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    Subscribe to $GSAT

    Globalstar Inc.

    Subscribe to $GSAT
    $GSAT
    Telecommunications Equipment
    Consumer Discretionary

    Globalstar, Inc. provides mobile satellite services worldwide. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications; fixed voice and data satellite communications services and equipment at industrial, commercial, and residential sites, as well as rural villages and ships; and data modem services and equipment. It also provides SPOT consumer retail products, such as SPOT satellite GPS messenger for personal tracking, emergency location, and messaging solutions; and SPOT Trace, an anti-theft and asset tracking device. In addition, the company offers commercial Internet of Things one-way transmission products to track cargo containers and rail cars, as well as to monitor utility meters, and oil and gas assets. Further, it sells wholesale minutes to independent gateway operators (IGOs); and provides engineering services, such as hardware and software designs to develop specific applications; and installation of gateways and antennas. The company distributes its products directly, as well as through independent agents, dealers and resellers, retailers, IGOs, and sales force and e-commerce Website. As of December 31, 2020, it had approximately 745,000 subscribers. The company primarily serves recreation and personal, government, public safety and disaster relief, oil and gas, maritime and fishing, construction, utilities, and transportation, as well as natural resources, mining, and forestry markets. Globalstar, Inc. has a strategic alliance with XCOM Labs to jointly commercialize XCOM's capacity-multiplying technology with Globalstar's Band n53 for 5G deployments in the United States and other countries where Globalstar has terrestrial rights. The company was founded in 1993 and is headquartered in Covington, Louisiana.

    IPO Year: 2025

    Exchange: AMEX

    Website: globalstar.com

    Recent Analyst Ratings for Globalstar Inc.

    DatePrice TargetRatingAnalyst
    8/4/2023$7.79Outperform
    Imperial Capital
    5/3/2023$1.75 → $0.97Underweight → Equal-Weight
    Morgan Stanley
    10/31/2022$5.00Buy
    Craig Hallum
    See more ratings

    Globalstar Inc. Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

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    • Director Monroe James Iii bought $933,890 worth of Voting Common Stock (50,000 units at $18.68) (SEC Form 4)

      4 - Globalstar, Inc. (0001366868) (Issuer)

      5/19/25 9:56:11 AM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Director Monroe James Iii bought $469,325 worth of Voting Common Stock (25,000 units at $18.77) (SEC Form 4)

      4 - Globalstar, Inc. (0001366868) (Issuer)

      5/14/25 5:35:25 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Director Monroe James Iii bought $928,035 worth of Voting Common Stock (50,000 units at $18.56) (SEC Form 4)

      4 - Globalstar, Inc. (0001366868) (Issuer)

      5/12/25 5:43:37 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Director Monroe James Iii bought $4,718,976 worth of Voting Common Stock (209,546 units at $22.52) (SEC Form 4)

      4 - Globalstar, Inc. (0001366868) (Issuer)

      3/28/25 5:30:25 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Director Monroe James Iii bought $1,115,620 worth of Voting Common Stock (50,000 units at $22.31) (SEC Form 4)

      4 - Globalstar, Inc. (0001366868) (Issuer)

      3/24/25 9:13:25 AM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Director Monroe James Iii bought $545,780 worth of Voting Common Stock (25,000 units at $21.83) (SEC Form 4)

      4 - Globalstar, Inc. (0001366868) (Issuer)

      3/20/25 6:05:41 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Director Monroe James Iii bought $542,760 worth of Voting Common Stock (25,000 units at $21.71) (SEC Form 4)

      4 - Globalstar, Inc. (0001366868) (Issuer)

      3/19/25 4:28:56 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Director Monroe James Iii bought $519,990 worth of Voting Common Stock (25,000 units at $20.80) (SEC Form 4)

      4 - Globalstar, Inc. (0001366868) (Issuer)

      3/18/25 5:37:39 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Director Monroe James Iii bought $3,177,250 worth of Voting Common Stock (1,500,000 units at $2.12) (SEC Form 4)

      4 - Globalstar, Inc. (0001366868) (Issuer)

      12/30/24 9:25:31 AM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Director Monroe James Iii bought $1,943,750 worth of Voting Common Stock (1,000,000 units at $1.94) (SEC Form 4)

      4 - Globalstar, Inc. (0001366868) (Issuer)

