Globalstar Reaches Key Milestone in $2 Billion ITU Pledge, Completing Over Half of Its Commitment to Advance Global Connectivity

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.

Business Wire • Nov 18, 2025

Globalstar: When The Stars Align After Years Of Capital Deployment

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.

Seeking Alpha • Nov 12, 2025

Overlooked Stock: GSAT 11-Year High

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

Essex Investment Buys $7.1 Million Globalstar Stake as Revenue Hits Record High

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

The Motley Fool • Nov 9, 2025

Globalstar, Inc. (GSAT) Q3 2025 Earnings Call Transcript

Globalstar, Inc. ( GSAT ) Q3 2025 Earnings Call November 6, 2025 5:00 PM EST Company Participants Rebecca Clary - VP & CFO Paul Jacobs - CEO & Director Conference Call Participants Michael Crawford - B. Riley Securities, Inc., Research Division Gregory R.

Seeking Alpha • Nov 7, 2025

Globalstar Announces Third Quarter 2025 Financial Results

COVINGTON, La.--(BUSINESS WIRE)--GLOBALSTAR ANNOUNCES THIRD QUARTER 2025 FINANCIAL RESULTS.

Business Wire • Nov 6, 2025

Globalstar (GSAT) Reports Q3 Loss, Tops Revenue Estimates

Globalstar (GSAT) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to break-even earnings per share a year ago.

Zacks Investment Research • Nov 7, 2025

Globalstar to Report Q3 Earnings: How to Approach the Stock Now?

GSAT's third-quarter results arrive Nov. 6 as investors weigh strong IoT and defense traction against rising costs and a lofty valuation.

Zacks Investment Research • Nov 4, 2025

Globalstar Announces Major Expansion of Ground Infrastructure Across Brazil, with Eight New C-3 Antennas Being Installed at Four Separate Locations

COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider today announced the addition of eight new six-meter C-3 tracking antennas being installed at its ground stations across Brazil. For more than two decades, Globalstar has provided mobile satellite services across Brazil via ground stations located in Manaus, Petrolina, and Presidente Prudente. Each of these Globalstar-owned ground stations are being expand.

Business Wire • Nov 4, 2025

Globalstar draws SpaceX interest in sale process, Bloomberg News reports

Globalstar is exploring a potential sale and has held early discussions with Elon Musk's SpaceX among other prospective buyers, Bloomberg News reported on Thursday, citing people familiar with the matter

Reuters • Oct 30, 2025