GSAT Stock Recent News

Globalstar is expanding its satellite constellations for two-way communications, broadband and voice capabilities. Globalstar raised a significant amount of capital through the sale of equity in its SPE, providing the firm with upfront payments to allocate to develop its new satellite constellation. With the 3rd party investments, Globalstar may not need to raise additional capital through the debt and equity markets, providing a stronger investment case for potential shareholders.

COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (Nasdaq: GSAT) (“Globalstar” or the “Company”), a next-generation telecommunications infrastructure and technology provider, today announced two new leaders for its terrestrial spectrum and network solutions and wholesale satellite capacity businesses. The terrestrial spectrum and network solutions business aims to deliver transformative, innovative private wireless network solutions enabled by Globalstar's XCOM RAN and Band n53 assets. The whol.

GSAT unveils its state-of-the-art SOCC, expanding operations and driving next-generation satellite and connectivity solutions.

COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc., (Nasdaq: GSAT) (“Globalstar” or the “Company”), a next-generation telecommunications infrastructure and technology provider, announces the grand opening of its state-of-the-art Satellite Operations Control Center (“SOCC”) at its headquarters in Covington, La., on March 17. This milestone marks a significant expansion of Globalstar's operational capabilities and reinforces the Company's strategic growth as it advances next-generation satellite a.

On Feb. 27, satellite communications company Globalstar (GSAT 1.27%) reported the end of its best revenue year ever. If you didn't notice, though, don't feel bad.

Globalstar collaborates with GCT to transform two-way satellite messaging systems with advanced IoT, 4G and 5G solutions.

Globalstar Q4 revenues beat expectations and increase year over year, driven by growth in service revenues. For 2025, it expects revenues of $260-$285 million.

Globalstar, Inc. (NASDAQ:GSAT ) Q4 2024 Earnings Conference Call February 27, 2025 5:00 PM ET Company Participants Rebecca Clary - VP & CFO Paul Jacobs - CEO & Director Conference Call Participants Mike Crawford - B. Riley Securities Simon Flannery - Morgan Stanley Walter Piecyk - LightShed Partners Chris Quilty - Quilty Space Lyman Delano - Beck, Mack & Oliver George Sutton - Craig-Hallum Operator Good day, and thank you for standing by.

COVINGTON, La.--(BUSINESS WIRE)--Globalstar Announces 2024 Financial Results.

GSAT's RM200M module is the first satellite module to feature integrated GNSS, Bluetooth, an accelerometer and an application processor.