      12/26/24 9:25:15 AM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary

    Globalstar Inc. Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

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    • Imperial Capital initiated coverage on Globalstar with a new price target

      Imperial Capital initiated coverage of Globalstar with a rating of Outperform and set a new price target of $7.79

      8/4/23 7:42:40 AM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Globalstar upgraded by Morgan Stanley with a new price target

      Morgan Stanley upgraded Globalstar from Underweight to Equal-Weight and set a new price target of $0.97 from $1.75 previously

      5/3/23 6:54:42 AM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Craig Hallum initiated coverage on Globalstar with a new price target

      Craig Hallum initiated coverage of Globalstar with a rating of Buy and set a new price target of $5.00

      10/31/22 9:32:30 AM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • B. Riley Securities initiated coverage on Globalstar with a new price target

      B. Riley Securities initiated coverage of Globalstar with a rating of Buy and set a new price target of $3.25

      6/21/21 6:08:07 AM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Globalstar downgraded by Morgan Stanley

      Morgan Stanley downgraded Globalstar from Equal-Weight to Underweight and set a new price target of $1

      1/22/21 5:59:28 AM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary

    Globalstar Inc. Press Releases

    Fastest customizable press release news feed in the world

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    • Globalstar Begins Major Expansion of Ground Station in Bihoro, Japan to Accommodate Third-Generation C-3 Constellation

      Strategic land acquisition paves way for expansion in Japan – part of global infrastructure buildout expected to include over 90 additional tracking antennas to support Globalstar's third-generation C-3 satellite system Globalstar (NASDAQ:GSAT), a next-generation telecommunications infrastructure and technology provider, today announces construction commencement of additional gateway infrastructure at its existing ground station in Bihoro, Japan. This strategic expansion begins the rapid growth of Globalstar's mobile satellite services throughout Asia, including additional infrastructure in multiple locations required to support its third-generation C-3 mobile satellite system. Globalst

      7/17/25 9:16:00 AM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Globalstar Enters Cooperative R&D with U.S. Army to Evaluate Edge Processing through Low Probability of Intercept and Detection Systems for Covert Sensing

      Globalstar (NASDAQ:GSAT), a next-generation telecommunications infrastructure and technology provider, announces a Cooperative Research and Development Agreement (CRADA) with the United States Army. Under the agreement, Globalstar will collaborate with Army research and development teams to evaluate the performance of its advanced satellite data solutions for the Department of Defense including low probability of intercept/low probability of detect (LPI/LPD) communications for covert sensing, unmanned systems, congested logistics tracking, and tagging/tracking/locating (TTL) applications across various mission-aligned use cases. The primary focus of the CRADA is to assess Globalstar's ult

      7/15/25 9:16:00 AM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Globalstar and Telecom CLM Sign Agreement to Expand Alcazar Teleport in Continuation of Third-Generation C-3 Constellation Providing Mobile Satellite Coverage Throughout the European Region

      Globalstar's mobile satellite system maintained coverage across Spain and Portugal during recent power outage Globalstar, Inc. (NASDAQ:GSAT), a next-generation telecommunications infrastructure and technology provider, today announces the execution of definitive agreements with Telecom Castilla-La Mancha, S.A. ("Telecom CLM") to expand the Alcazar Teleport in Castilla La Mancha, Spain, with additional ground station antennas and associated infrastructure. These further investments will support Globalstar's launch and operation of its previously announced third-generation mobile satellite services network, the C-3 System. With today's announced expansion, Globalstar will effectively doub

      7/10/25 9:16:00 AM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Globalstar Signs Launch Services Agreement with SpaceX

      Agreement provides for the launch of the remaining nine replacement satellites under construction by Macdonald, Dettwiler and Associates Corporation ("MDA") Globalstar, Inc. (NASDAQ:GSAT), a next-generation telecommunications infrastructure and technology provider, today announces that the Company has signed an agreement with SpaceX for a Falcon 9 launch for the next set of satellites, pursuant to the 2022 satellite procurement agreement with MDA. As previously disclosed, these satellites will provide continuous satellite services in combination with the existing second-generation satellites in operation today. Globalstar expects the launch will take place next year following the initial

      7/7/25 9:16:00 AM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Globalstar Kicks Off Global Expansion with the First C-3 Tracking Antenna Supporting its New Constellation and Installed at Clifton, Texas Ground Station

