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Globalstar Inc. (GSAT)

$84.07

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Key data on GSAT

Market cap

$10.89B

EPS

-0.51

P/E ratio

--

Price to sales

38.7

Dividend yield

--

Beta

1.449645

Price on GSAT

Previous close

$83.90

Today's open

$84

Day's range

$83.66 - $84.09

52 week range

$41.06 - $84.85

Profile about GSAT

CEO

Paul Jacobs

Employees

477

Headquarters

Covington, LA

Exchange

Nasdaq Global Select

Shares outstanding

129563390

Issue type

Common Stock

GSAT industries and sectors

Media & Telecommunications

Telecommunications

News on GSAT

XCOM RAN Wins the Gold Stevie® 2026 Award for Technology Excellence

SAN DIEGO, Oct. 28, 2026 (GLOBE NEWSWIRE) -- XCOM RAN by Globalstar has been named the winner of the Gold Stevie® Award for Technology Innovation of the Year in the third annual  Stevie Awards for Technology Excellence . XCOM RAN was recognized for its advanced private 5G solution that provides the essential foundation for autonomous operations and Physical AI in manufacturing and logistics environments.

news source

GlobeNewsWire • Oct 28, 2026

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US agency approves Amazon Leo's $11.5 billion acquisition of Globalstar

Oct 27 (Reuters) - The Federal Communications Commission said Tuesday ‌it has approved Amazon (AMZN.O), opens new tab Leo's $11.57 billion deal to acquire Globalstar (GSAT.O), opens new tab.

news source

Reuters • Oct 27, 2026

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FCC Authorizes Globalstar's Third-Generation C-3 System for Operations in the United States

Purpose-built for direct-to-device connectivity, C-3 satellites are expected to launch beginning next year Purpose-built for direct-to-device connectivity, C-3 satellites are expected to launch beginning next year

news source

GlobeNewsWire • Oct 19, 2026

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XCOM RAN Named “Warehouse Technology Innovation of the Year” in SupplyTech Breakthrough Awards

Recognition Highlights XCOM RAN's Role in Transforming Warehouse Connectivity, Automation and Real-Time Operations by Delivering the Essential Infrastructure for Physical AI Recognition Highlights XCOM RAN's Role in Transforming Warehouse Connectivity, Automation and Real-Time Operations by Delivering the Essential Infrastructure for Physical AI

news source

GlobeNewsWire • Sep 29, 2026

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Globalstar Completes Expansion of Greece Ground Station, Marking Key Milestone in Global Infrastructure Buildout

Expanded facility doubles Globalstar's ground station infrastructure at Nemea, advancing deployment of the ground network to support its third-generation C-3 system Expanded facility doubles Globalstar's ground station infrastructure at Nemea, advancing deployment of the ground network to support its third-generation C-3 system

news source

GlobeNewsWire • Sep 21, 2026

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Rocket Lab launches eight Globalstar satellites

Space company Rocket Lab (Rocket Lab USA Inc (NASDAQ:RKLB) has successfully launched eight satellite platforms built for MDA (TSX:MDA) Space to replenish Globalstar's existing communications constellation. The satellites launched on 15 August from Cape Canaveral Space Force Station at 9.12pm Eastern time, marking the first batch of 17 platforms Rocket Lab is building under a $143 million contract with MDA (TSX:MDA) Space.

news source

Proactive Investors • Aug 17, 2026

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Globalstar Confirms Successful Launch of All 8 HIBLEO-4 Replacement Satellites

Satellites launched aboard SpaceX Falcon 9 rocket reach orbital plane Satellites launched aboard SpaceX Falcon 9 rocket reach orbital plane

news source

GlobeNewsWire • Aug 16, 2026

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MDA SPACE SATELLITES FOR GLOBALSTAR SUCCESSFULLY LAUNCHED

First set of eight satellites for Globalstar   2-R mission deployed to low Earth orbit on a SpaceX Falcon   9 rocket, marking the beginning of the commissioning phase TORONTO, Aug. 16, 2026 /PRNewswire/ -- MDA Space Ltd. (TSX: MDA) (NYSE: MDA), a leading provider of advanced technology and services to the rapidly expanding global space industry, confirms the successful deployment of the initial eight replenishment satellites for Globalstar Inc.'s (NASDAQ:GSAT) existing low Earth orbit (LEO) constellation.

news source

PRNewsWire • Aug 16, 2026

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Elon Musk Predicts 90% of Internet Traffic Will Flow Through His Company. That Would Be a Nightmare.

SpaceX (NASDAQ:SPCX | SPCX Price Prediction) never ceases to be in the headlines, it seems.

news source

24/7 Wall Street • Aug 13, 2026

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Globalstar (GSAT) Reports Q2 Loss, Lags Revenue Estimates

Globalstar (GSAT) came out with a quarterly loss of $0.23 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to earnings of $0.13 per share a year ago.

news source

Zacks Investment Research • Aug 6, 2026

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