Globalstar

GSAT

Market cap $10.6B

COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announced that the planned May 17 launch of its HIBLEO-4 replenishment satellites with SpaceX has been postponed to allow more time for Globalstar teams to prepare the satellites for launch. A new launch date will be shared once confirmed. The mission remains focused on replenishing Globalstar's existing low Earth orbit constellation in support of contin.

COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announced that Globalstar's HIBLEO-4 replenishment satellites will launch on a SpaceX Falcon 9 rocket on Sunday, May 17 during a 14-minute window that opens at 8:50 a.m. ET, from Cape Canaveral Space Force Station in Florida. The satellites are designed to help replenish Globalstar's existing low Earth orbit constellation, supporting continued network re.

Globalstar (GSAT) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to a loss of $0.1 per share a year ago.

COVINGTON, La.--(BUSINESS WIRE)--GLOBALSTAR ANNOUNCES FIRST QUARTER 2026 FINANCIAL RESULTS.

Globalstar (GSAT 0.17%) is suddenly at the center of a much bigger fight between Amazon and SpaceX. I break down why this reported deal matters, what makes Globalstar so strategic, and why the upside could be real if the story keeps moving in the right direction.

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In a rather surprising move, Amazon (NASDAQ:AMZN | AMZN Price Prediction) acquired satellite connectivity play Globalstar (NASDAQ:GSAT), which investors might know best for its dealings with Apple (NASDAQ:AAPL) and the SOS feature on the iPhone.

Amazon.com's blockbuster deal for Globalstar holds a few lessons for investors: The market for space companies is for real, the wireless spectrum arms race is on, and rocketing valuations will always draw competition.

GSAT surges after Amazon acquisition, positioning its spectrum and satellite assets at the core of a global direct-to-device connectivity push.

Amazon is raking in cash at the box office after sending Ryan Gosling to space with “Project Hail Mary.” Its latest space play could make a real-world satellite business into a winner, too.