      Represents the first of approximately 90 new antennas to be deployed across approximately 35 ground stations worldwide Globalstar, Inc. (NASDAQ:GSAT), a next-generation telecommunications infrastructure and technology provider, today announces the successful installation of Clifton-8, the first 6-meter tracking antenna dedicated to its upcoming C-3 mobile satellite system, officially kicking off a sweeping global expansion of Globalstar's ground infrastructure related to the new Extended MSS Network. The inaugural installation at the Company's largest and longest-operating ground station in Clifton, Texas, marks the beginning of a months-long process to install more than 90 new antennas

      6/30/25 2:28:00 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Vicarious Surgical Announces Election of New Directors

      Vicarious Surgical Inc. (NYSE:RBOT, RBOT WS)) (the "Company"), a next-generation robotics technology company seeking to improve lives by transforming robotic surgery, today announced the election of Fuad Ahmad and Joseph Doherty to the Vicarious Surgical Board of Directors at the Company's 2025 Annual Meeting of Stockholders held on June 27, 2025. The Company also announced the departure of Ric Fulop from the Vicarious Surgical Board of Directors effective as of the Annual Meeting. "On behalf of the board, I am thrilled to welcome Fuad and Joseph to the Vicarious team. Their decades of experience and insight will be instrumental as we continue our advance towards our clinical trial and th

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      Biotechnology: Electromedical & Electrotherapeutic Apparatus
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    • Globalstar and CERES TAG Partnership Support Livestock Industry Amid New World Screwworm Threat

      Globalstar (NASDAQ:GSAT), a next-generation telecommunications infrastructure and technology provider, announces its continued partnership of delivering critical global connectivity for the agricultural technology solutions developed by CERES TAG, the world's leading animal health intelligence platform, as it prepares its readiness in the event of an outbreak of the New World Screwworm. As the livestock industry in Mexico grapples with the recent outbreak of this vector-borne disease, the powerful partnership between Globalstar and CERES TAG is critical in helping producers and authorities to act quickly and contain the spread of the disease. The outbreak, which has led to the recent bo

      6/24/25 9:17:00 AM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Globalstar and Technosylva Support Global Wildfire Response and Firefighter Safety With Satellite-Powered Digital Solutions

      Globalstar (NASDAQ:GSAT), a next-generation telecommunications infrastructure and technology provider, announces the continued global expansion of its collaboration with Technosylva, the leading provider of wildfire and extreme weather modeling and risk management. Technosylva's integrated fire behavior modeling and incident management platforms are used by fire agencies across North America, Latin America, and Europe. The latest milestone in this partnership includes a continued deployment with INFOCA, Andalusia's regional fire authority, and one of Europe's largest emergency response organizations. Through Technosylva's Wildfire Analyst™ and fiResponse™ platforms, powered in the field b

      6/19/25 9:16:00 AM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • The Federal Communications Commission (FCC) Space Bureau Accepts for Filing Globalstar's C-3 Petition for Advancing Mobile Satellite Services Network Expansion

      Globalstar (NASDAQ:GSAT), a next-generation telecommunications infrastructure and technology provider, announced that on Friday, May 30, 2025, the Federal Communications Space Bureau accepted Globalstar's C-3 System petition for filing and published it for comment. Globalstar expresses its appreciation to the Commission for taking meaningful steps to advance the company's application to expand and evolve its Mobile Satellite Services network. About Globalstar, Inc. Globalstar empowers its customers to connect, transmit, and communicate smarter – easily, quickly, securely, and affordably – offering reliable satellite and terrestrial connectivity services as an international telecom inf

      6/2/25 10:37:00 AM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Globalstar Announces First Quarter 2025 Financial Results

      First quarter 2025 revenue increased 6% to $60.0 million, driven by strength in wholesale capacity services Announced launch of two-way satellite commercial IoT solution with mass production expected in the second quarter of 2025 Introduced new state-of-the-art Satellite Operations Control Center (SOCC) at Globalstar's headquarters Globalstar, Inc. (NASDAQ:GSAT) ("Globalstar" or the "Company") today announced its financial results for the first quarter ended March 31, 2025. "Our first quarter results are in-line with our expectations with revenue increasing 6% to $60.0 million. Net loss for the quarter was $17.3 million, driven predominantly by non-cash items. Adjusted EBITDA* was $

      5/8/25 4:15:00 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary

    Globalstar Inc. Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

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    • Director Monroe James Iii bought $933,890 worth of Voting Common Stock (50,000 units at $18.68) (SEC Form 4)

