NextPlat's Orbital Satcom Launches Strategic South American E-Commerce Expansion into Five Countries on Mercado Libre

Rhea-AI Summary

NextPlat (NASDAQ: NXPL) expanded Orbital Satcom into South America by launching online storefronts on Mercado Libre in Mexico, Brazil, Argentina, Chile and Colombia.

The sites offer satellite and wireless connectivity products using Globalstar, Iridium and Inmarsat, target millions of customers, and plan further country rollouts in Q2 2026.

News Market Reaction – NXPLW

-33.22%

1 alert

-33.22% News Effect

On the day this news was published, NXPLW declined 33.22%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Company Launches New Regional Storefronts in Mexico, Brazil, Argentina, Chile and Colombia with Satellite Connectivity Products from Leading Global Providers with Additional Sites Planned in 2026

HALLANDALE BEACH, Fla., Feb. 26, 2026 /PRNewswire/ -- NextPlat Corp (NASDAQ: NXPL, NXPLW) ("NextPlat" or the "Company"), a global consumer products and services company providing healthcare and technology solutions through e-commerce and retail channels worldwide, today announced a major expansion of its Orbital Satcom Corp ("Orbital Satcom") North American operations with its entry into five markets in South America through the launch of online storefronts on Mercado Libre, the largest e-commerce platform in Latin America.

Orbital Satcom's expansion on Mercado Libre comes in response to growing demand for satellite communications products across the region. The new e-commerce sites will potentially reach millions of new customers throughout Mexico, Brazil, Argentina, Chile, and Colombia, with expansion to additional South American markets planned in Q2 2026. South America is home to approximately 440 million people, encompassing diverse geographies where reliable connectivity can be limited - creating a need for satellite-enabled voice, data, tracking and safety solutions. The Company is launching the new sites with initial wireless and satellite-based connectivity products operating on leading commercial satellite networks including Globalstar, Iridium and Inmarsat.

David Phipps, CEO of NextPlat said, "Our expansion into Latin America is an important element in our strategic plans for Orbital Satcom which continues to make positive contributions to the growth of our connectivity business, creating a strong foundation for additional expansion. In the months ahead, we look forward to expanding our presence throughout Latin America, adding new e-commerce sites in additional markets as we seek to serve the serving millions of potential new customers throughout the region who are seeking reliable and dependable communications and connectivity solutions."

For more information about NextPlat, please visit www.NextPlat.com and connect with us on Facebook, LinkedIn and X.

About NextPlat Corp
NextPlat is a global consumer products and services company providing healthcare and technology solutions through e-Commerce and retail channels worldwide. Through acquisitions, joint ventures, and collaborations, the Company seeks to assist businesses in selling their goods online, domestically, and internationally, allowing customers and partners to optimize their e-Commerce presence and revenue. NextPlat currently operates an e-Commerce communications division offering voice, data, tracking, and IoT products and services worldwide as well as pharmacy and healthcare data management services in the United States through its subsidiary, Progressive Care.

Forward-Looking Statements
Certain statements in this release constitute forward-looking statements. These statements include the capabilities and success of the Company's business and any of its products, services or solutions. The words "believe," "forecast," "project," "intend," "expect," "plan," "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors, including the Company's ability to launch additional international e-commerce sites and capabilities for consumers and its ability to grow and expand as intended, any of which could cause the Company to not achieve some or all of its goals or the Company's previously reported actual results, performance (finance or operating), including those expressed or implied by such forward-looking statements. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the Securities and Exchange Commission (the "SEC"), copies of which may be obtained from the SEC's website at www.sec.gov. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release.

Media and Investor Contact for NextPlat Corp:
Michael Glickman
MWGCO, Inc.
917-397-2272
mike@mwgco.net

View original content to download multimedia:https://www.prnewswire.com/news-releases/nextplats-orbital-satcom-launches-strategic-south-american-e-commerce-expansion-into-five-countries-on-mercado-libre-302698393.html

SOURCE NextPlat Corp.

FAQ

What did NextPlat (NXPL) announce about Orbital Satcom on February 26, 2026?

NextPlat announced Orbital Satcom launched Mercado Libre storefronts in five South American countries. According to the company, the rollout covers Mexico, Brazil, Argentina, Chile and Colombia and aims to reach millions with satellite-enabled voice, data, tracking and safety products.

Which satellite networks does NXPL say Orbital Satcom products will use in South America?

Orbital Satcom products will operate on Globalstar, Iridium and Inmarsat commercial networks. According to the company, initial listings include wireless and satellite-based connectivity items leveraging those leading global providers for regional coverage.

How many South American markets did NXPL launch on Mercado Libre and are more planned?

NextPlat launched storefronts in five South American markets and plans additional rollouts in Q2 2026. According to the company, further e-commerce sites across the region are scheduled in the months ahead to expand reach.

What customer need is NextPlat targeting with the NXPL Orbital Satcom Mercado Libre expansion?

NextPlat is targeting demand for reliable connectivity in diverse geographies with limited options. According to the company, South America's ~440 million people create a market need for satellite-enabled voice, data, tracking and safety solutions.

How will the Mercado Libre listings affect NXPL's market reach for Orbital Satcom products?

Listing on Mercado Libre potentially opens millions of new customers across Latin America for Orbital Satcom. According to the company, the platform is Latin America's largest e-commerce marketplace and supports broader regional distribution plans.