Headquartered in Covington, LA Fiscal year ends December NYSE MKT: GSAT globalstar.com
Globalstar is a global telecommunications infrastructure and technology provider operating an industry-leading low Earth orbit (LEO) satellite constellation and licensed Band 53/n53 spectrum. The company delivers satellite and terrestrial connectivity solutions serving business, enterprise, and consumer markets worldwide. Its product portfolio includes wholesale capacity services for a major technology customer (Apple), Commercial IoT connectivity for asset tracking and automation, SPOT GPS messaging devices for safety and personal communication, Duplex satellite phone services, and government and defense communication solutions. Globalstar also offers XCOM RAN, a software-defined private wireless network platform utilizing its Band 53 spectrum. The company is currently in a pending merger with Amazon, with the transaction expected to close in 2027, and is simultaneously executing a next-generation satellite constellation replacement and expansion program including third-generation C-3 satellites and an expanded global ground station network. Updated
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Globalstar is a global telecommunications infrastructure and technology provider operating an industry-leading low Earth orbit (LEO) satellite constellation and licensed Band 53/n53 spectrum.
The Wall Street consensus 12-month price target for GSAT is $90.00.