      4 - Globalstar, Inc. (0001366868) (Issuer)

      5/19/25 9:56:11 AM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Amendment: SEC Form 4 filed by Director Monroe James Iii

      4/A - Globalstar, Inc. (0001366868) (Issuer)

      5/14/25 6:12:32 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Director Monroe James Iii bought $469,325 worth of Voting Common Stock (25,000 units at $18.77) (SEC Form 4)

      4 - Globalstar, Inc. (0001366868) (Issuer)

      5/14/25 5:35:25 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Director Monroe James Iii bought $928,035 worth of Voting Common Stock (50,000 units at $18.56) (SEC Form 4)

      4 - Globalstar, Inc. (0001366868) (Issuer)

      5/12/25 5:43:37 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Director Hasler William A was granted 3,333 units of Voting Common Stock, increasing direct ownership by 6% to 61,433 units (SEC Form 4)

      4 - Globalstar, Inc. (0001366868) (Issuer)

      5/12/25 5:42:31 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Director Wolff Benjamin G was granted 3,333 units of Voting Common Stock, increasing direct ownership by 6% to 56,714 units (SEC Form 4)

      4 - Globalstar, Inc. (0001366868) (Issuer)

      5/12/25 5:41:16 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • VP, Finance & Operations Taylor Timothy Evan was granted 3,333 units of Voting Common Stock, increasing direct ownership by 1% to 247,233 units (SEC Form 4)

      4 - Globalstar, Inc. (0001366868) (Issuer)

      5/12/25 5:39:50 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Director Cowan Keith O was granted 3,333 units of Voting Common Stock, increasing direct ownership by 6% to 57,633 units (SEC Form 4)

      4 - Globalstar, Inc. (0001366868) (Issuer)

      5/12/25 5:38:18 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Director Monroe James Iii bought $4,718,976 worth of Voting Common Stock (209,546 units at $22.52) (SEC Form 4)

      4 - Globalstar, Inc. (0001366868) (Issuer)

      3/28/25 5:30:25 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Chief Executive Officer Jacobs Paul E sold $4,718,976 worth of Voting Common Stock (209,546 units at $22.52) (SEC Form 4)

      4 - Globalstar, Inc. (0001366868) (Issuer)

      3/28/25 5:29:41 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary

    Globalstar Inc. SEC Filings

    See more
    • SEC Form SD filed by Globalstar Inc.

      SD - Globalstar, Inc. (0001366868) (Filer)

      5/30/25 7:36:22 AM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Globalstar Inc. filed SEC Form 8-K: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits

      8-K - Globalstar, Inc. (0001366868) (Filer)

      5/21/25 7:09:16 AM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • SEC Form 10-Q filed by Globalstar Inc.

      10-Q - Globalstar, Inc. (0001366868) (Filer)

      5/8/25 5:19:00 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Globalstar Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - Globalstar, Inc. (0001366868) (Filer)

      5/8/25 4:13:15 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • SEC Form DEFA14A filed by Globalstar Inc.

      DEFA14A - Globalstar, Inc. (0001366868) (Filer)

      4/9/25 4:13:06 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • SEC Form DEF 14A filed by Globalstar Inc.

      DEF 14A - Globalstar, Inc. (0001366868) (Filer)

      4/9/25 4:11:25 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • SEC Form PRE 14A filed by Globalstar Inc.

      PRE 14A - Globalstar, Inc. (0001366868) (Filer)

      3/28/25 4:33:43 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • SEC Form 144 filed by Globalstar Inc.

      144 - Globalstar, Inc. (0001366868) (Subject)

      3/12/25 5:29:31 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • SEC Form EFFECT filed by Globalstar Inc.

      EFFECT - Globalstar, Inc. (0001366868) (Filer)

      3/4/25 12:15:03 AM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • SEC Form POS AM filed by Globalstar Inc.

