Welcome to our dedicated page for Globalstar news (Ticker: GSAT), a resource for investors and traders seeking the latest updates and insights on Globalstar stock.
Globalstar, Inc. reports developments in satellite and terrestrial connectivity, including mobile satellite services, low Earth orbit satellite infrastructure, licensed Band 53/n53 spectrum and private wireless technology. Its recurring news themes include XCOM RAN private 5G deployments, IoT and direct-to-device connectivity, ground-station expansion, spectrum-enabled partnerships, government and defense collaborations, and operating results.
The company serves business, enterprise, consumer and governmental markets with voice, data, asset-tracking, safety and personal communications services. Updates also cover satellite network upgrades, product modules, ecosystem partners and material corporate actions tied to its communications infrastructure and capital structure.
Globalstar (NASDAQ: GSAT) has initiated a major expansion of its ground station in Bihoro, Japan, marking a significant step in its global infrastructure development. The expansion includes the construction of additional tracking antennas to support both existing operations and the company's upcoming third-generation C-3 mobile satellite system.
Following the successful commissioning of its first installation in June 2024, this expansion is part of a broader initiative that will include over 90 additional tracking antennas globally. The project, supported by local partner IPmotion, represents Globalstar's commitment to expanding its mobile satellite services throughout Asia and strengthening its presence in the Japanese market.
Globalstar (NASDAQ: GSAT) has entered into a Cooperative Research and Development Agreement (CRADA) with the U.S. Army to evaluate advanced satellite data solutions for defense applications. The collaboration focuses on testing Globalstar's ultra-low SWaP-C (size, weight, power and cost) devices for covert sensing and tracking applications.
The partnership will assess solutions featuring low probability of intercept/detection (LPI/LPD) capabilities, specifically designed for unmanned systems, logistics tracking, and tagging/tracking/locating applications. Globalstar's technology enables edge processing and autonomous operation in contested environments through its LEO constellation network.
Globalstar (NASDAQ: GSAT) has signed definitive agreements with Telecom CLM to expand the Alcazar Teleport in Spain, doubling its existing footprint with three new tracking antennas and supporting infrastructure. This expansion supports Globalstar's third-generation C-3 mobile satellite services network and strengthens its Low Earth Orbit (LEO) constellation coverage across Europe.
The expansion demonstrates Globalstar's commitment to providing resilient satellite connectivity, highlighted by its recent performance during power outages in Spain and Portugal where its network remained operational while terrestrial networks were offline. The Alcazar expansion represents a strategic step in Globalstar's global ground infrastructure enhancement, aimed at delivering next-generation mobile satellite connectivity throughout the European region.
Globalstar (NASDAQ: GSAT) has signed a launch services agreement with SpaceX for launching nine replacement satellites using a Falcon 9 rocket. The launch, scheduled for next year, follows the company's 2022 satellite procurement agreement with MDA (Macdonald, Dettwiler and Associates Corporation).
The satellites, constructed by MDA and Rocket Lab, will operate under Globalstar's HIBLEO-4 filing with a renewed 15-year term authorization from the Federal Communications Commission. These new satellites will work alongside existing second-generation satellites to ensure continuous telecommunications services.
Globalstar (NASDAQ: GSAT) has announced the successful installation of Clifton-8, the first 6-meter tracking antenna for its upcoming C-3 mobile satellite system at its Clifton, Texas ground station. This marks the beginning of a significant infrastructure expansion project that will involve installing over 90 new antennas across approximately 35 ground stations in 25 countries.
The Clifton station, which has been operational for over two decades, serves the continental U.S., Mexico, and Canada. Clifton-8 is the eighth tracking antenna at this location and the first of five new antennas planned to support the C-3 system. This installation represents the initial phase of Globalstar's Extended MSS Network development, aimed at enhancing the company's satellite connectivity capabilities.
Globalstar (NASDAQ: GSAT) announces its continued partnership with CERES TAG to provide satellite connectivity for livestock monitoring amid the New World Screwworm outbreak in Mexico. The partnership combines CERES TAG's smart ear tags for real-time animal tracking with Globalstar's satellite network to ensure uninterrupted connectivity in remote areas.
The threat of New World Screwworm has led to border closures for live animal imports, with potential economic losses in the hundreds of millions. CERES TAG has secured agreements with MWI Health and Animal Health International, committing to a minimum of 30,000 units to Globalstar for the remainder of the year.
Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, has announced its participation in five major investor conferences throughout May and June 2025. CEO Paul Jacobs will lead a fireside chat at the B. Riley Conference on May 21. The company will also attend the Craig Hallum, TD Cowen, Wolfe Research, and Jefferies Space Summit conferences, offering one-on-one and group meetings with investors. Two of these events will be held virtually, while others will take place in Marina Del Rey, Minneapolis, and New York.