Globalstar, Inc. (GSAT)

US — Communication Services Sector
Peers: TKC  AD  TDS  PHI  LUMN  MSGS  LBTYK 

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News

XTL: Amazon For Globalstar Is Just The Latest Catalyst
AMZN, GSAT, XTL
Published: April 14, 2026 by: Seeking Alpha
Sentiment: Positive

Amazon.com, Inc.'s $11.6 billion acquisition of Globalstar highlights surging demand for space-focused telecom, boosting XTL, where GSAT is the largest holding. I maintain a buy rating on the State Street SPDR S&P Telecom ETF, citing pristine momentum, an attractive 19.8x P/E, and a PEG near 1.0 amid a bullish technical setup. XTL's high small-cap exposure (60%) and low yield (0.95%) make it a tactical, growth-oriented telecom play rather than a defensive income vehicle.

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image for news XTL: Amazon For Globalstar Is Just The Latest Catalyst
Amazon Rises 5%, Globalstar Jumps 10% as $11.57 Billion Acquisition Ignites a Satellite War With SpaceX
AMZN, GSAT
Published: April 14, 2026 by: 24/7 Wall Street
Sentiment: Positive

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).

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image for news Amazon Rises 5%, Globalstar Jumps 10% as $11.57 Billion Acquisition Ignites a Satellite War With SpaceX
Amazon Buys Globalstar for $10.8 Billion, Movingto Expand Its Satellite Internet Service
AMZN, GSAT
Published: April 14, 2026 by: NYTimes
Sentiment: Positive

The e-commerce giant is buying Globalstar, a satellite communications company, as it aims to expand its own satellite internet service to compete with Elon Musk's Starlink.

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image for news Amazon Buys Globalstar for $10.8 Billion, Movingto Expand Its Satellite Internet Service
Amazon's $11.6 billion Globalstar deal will not fix rocket launch bottleneck, analysts say
AMZN, GSAT
Published: April 14, 2026 by: Reuters
Sentiment: Negative

Amazon's $11.6 billion deal to buy Globalstar ​bolsters its space ambitions with satellites and wireless airwaves, but will not fix the crippling shortage of ‌rocket launches needed to build out a network capable of rivaling SpaceX, analysts said.

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image for news Amazon's $11.6 billion Globalstar deal will not fix rocket launch bottleneck, analysts say
A Deal With Amazon Has This Starlink Rival's Stock Soaring
GSAT
Published: April 14, 2026 by: Investopedia
Sentiment: Positive

Amazon said it's agreed to buy Globalstar, putting an end to weeks of speculation and sending the Stalink rival's stock up sharply Tuesday.

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image for news A Deal With Amazon Has This Starlink Rival's Stock Soaring
Shareholder Alert: Ademi LLP investigates whether Globalstar Inc. is obtaining a Fair Price for Public Shareholders
GSAT
Published: April 14, 2026 by: PRNewsWire
Sentiment: Neutral

MILWAUKEE, April 14, 2026 /PRNewswire/ -- Ademi LLP is investigating Globalstar (NASDAQ: GSAT) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with Amazon. Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995.

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image for news Shareholder Alert: Ademi LLP investigates whether Globalstar Inc. is obtaining a Fair Price for Public Shareholders
Amazon to Buy Globalstar for $11.6 Billion
AMZN, GSAT
Published: April 14, 2026 by: Bloomberg Technology
Sentiment: Positive

Amazon has agreed to buy satellite operator Globalstar in a deal worth roughly $11.6 billion, marking its largest acquisition since the 2017 purchase of Whole Foods. The deal could help Amazon compete more closely with its fast-growing rival Starlink.

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image for news Amazon to Buy Globalstar for $11.6 Billion
Amazon and Apple vs. Starlink: Globalstar satellite acquisition comes with a big iPhone bonus
AAPL, AMZN, GSAT, P-SPAC
Published: April 14, 2026 by: GeekWire
Sentiment: Neutral

Amazon's deal for satellite operator Globalstar doesn't just bulk up Amazon Leo — it brings Apple along for the ride, with a long-term agreement to power iPhone and Apple Watch satellite features.