      POS AM - Globalstar, Inc. (0001366868) (Filer)

      2/28/25 4:49:05 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary

    Globalstar Inc. Leadership Updates

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    • Comtech Appoints David B. Kagan to its Board of Directors

      February 18, 2025-- Comtech Telecommunications Corp. (NASDAQ:CMTL) ("Comtech" or the "Company"), a global communications technology leader, today announced that the Comtech Board of Directors (the "Board") has appointed David (Dave) B. Kagan as an independent director to the Board, effective February 13, 2025. Mr. Kagan has deep experience leading satellite communications companies over the course of his career, which spans more than 35 years. Most recently, he served as CEO of Globalstar, where he drove significant top and bottom line improvements. He also expanded Globalstar's services beyond the legacy of one-way messaging and GPS to focus on satellite IoT and was a key contributor in s

      2/18/25 4:30:00 PM ET
      $CMTL
      $GSAT
      $KVHI
      Radio And Television Broadcasting And Communications Equipment
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      Telecommunications Equipment
      Consumer Discretionary
    • Liquid Intelligent Technologies and Globalstar Partner to Deliver High-speed 5G Access Solutions Across Africa, the Middle East, and the Gulf

      Liquid Intelligent Technologies (Liquid), a business of Cassava Technologies, a leading technology group, is pleased to announce a strategic partnership with American connectivity innovator Globalstar to deliver advanced 5G connectivity solutions across Africa, the Middle East, and the Gulf. Strive Masiyiwa, founder and Chairman of Liquid Intelligent Technologies said, "I'm really excited by the connectivity solutions now emerging from breakthroughs in 5G private networks technologies. With this technology we are now able to provide services to large businesses like mines with their own 5G private networks that can also enable NextGen services like AI; this is huge." The partnership wil

      8/21/24 9:23:00 AM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Sarcos Appoints Laura Peterson as President and Chief Executive Officer

      Ben Wolff Re-joins Executive Team as Executive Vice Chairman Sarcos Technology and Robotics Corporation ("Sarcos") (NASDAQ:STRC), a technology leader in advanced robotic systems, solutions, and software that redefine human possibilities, today announced that the Company's interim President and Chief Executive Officer, Laura Peterson, has been appointed to serve as the Company's permanent President and Chief Executive Officer. The Company also announced that Sarcos co-founder, current director and former Chief Executive Officer, Ben Wolff, has re-joined the executive team as Executive Vice Chairman. Peterson has served as interim President and Chief Executive Officer since May 2023 and h

      10/25/23 9:01:00 AM ET
      $ATSG
      $GSAT
      $STRC
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      Consumer Discretionary
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    • Globalstar Appoints Dr. Paul Jacobs as Chief Executive Officer; Announces Agreement to License XCOM Labs Technology

      Paul E. Jacobs, Ph.D., founder of XCOM Labs and former CEO and Executive Chairman of Qualcomm, has become CEO of Globalstar Matt Grob, Chief Technology Officer of XCOM and former CTO of Qualcomm, has also joined Globalstar as Chief Technology Officer; Grob and other key XCOM technologists are expected to drive Globalstar's innovation in new and ongoing initiatives across both the satellite and terrestrial areas of the business Globalstar has exclusively licensed XCOM Labs' technology to enhance its terrestrial wireless efforts, with the goal of accelerating and expanding its ability to develop commercial applications and enter a broader range of end markets Globalstar, Inc. (NYSE:

      8/29/23 8:00:00 AM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • KVH Industries Names Brent Bruun President, Chief Executive Officer, and Director

      MIDDLETOWN, R.I., June 22, 2022 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (NASDAQ:KVHI), today announced that its Board of Directors (the "Board") has appointed Brent C. Bruun as President and Chief Executive Officer and a member of the Board. The Board also appointed two seasoned industry executives, David Kagan and David Tolley, as directors of KVH. Mr. Bruun has served as KVH's Interim President and Chief Executive Officer since March 2022. He first joined KVH in 2008 and played a critical role in the growth of the Company's industry-leading mobile connectivity business. Cathy-Ann Martine-Dolecki, Chair of the Board, commented, "We would like to congratulate Brent on his appoi

      6/22/22 7:00:00 AM ET
      $GSAT
      $KVHI
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    • Globalstar Appoints Telecom Leader Dave Haight to Drive IoT Growth

      Globalstar, Inc. (NYSE:GSAT) today announced Dave Haight has joined Globalstar as vice president of IoT. Haight is a prominent telecom and IoT industry leader, with extensive experience driving network connectivity growth and developing impactful strategies to build partner channels and strategic relationships in IoT. Haight joins Globalstar after his success developing the IoT business at AT&T as well as other companies. He served as vice president of business development for AT&T's Mobility Emerging Devices Organization, where he initiated and grew the organization into AT&T's current IoT business. This appointment further solidifies Globalstar's commitment to expansion within the IoT in

