Globalstar Inc. offers a wide range of mobile satellite services worldwide, catering to various sectors including government, public safety, oil and gas, and more. They specialize in two-way voice and data communication, providing essential services for remote business operations, emergency preparedness, and recreational activities. Their product lineup includes the SPOT family for messaging and location tracking, as well as devices for cargo and utility monitoring. Founded in 1993 and based in Covington, Louisiana, Globalstar distributes its solutions through retailers, a dedicated sales force, and an online platform.
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While Starlink soaks up every space headline, two publicly traded satellite operators have quietly turned niche networks into real businesses. I’ve been tracking these names for years, and the setup in 2026…
Prediction market traders on Polymarket now assign a 92% probability that SpaceX completes its IPO by June 30, 2026, with a $1.5 trillion-plus valuation in play. That puts the Procure Space ETF…
Amazon.com (NASDAQ:AMZN | AMZN Price Prediction) announced it is acquiring satellite company Globalstar (NASDAQ:GSAT) for $11.6 billion, and the market delivered an immediate verdict. Amazon shares rose 5% on the news, adding…
Amazon (NASDAQ:AMZN | AMZN Price Prediction) stock is up 5% today, rising from $239.89 to $252, after the company announced a blockbuster $11.57 billion acquisition of Globalstar (NASDAQ:GSAT). The deal is designed…
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Bloomberg’s Ed Ludlow reported live from Kennedy Space Center that Amazon (NASDAQ:AMZN | AMZN Price Prediction) is in talks to acquire Globalstar (NASDAQ:GSAT). What Globalstar has is very valuable licensed spectrum. Having…
Amazon.com (NASDAQ: AMZN | AMZN Price Prediction) is reportedly in talks to acquire Globalstar (NASDAQ: GSAT), Apple’s satellite connectivity partner, in a deal valued at roughly $9 billion. For Apple (NASDAQ: AAPL)…
Globalstar (NASDAQ:GSAT) shares are surging 10% in early Thursday trading after the Financial Times reported that Amazon (NASDAQ:AMZN | AMZN Price Prediction) is in advanced talks to acquire the satellite telecommunications company. The…
Two CEOs. Two very different satellite businesses. Both claiming 2026 as their inflection year. What they’re saying reveals a fascinating split in how the satellite-to-cellular race is being run. Abel Avellan: “We…
Everyone wants SpaceX exposure. Problem is, you can’t buy it. While retail investors fantasize about Starlink and Mars colonization, the real money is being made in unglamorous infrastructure powering the orbital economy:…
The satellite connectivity market is an exciting place to invest in for risk-taking investors seeking explosive growth profiles. Undoubtedly, the satellite connectivity tech scene is still in its early days, but as…
Acquisitions by Warren Buffett and other return buyers highlighted recent insider buying. A biotech company also saw some notable insider interest.
Warren Buffett boosts his stake in this tracking stock again, plus notable insider buying of communication and aviation stocks in the past week.