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image for news Amazon and Apple vs. Starlink: Globalstar satellite acquisition comes with a big iPhone bonus
$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Globalstar, Inc. (NASDAQ: GSAT)
GSAT
Published: April 14, 2026 by: GlobeNewsWire
Sentiment: Neutral

NEW YORK, April 14, 2026 (GLOBE NEWSWIRE) -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2025 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Globalstar, Inc. (NASDAQ: GSAT ) related to its sale to Aamzon.com, Inc. Under the terms of the proposed transaction, Globalstar shareholders will receive $90.00 per share in cash or 0.3210 shares of Amazon common stock with a …

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image for news $HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Globalstar, Inc. (NASDAQ: GSAT)
Amazon 'snaps at Starlink's heels' with acquisition of Globalstar
AMZN, GSAT
Published: April 14, 2026 by: Proactive Investors
Sentiment: Positive

Amazon.com Inc (NASDAQ:AMZN) has agreed to acquire Globalstar Inc (NASDAQ:GSAT) in a deal aimed at expanding its satellite telecommunications connectivity, including powering emergency features on Apple Inc (NASDAQ:AAPL) iPhones and Apple Watches. The acquisition will allow Amazon's low Earth orbit network, Amazon Leo, to add services that connect directly to mobile phones, enabling voice, text and data coverage beyond traditional cellular networks.

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image for news Amazon 'snaps at Starlink's heels' with acquisition of Globalstar
XCOM RAN by GSAT Powers Next-Gen of AI-led Industrial Connectivity
GSAT
Published: April 08, 2026 by: Zacks Investment Research
Sentiment: Neutral

Globalstar unveils XCOM RAN, a private 5G platform with Supercell architecture, aiming to power "physical AI" and transform industrial connectivity.

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image for news XCOM RAN by GSAT Powers Next-Gen of AI-led Industrial Connectivity
Why Globalstar Shares Are Holding Up After Amazon-Fueled Surge
AMZN, GSAT
Published: April 07, 2026 by: Benzinga
Sentiment: Positive

Globalstar's deal-premium debate is still front and center after the stock recently ripped to an 18-year high and traded near the mid-$80s last week, before any confirmed bid.

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image for news Why Globalstar Shares Are Holding Up After Amazon-Fueled Surge
Globalstar Stock Sinks As Traders Reassess Amazon Chatter
AMZN, GSAT
Published: April 06, 2026 by: Benzinga
Sentiment: Negative

The stock surged last week on initial chatter that Amazon.com Inc (NASDAQ: AMZN) could pursue Globalstar, and traders are still weighing whether that speculation could ultimately lead to a premium bid.

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image for news Globalstar Stock Sinks As Traders Reassess Amazon Chatter
Amazon's Globalstar play about spectrum, not just hardware
AMZN, GSAT
Published: April 03, 2026 by: 24/7 Wall Street
Sentiment: Neutral

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).

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image for news Amazon's Globalstar play about spectrum, not just hardware
Amazon reportedly considers Globalstar acquisition in bid to challenge SpaceX's Starlink
AMZN, GSAT
Published: April 02, 2026 by: CNBC Television
Sentiment: Positive

CNBC's MacKenzie Sigalos on a report that Amazon is in talks to buy Globalstar in a deal valued at about $9 billion, a move that could strengthen its satellite internet ambitions.

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image for news Amazon reportedly considers Globalstar acquisition in bid to challenge SpaceX's Starlink
This space stock is hot — and both Amazon and SpaceX may want to buy it
AMZN, P-SPAC, GSAT
Published: April 02, 2026 by: Market Watch
Sentiment: Positive

Acquiring Globalstar could give Amazon a helping hand as it seeks to compete with Starlink.

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image for news This space stock is hot — and both Amazon and SpaceX may want to buy it
Globalstar stock soars on Amazon rumors. Why the Starlink rival's shares are blasting into space today
AMZN, GSAT
Published: April 02, 2026 by: Fast Company
Sentiment: Positive

Most of the markets are down today after President Trump's address to the nation last night failed to alleviate fears about America's war with Iran dragging on.

