Frankfurt - Delayed Quote ? EUR Globalstar, Inc. (P8S.F) Follow Compare 1.7440 +0.1520 (+9.55%) At close: November 15 at 5:26 PM GMT+1 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Globalstar Wins Terrestrial Authority in Mexico COVINGTON, La., November 14, 2024--Globalstar, Inc. (NYSE American: GSAT) ("Globalstar"), the next-generation mobile satellite and communications services provider, today announced that Mexico’s Instituto Federal de Telecomunicaciones ("IFT") has notified Globalstar’s subsidiary in Mexico, Mobile Satellite Services Mexico S. De R.L. DE C.V., that it is the winning bidder in the public Auction #13 (Licitación No. IFT-13) regarding the Complementary Terrestrial Service of the Mobile Satellite Serv Business Wire ? 3 days ago GSAT Globalstar Announces Participation at Deutsche Bank’s Global Space Summit COVINGTON, La., November 12, 2024--Globalstar, Inc. (NYSE American: GSAT), a next-generation telecommunications infrastructure and technology provider, today announced that Dr. Paul Jacobs will present at Deutsche Bank’s Global Space Summit on Wednesday, November 20, 2024, at 9:00 a.m. EST in New York, NY. Business Wire ? 5 days ago GSAT Globalstar, Inc. (GSAT): A Bull Case Theory We came across a bullish thesis on Globalstar, Inc. (GSAT) on wallstreetbets Subreddit Page by tke248. In this article, we will summarize the bulls’ thesis on GSAT. Globalstar, Inc. (GSAT)’s share was trading at $1.85 as of Nov 7th. Globalstar’s Q3 earnings report highlights a strong performance, showcasing significant revenue growth and operational achievements. The company reported […] Insider Monkey ? 6 days ago GSAT AAPL Globalstar Inc (GSAT) Q3 2024 Earnings Call Highlights: Record Revenue Growth and Strategic Advances Globalstar Inc (GSAT) reports a 25% revenue increase, strategic service extensions, and enhanced satellite capabilities in its Q3 2024 earnings call. GuruFocus.com ? 8 days ago GSAT Globalstar Announces Third Quarter 2024 Financial Results COVINGTON, La., November 07, 2024--GLOBALSTAR ANNOUNCES THIRD QUARTER 2024 FINANCIAL RESULTS Business Wire ? 9 days ago GSAT Apple reportedly devising plans to enter smart glasses market A study has begun at the company's Cupertino headquarters to understand the smart glasses category. Verdict ? 12 days ago AAPL GSAT Apple to invest $1.5bn in Globalstar to expand satellite services The deal between Apple and Globalstar includes a $1.1bn cash injection and a 20% equity stake for Apple. Verdict ? 13 days ago GSAT AAPL Morgan Stanley says Globalstar expanded Apple relationship ‘very encouraging’ After Globalstar (GSAT) filed an 8K disclosing an expanded relationship with Apple (AAPL), Morgan Stanley analyst Simon Flannery noted that details are still limited, but says the new expanded relationship with Apple “appears to be very encouraging.” While the firm awaits more details around the nature, cost and deployment timeline for the new constellation, which it understands will be in addition to the 17 satellites currently under construction to be launched next year, it keeps an Equal Weig TipRanks ? 15 days ago AAPL GSAT Globalstar Expands Satellite Network with Apple Agreement Globalstar ( (GSAT) ) has shared an update. Globalstar, Inc. has updated its service agreements with Apple Inc. to expand its mobile satellite services network, including launching a new satellite constellation and enhancing ground infrastructure. This agreement will see Apple prepay for services, while Globalstar retains full revenue from terrestrial and satellite services and allocates 85% of its network capacity to Apple. The company expects to more than double its annual revenue post-expansi TipRanks ? 15 days ago GSAT Globalstar Soars 64% on Expanded Apple Partnership, Forecasts Revenue Doubling Globalstar's alliance with Apple drives 64% stock surge, boosting satellite network and global mobile services. GuruFocus.com ? 