      3/8/22 8:30:00 AM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    •  Globalstar Announces Senior Leadership Changes for Increased Focus in Commercial IoT

      COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT) (“Globalstar” or the “Company”) today announced a series of senior leadership and organizational changes to drive growth within the Commercial IoT sector. Amongst these changes, Globalstar has appointed Jim Mandala to the role of Vice President of Commercial IoT Sales with global responsibilities. Mandala has been with Globalstar for 15 years, and previously held the Vice President General Manager title overseeing sales in Canada and Europe, in addition to restructuring business operations in Africa. In his new role, Mandala will lead the partnership and sales efforts driving Globalstar’s Commercial IoT busi

      1/25/21 4:30:00 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary

    Globalstar Inc. Large Ownership Changes

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    • SEC Form SC 13D/A filed by Globalstar Inc. (Amendment)

      SC 13D/A - Globalstar, Inc. (0001366868) (Subject)

      9/12/22 6:03:42 AM ET
      $GSAT
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      Consumer Discretionary
    • SEC Form SC 13D/A filed by Globalstar Inc. (Amendment)

      SC 13D/A - Globalstar, Inc. (0001366868) (Subject)

      9/7/22 4:35:51 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • SEC Form SC 13G/A filed by Globalstar Inc. (Amendment)

      SC 13G/A - Globalstar, Inc. (0001366868) (Subject)

      2/14/22 4:41:57 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • SEC Form SC 13G/A filed

      SC 13G/A - Globalstar, Inc. (0001366868) (Subject)

      2/12/21 4:31:42 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary

    Globalstar Inc. Financials

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    • Globalstar Announces First Quarter 2025 Financial Results

      First quarter 2025 revenue increased 6% to $60.0 million, driven by strength in wholesale capacity services Announced launch of two-way satellite commercial IoT solution with mass production expected in the second quarter of 2025 Introduced new state-of-the-art Satellite Operations Control Center (SOCC) at Globalstar's headquarters Globalstar, Inc. (NASDAQ:GSAT) ("Globalstar" or the "Company") today announced its financial results for the first quarter ended March 31, 2025. "Our first quarter results are in-line with our expectations with revenue increasing 6% to $60.0 million. Net loss for the quarter was $17.3 million, driven predominantly by non-cash items. Adjusted EBITDA* was $

      5/8/25 4:15:00 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Globalstar, Inc. Earnings Release and Call Notice

      Globalstar, Inc. (NASDAQ:GSAT) will announce its first quarter 2025 financial and operating results on Thursday, May 8, 2025 after the market closes. The release will be available over the wire and from the Globalstar, Inc. website at www.globalstar.com. The Company will also conduct a conference call on Thursday, May 8, 2025 at 5:00 p.m. Eastern Time (ET) to discuss these results. Details are as follows: Earnings Call: The earnings call will be available via webcast from the following link.   Webcast Link: https://edge.media-server.com/mmc/p/gcqrbxci   To participate in the earnings call via teleconference, participants should register at the following link to receive an emai

      5/1/25 4:15:00 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Globalstar Announces 2024 Financial Results

      Full year 2024 revenue increased 12% to a record $250.3 million, exceeding the high end of revenue guidance Record annual service revenue for Commercial IoT, representing a 15% increase from the prior year On track to deliver scheduled milestones to support next phases of direct-to-cellular service Received $0.9 billion of the total $1.7 billion investment under the Updated Services Agreements announced in November 2024 Uplisted to the Nasdaq Global Select Market on February 11, 2025, following effectiveness of a 1-for-15 reverse stock split Globalstar, Inc. (NASDAQ:GSAT) ("Globalstar" or the "Company") today announced its financial results for the fourth quarter and year en

      2/27/25 4:15:00 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Globalstar, Inc. Earnings Release and Call Notice

      Globalstar, Inc. (NASDAQ:GSAT) will announce its fourth quarter and full year 2024 financial and operating results on Thursday, February 27, 2025 after the market closes. The release will be available over the wire and from the Globalstar, Inc. website at www.globalstar.com. The Company will also conduct a conference call on Thursday, February 27, 2025 at 5:00 p.m. Eastern Time (ET) to discuss these results. Details are as follows: Earnings Call: The earnings call will be available via webcast from the following link.   Webcast Link: https://edge.media-server.com/mmc/p/3tgt97ge   To participate in the earnings call via teleconference, participants should register at the follow

