Globalstar

GSAT

Market cap $7.96B

Amid macroeconomic volatility, growing global connectivity bodes well for Zacks Satellite and Communication industry participants, such as GSAT, IRDM and GILT.

Globalstar expands its C-3 network with new antennas in South Korea, boosting capacity and resilience as it reaffirms its 2025 revenue outlook.

COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announced the addition of three new six-meter C-3 tracking antennas being installed at its ground station in Yeo Ju, South Korea. For more than two decades, Globalstar has provided mobile satellite services across East Asia via its ground station located in Yeo Ju, South Korea, which has now been expanded to include three C-3 tracking antennas. The.

Globalstar got a nice hike to target price yesterday. Today the stock is tumbling -- apparently on a bad report regarding its rival AST SpaceMobile.

Greg Pendy explains the role AI plays in companies tied to earth and space sciences, along with offering bull cases for related stocks. In Planet Labs (PL), Greg likes the company's profit roadmap and proven earth mapping technology.

COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces the successful completion of a joint technology trial with Skydio, the leading U.S. drone manufacturer and world leader in autonomous flight. The companies validated compatibility between the Skydio X10 and Globalstar's licensed Band n53 spectrum, as well as Globalstar's XCOM RAN private 5G platform. Skydio and Globalstar's trial evaluated Band.

COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces significant progress towards its $2 billion pledge made to the International Telecommunication Union (ITU) Partner2Connect initiative in March 2025. The company has now surpassed more than 50 percent of its commitment, investing over $1 billion to strengthen its global satellite network and expand broadband and IoT connectivity capabilities wor.

Globalstar (GSAT) is positioned for strong growth with its XCON RAN launch, government contracts, and ongoing infrastructure expansion. GSAT reported solid Q3'25 results, driven by Wholesale Capacity Services, Commercial IoT, and robust Subscriber Equipment sales growth. Despite trading at a premium, I reiterate a Strong Buy rating for GSAT with a $69/share price target, citing future margin expansion and revenue growth.

Globalstar (GSAT) hit highs it hasn't seen since 2014 after B. Riley raised its price target on the satellite services company.

Massachusetts-based Essex Investment Management acquired 194,343 shares of Globalstar in the third quarter. The acquisition marked a new position for Essex.