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image for news Globalstar stock soars on Amazon rumors. Why the Starlink rival's shares are blasting into space today
Deal Talks With Amazon Have This Satellite Internet Provider's Stock Popping
GSAT
Published: April 02, 2026 by: Investopedia
Sentiment: Neutral

Amazon could be looking to make a big move to grow its budding satellite internet service.

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image for news Deal Talks With Amazon Have This Satellite Internet Provider's Stock Popping
Globalstar Stock Jumps After SpaceX Files Confidentially For Record IPO
GSAT, P-SPAC
Published: April 01, 2026 by: Benzinga
Sentiment: Positive

The filing adds a fresh catalyst to the broader space trade and appears to be lifting sentiment around publicly traded satellite and communications names such as Globalstar.

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image for news Globalstar Stock Jumps After SpaceX Files Confidentially For Record IPO
Globalstar, Inc. (GSAT) Q4 2025 Earnings Call Transcript
GSAT
Published: February 27, 2026 by: Seeking Alpha
Sentiment: Neutral

Globalstar, Inc. (GSAT) Q4 2025 Earnings Call Transcript

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image for news Globalstar, Inc. (GSAT) Q4 2025 Earnings Call Transcript
Globalstar (GSAT) Reports Q4 Loss, Tops Revenue Estimates
GSAT
Published: February 27, 2026 by: Zacks Investment Research
Sentiment: Negative

Globalstar (GSAT) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of $0.01. This compares to a loss of $0.14 per share a year ago.

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image for news Globalstar (GSAT) Reports Q4 Loss, Tops Revenue Estimates
Virewirx Awarded $1.9M Small Business Innovation Research (SBIR) Contract from Office of the Under Secretary of War (OUSW)
GSAT
Published: February 24, 2026 by: Business Wire
Sentiment: Neutral

SAN DIEGO--(BUSINESS WIRE)--Virewirx has been awarded a Phase II $1.9 million Small Business Innovation Research (SBIR) OUSW (R&E) FutureG contract from the Office of the Under Secretary of War (OUSW) to develop an advanced 5G system designed to perform reliably in challenging Radio Frequency (RF) environments. This breakthrough technology will enable mission-critical communications in previously impossible environments, ensuring warfighters maintain connectivity for coordination, safety, a.

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image for news Virewirx Awarded $1.9M Small Business Innovation Research (SBIR) Contract from Office of the Under Secretary of War (OUSW)
3 Stocks to Watch From the Satellite and Communication Industry
GILT, GSAT, IRDM
Published: January 16, 2026 by: Zacks Investment Research
Sentiment: Neutral

Amid macroeconomic volatility, growing global connectivity bodes well for Zacks Satellite and Communication industry participants, such as GSAT, IRDM and GILT.

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image for news 3 Stocks to Watch From the Satellite and Communication Industry
GSAT Expands South Korea Ground Station for Satellite Connectivity
GSAT
Published: January 15, 2026 by: Zacks Investment Research
Sentiment: Positive

Globalstar expands its C-3 network with new antennas in South Korea, boosting capacity and resilience as it reaffirms its 2025 revenue outlook.

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image for news GSAT Expands South Korea Ground Station for Satellite Connectivity
Globalstar Completing Major Expansion of Ground Infrastructure in South Korea, With Three New C-3 Antennas Installed at Yeo Ju Ground Station
GSAT
Published: January 14, 2026 by: Business Wire
Sentiment: Neutral

COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announced the addition of three new six-meter C-3 tracking antennas being installed at its ground station in Yeo Ju, South Korea. For more than two decades, Globalstar has provided mobile satellite services across East Asia via its ground station located in Yeo Ju, South Korea, which has now been expanded to include three C-3 tracking antennas. The.

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image for news Globalstar Completing Major Expansion of Ground Infrastructure in South Korea, With Three New C-3 Antennas Installed at Yeo Ju Ground Station
Globalstar and Skydio Complete First Drone Flight on Globalstar Band n53TM and XCOM RAN
GSAT
Published: December 16, 2025 by: Business Wire
Sentiment: Neutral

COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces the successful completion of a joint technology trial with Skydio, the leading U.S. drone manufacturer and world leader in autonomous flight. The companies validated compatibility between the Skydio X10 and Globalstar's licensed Band n53 spectrum, as well as Globalstar's XCOM RAN private 5G platform. Skydio and Globalstar's trial evaluated Band.

