Globalstar Announces Upcoming HIBLEO-4 Satellite Replenishment Launch with SpaceX

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.

Business Wire • 14 hours ago

Globalstar Announces First Quarter 2026 Financial Results

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

Business Wire • May 7, 2026

Globalstar (GSAT) Reports Q1 Loss, Lags Revenue Estimates

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.

Zacks Investment Research • May 8, 2026

Massive News: This Satellite Stock Could Be Amazon's Next Big Acquision

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.

The Motley Fool • Apr 21, 2026

Deal Dispatch: Amazon Buys Globalstar, Instacart Grabs Instaleap, QVC Announces Bankruptcy

• Amazon.com shares are trending higher. What's pushing AMZN stock higher?

Benzinga • Apr 17, 2026

The Amazon-SpaceX Space Race is On. Here's What I'd Look to Buy in Response

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.

24/7 Wall Street • Apr 17, 2026

Amazon Poised For 26.5% Upside As Citizens Reiterates $315 Target Following Globalstar Deal

“Strategically, the deal accelerates Amazon's ability to offer a consumer subscription service as Globalstar has a scaled and operational direct-to-device service,” Boone noted.

Benzinga • Apr 15, 2026

Amazon's $11.6 Billion Globalstar Buy Is 'Strategic Positive' For Satellite Dominance

Jones noted the deal accelerates Amazon Leo's commercialization by adding direct-to-device capabilities and leveraging Globalstar's spectrum and infrastructure.

Benzinga • Apr 15, 2026

Globalstar Stock Jumps on Amazon Buyout: What Lies Ahead?

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

Zacks Investment Research • Apr 15, 2026

Amazon's $12B Globalstar Acquisition Paid for Itself 10x Over in One Day

Amazon.com (NASDAQ:AMZN | AMZN Price Prediction) announced it is acquiring satellite company Globalstar (NASDAQ:GSAT) for $11.6 billion, and the market delivered an immediate verdict.

24/7 Wall Street • Apr 15, 2026