15 days ago GSAT AAPL Globalstar stock surges on potential $1.5B Apple investment: Reuters Globalstar (GSAT) shares are rallying in Friday's afternoon trading following reports of a potential $1.5 billion investment from Apple (AAPL). The tech giant already utilizes Globalstar's satellite network for its phones, making this reported investment a significant expansion of their existing partnership. Market Domination Co-Hosts Julie Hyman and Josh Lipton break down the details. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Angel Smith Yahoo Finance Video ? 15 days ago AAPL GSAT Apple to invest up to $1.5 billion in Globalstar for satellite coverage expansion Shares of Globalstar jumped over 30%, while Apple was down around 1.4% a day after it forecast tepid quarterly revenue growth. Under the funding agreement, Apple will commit $1.1 billion in cash and also purchase 20% equity in Globalstar for $400 million. Globalstar also said it will allocate 85% of its network capacity to Apple. Reuters ? 15 days ago GSAT AAPL Satellite Operator Globalstar Soars After Agreement With Apple Globalstar stock rose sharply Friday after the satellite company disclosed an expanded agreement with iPhone maker Apple that could see its revenue double next year. Globalstar will deliver expanded services to Apple over a new mobile satellite services network, including a new satellite constellation, expanded ground infrastructure, and increased global MSS licensing, the company said Friday. Apple will prepay for certain services to be delivered, it added, including an infrastructure?prepayment of up to $1.1 billion and an amount necessary for Globalstar to retire its outstanding 13% senior notes due 2029. Barrons.com ? 16 days ago GSAT Globalstar Expands Satellite Services Deal With Apple Globalstar Expands Satellite Services Deal With Apple PREMIUM MT Newswires ? 16 days ago GSAT AAPL Globalstar stock rockets 40% on expanded satellite service deal with Apple Shares of Globalstar (NYSE:GSAT) skyrocketed around 40% in premarket trading Friday after the satellite services provider announced an expansion of its deal with Apple (NASDAQ:AAPL). Investing.com ? 16 days ago GSAT AAPL Globalstar, Inc. Earnings Release and Call Notice COVINGTON, La., October 25, 2024--GLOBALSTAR, INC. EARNINGS RELEASE AND CALL NOTICE Business Wire ? 22 days ago GSAT Why Globalstar, Inc. (GSAT) is the Penny Stock with the Biggest Upside Potential According to Analysts In this article, we will look at the 8 Penny Stocks with Biggest Upside Potential According to Analysts. Let’s look at where Globalstar, Inc. (GSAT) stands against other penny stocks with the biggest upside potential. Why Are Rate Cuts Good for Small Caps? The Federal Reserve slashed interest rates by a half point in September, kickstarting […] Insider Monkey ? last month GSAT Globalstar Combines Band 53 Spectrum With CBRS: Stock to Gain? GSAT's Band 53 drives mission-critical applications with CBRS carrier aggregation through a strategic partnership with other tech innovators. Zacks ? last month GSAT IRDM Globalstar Inc (GSAT) Q2 2024 Earnings Call Highlights: Strong Revenue Growth and Raised Guidance Globalstar Inc (GSAT) reports a 10% revenue increase and boosts its revenue guidance, despite challenges in equipment sales and competitive pressures. GuruFocus.com ? last month GSAT Globalstar’s Band 53 Spectrum to Be Used for Mission-Critical Applications in Combination With CBRS Through a Collaboration With Global Telecom, the Althea Platform, and Alliance LAS VEGAS, October 04, 2024--MWC Las Vegas. Globalstar, Inc. (NYSE American: GSAT), the next-generation mobile satellite and communications services provider, today announced that Band 53 spectrum will be used to enable high-value and mission-critical applications through carrier aggregation with Citizens Broadband Radio Service (CBRS) in the United States. Business Wire ? last month GSAT Performance Overview Trailing total returns as of 11/15/2024, which may include dividends or other distributions. Benchmark is S&P 500 Return P8S.F S&P 500 YTD +2.59% +23.08% 1-Year +46.55% +30.58% 3-Year +26.38% +25.36%
