live music and regional cuisine.

The company, headquartered in Covington since 2010, maintains over 60% local employment and plans to create 75 new positions from Louisiana by year-end. According to CEO Dr. Paul E. Jacobs, this expansion reinforces Globalstar's commitment to delivering innovative satellite communications solutions while contributing to the local workforce and regional economy.

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FAQ

What is the current stock price of Globalstar (GSAT)?

The current stock price of Globalstar (GSAT) is $82.3 as of April 30, 2026.

What is the market cap of Globalstar (GSAT)?

The market cap of Globalstar (GSAT) is approximately 10.4B.