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image for news Globalstar and Skydio Complete First Drone Flight on Globalstar Band n53TM and XCOM RAN
Globalstar: When The Stars Align After Years Of Capital Deployment
GSAT
Published: November 12, 2025 by: Seeking Alpha
Sentiment: Positive

Globalstar (GSAT) is positioned for strong growth with its XCON RAN launch, government contracts, and ongoing infrastructure expansion. GSAT reported solid Q3'25 results, driven by Wholesale Capacity Services, Commercial IoT, and robust Subscriber Equipment sales growth. Despite trading at a premium, I reiterate a Strong Buy rating for GSAT with a $69/share price target, citing future margin expansion and revenue growth.

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image for news Globalstar: When The Stars Align After Years Of Capital Deployment
Globalstar, Inc. (GSAT) Q3 2025 Earnings Call Transcript
GSAT
Published: November 07, 2025 by: Seeking Alpha
Sentiment: Neutral

Globalstar, Inc. ( GSAT ) Q3 2025 Earnings Call November 6, 2025 5:00 PM EST Company Participants Rebecca Clary - VP & CFO Paul Jacobs - CEO & Director Conference Call Participants Michael Crawford - B. Riley Securities, Inc., Research Division Gregory R.

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image for news Globalstar, Inc. (GSAT) Q3 2025 Earnings Call Transcript
Globalstar to Report Q3 Earnings: How to Approach the Stock Now?
GSAT
Published: November 04, 2025 by: Zacks Investment Research
Sentiment: Neutral

GSAT's third-quarter results arrive Nov. 6 as investors weigh strong IoT and defense traction against rising costs and a lofty valuation.

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image for news Globalstar to Report Q3 Earnings: How to Approach the Stock Now?
Globalstar Announces Major Expansion of Ground Infrastructure Across Brazil, with Eight New C-3 Antennas Being Installed at Four Separate Locations
GSAT
Published: November 04, 2025 by: Business Wire
Sentiment: Neutral

COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider today announced the addition of eight new six-meter C-3 tracking antennas being installed at its ground stations across Brazil. For more than two decades, Globalstar has provided mobile satellite services across Brazil via ground stations located in Manaus, Petrolina, and Presidente Prudente. Each of these Globalstar-owned ground stations are being expand.

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image for news Globalstar Announces Major Expansion of Ground Infrastructure Across Brazil, with Eight New C-3 Antennas Being Installed at Four Separate Locations

About Globalstar, Inc. (GSAT)

  • IPO Date 2006-11-02
  • Website https://www.globalstar.com
  • Industry Telecommunications Services
  • CEO Paul E. Jacobs
  • Employees 389

Globalstar, Inc. provides mobile satellite services worldwide. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications; fixed voice and data satellite communications services and equipment at industrial, commercial, and residential sites, as well as rural villages and ships; and data modem services and equipment. It also provides SPOT consumer retail products, such as SPOT satellite GPS messenger for personal tracking, emergency location, and messaging solutions; and SPOT Trace, an anti-theft and asset tracking device. In addition, the company offers commercial Internet of Things one-way transmission products to track cargo containers and rail cars, as well as to monitor utility meters, and oil and gas assets. Further, it sells wholesale minutes to independent gateway operators (IGOs); and provides engineering services, such as hardware and software designs to develop specific applications; and installation of gateways and antennas. The company distributes its products directly, as well as through independent agents, dealers and resellers, retailers, IGOs, and sales force and e-commerce Website. As of December 31, 2020, it had approximately 745,000 subscribers. The company primarily serves recreation and personal, government, public safety and disaster relief, oil and gas, maritime and fishing, construction, utilities, and transportation, as well as natural resources, mining, and forestry markets. Globalstar, Inc. has a strategic alliance with XCOM Labs to jointly commercialize XCOM's capacity-multiplying technology with Globalstar's Band n53 for 5G deployments in the United States and other countries where Globalstar has terrestrial rights. The company was founded in 1993 and is headquartered in Covington, Louisiana.