      2/20/25 6:19:00 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Globalstar Announces Third Quarter 2024 Financial Results

      Globalstar, Inc. (NYSE:GSAT) ("Globalstar" or the "Company") today announced its financial results for the third quarter ended September 30, 2024. "Globalstar reported strong third quarter results highlighted by a 25% increase in total revenue. Net income and Adjusted EBITDA both benefited significantly from the increase in high-margin revenue with a favorable fluctuation in net income of $16 million and an increase in Adjusted EBITDA of 34%, reaching a record high during the quarter. Growth in wholesale capacity revenue continues to be the primary driver of our improved financial results with other recent business initiatives also contributing overall. As a result, we are increasing the l

      11/7/24 4:15:00 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Globalstar, Inc. Earnings Release and Call Notice

      Globalstar, Inc. (NYSE:GSAT) will announce its third quarter 2024 financial and operating results on Thursday, November 7, 2024 after the market closes. The release will be available over the wire and from the Globalstar, Inc. website at www.globalstar.com. The Company will also conduct a conference call on Thursday, November 7, 2024 at 5:00 p.m. Eastern Time (ET) to discuss these results. Details are as follows: Earnings Call: The earnings call will be available via webcast from the following link. Webcast Link: https://edge.media-server.com/mmc/p/ssnimn99   To participate in the earnings call via teleconference, participants should register at the following link

      10/25/24 4:15:00 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Globalstar Announces Second Quarter 2024 Financial Results

      Globalstar, Inc. (NYSE:GSAT) today announced its financial results for the second quarter ended June 30, 2024. "Globalstar reported record revenue during the second quarter, driven primarily by growth in wholesale capacity services and other recent business initiatives. The high-margin nature of this revenue contributed to a 20% increase in Adjusted EBITDA and an increase in cash on hand to $64 million as of June 30, 2024," commented Rebecca Clary, Chief Financial Officer. Clary continued, "Based on the continued momentum across our key growth categories, we are raising the low end of our revenue guidance to $235 million from $225 million and projected Adjusted EBITDA margin to 53% from 5

      8/8/24 8:00:00 AM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Globalstar, Inc. Earnings Release and Call Notice

      Globalstar, Inc. (NYSE:GSAT) will announce its second quarter 2024 financial and operating results on Thursday, August 8, 2024 before the market opens. The release will be available over the wire and from the Globalstar, Inc. website at www.globalstar.com. The Company will also conduct a conference call on Thursday, August 8, 2024 at 9:00 a.m. Eastern Time (ET) to discuss these results. Details are as follows: Earnings Call: The earnings call will be available via webcast from the following link.   Webcast Link: https://edge.media-server.com/mmc/p/whk4vk5x   To participate in the earnings call via teleconference, participants should register at the following link

      7/26/24 4:15:00 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Globalstar Announces First Quarter 2024 Financial Results and Operational Updates

      Globalstar, Inc. (NYSE:GSAT) today announced its operating and financial results for the first quarter ended March 31, 2024. Rebecca Clary, Chief Financial Officer, commented, "We are pleased with our financial results for the first quarter, which generally exceeded our expectations with total revenue higher on a sequential basis as well as compared to the prior year quarterly average. As previously disclosed, the prior year's first quarter included nonrecurring service revenue, as well as a spike in subscriber equipment sales when inventory was replenished after supply chain disruptions were resolved. Since we anticipated these factors, today we re-iterate our full year 2024 revenue and

      5/8/24 4:15:00 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary
    • Globalstar, Inc. Earnings Release and Call Notice

      Globalstar, Inc. (NYSE:GSAT) will announce its first quarter 2024 financial and operating results on Wednesday, May 8, 2024 after the market closes. The release will be available over the wire and from the Globalstar, Inc. website at www.globalstar.com. The Company will also conduct a conference call on Wednesday, May 8, 2024 at 5:00 p.m. Eastern Time (ET) to discuss these results. Details are as follows: Earnings Call: The earnings call with be hosted via teleconference. Participants should dial in using the information below:   Toll Free (+1) 800 717 1738 Local (+1) 646 307 1865   Please provide the conference ID 36209 when dialing in

      5/3/24 5:03:00 PM ET
      $GSAT
      Telecommunications Equipment
      Consumer Discretionary