Articles from Globalstar, Inc.

Globalstar, Inc. (Nasdaq: GSAT) (“Globalstar” or the “Company”), a next-generation telecommunications infrastructure and technology provider, today announced two new leaders for its terrestrial spectrum and network solutions and wholesale satellite capacity businesses.

Globalstar, Inc., (Nasdaq: GSAT) (“Globalstar” or the “Company”), a next-generation telecommunications infrastructure and technology provider, announces the grand opening of its state-of-the-art Satellite Operations Control Center (“SOCC”) at its headquarters in Covington, La., on March 17. This milestone marks a significant expansion of Globalstar’s operational capabilities and reinforces the Company’s strategic growth as it advances next-generation satellite and connectivity solutions.

Globalstar, Inc. (Nasdaq: GSAT) ("Globalstar" or the "Company") today announced its financial results for the fourth quarter and year ended December 31, 2024.

Globalstar, Inc., (Nasdaq: GSAT) (“Globalstar”), a next-generation telecommunications infrastructure and technology provider, today announced the launch of a two-way satellite IoT solution via its LEO constellation.

Globalstar, Inc. (Nasdaq: GSAT) will announce its fourth quarter and full year 2024 financial and operating results on Thursday, February 27, 2025 after the market closes. The release will be available over the wire and from the Globalstar, Inc. website at www.globalstar.com. The Company will also conduct a conference call on Thursday, February 27, 2025 at 5:00 p.m. Eastern Time (ET) to discuss these results. Details are as follows:

Globalstar, Inc., (Nasdaq: GSAT) (“Globalstar”), a next-generation telecommunications infrastructure and technology provider, will be showcasing its diverse solution set of connectivity products and services during Mobile World Congress (MWC) Barcelona, March 3-6.

Globalstar, Inc. (Nasdaq: GSAT) (“Globalstar”) a next-generation telecommunications infrastructure and technology provider, announced that its solar-powered asset tracker SmartOne Solar has received a 2024 IoT Excellence Award presented by TMC and Crossfire Media.

Globalstar, Inc. (Nasdaq: GSAT) (“Globalstar”), a next-generation telecommunications infrastructure and technology provider, announced today it visited the Nasdaq MarketSite in Times Square on Tuesday, February 11, 2025, to ring the opening bell. In recognition of this milestone, Globalstar CEO Paul E. Jacobs led the bell-ringing ceremony.

Globalstar, Inc. (NYSE American: GSAT) (“Globalstar” or the “Company”), a next-generation telecommunications infrastructure and technology provider, today announced that it intends to (i) implement the previously-disclosed reverse stock split and related charter amendments and to voluntarily transfer the listing of its common stock, par value $0.0001 per share (the “Common Stock”) from the NYSE American LLC (“NYSE American”) effective following the close of trading on February 10, 2025, and (ii) transfer the listing of its Common Stock to the Nasdaq Global Select Market (“Nasdaq”) effective February 11, 2025. Upon transferring, Globalstar expects to meet the eligibility requirements for inclusion in the Nasdaq Composite Index.

Globalstar Europe Satellite Services Ltd., a wholly owned subsidiary of Globalstar, Inc. (NYSE American: GSAT), the next-generation mobile satellite and communications service provider, today announced that UK-based wireless and satellite technology reseller, Global Telesat Communications (GTC), a subsidiary of NextPlat Corp. (NASDAQ: NXPL), has seen sales of Globalstar SPOT and satellite IoT devices dramatically increase, a 35% boost compared to the same period in 2023.

Globalstar, Inc. (NYSE American: GSAT) (“Globalstar” or the “Company”), a next-generation telecommunications infrastructure and technology provider, today announced that, in connection with its previously-disclosed plans to consummate a reverse stock split (the “Reverse Stock Split”) of its common stock, par value $0.0001 per share (the “Common Stock”), it notified the NYSE American LLC (“NYSE American”) that it intends to voluntarily delist the shares of its Common Stock from the NYSE American and transfer its listing to the Nasdaq Global Select Market (“Nasdaq”), subject to the completion of the Reverse Stock Split.

Globalstar, Inc. (NYSE American: GSAT) (“Globalstar” or the “Company”), a next-generation telecommunications infrastructure and technology provider, held an investor day on Thursday, December 12, 2024. The Company’s executive leadership team outlined Globalstar’s strategic priorities and vision for the future by optimizing value for its core assets and providing updates to its short and long-term financial outlook.

Globalstar, Inc. (NYSE American: GSAT), the next-generation mobile satellite and communications services provider, announced today a collaboration agreement with Hawk Networks. Hawk is transforming the way operators access wireless spectrum with a more efficient and flexible approach to utilizing Globalstar’s versatile Band 53 spectrum. Globalstar’s collaboration with Hawk Networks simplifies access to valuable licensed spectrum by bundling it with core network components and other essential infrastructure. This streamlined approach reduces extended wait times and eliminates the complexities of traditional procurement processes. Operators of all sizes can now efficiently access the spectrum and tools needed to build and expand their networks.

Globalstar, Inc. (NYSE American: GSAT), the next-generation mobile satellite and communications services provider, announced today the first 5G data call on Globalstar band n53™ spectrum, achieving 100 Mbps download and 60 Mbps upload speeds. These increased speeds allow for mission-critical applications such as robotics, autonomous forklifts, augmented reality (AR) applications, and enhanced video abilities to operate seamlessly. The test, conducted using XCOM RAN prototype radios and state of the art 5G modules, validates the utility of the Band n53 spectrum for even the most cutting-edge mobile applications and builds on the success from the 4G testing announced in October at Mobile World Congress Las Vegas.

Globalstar, Inc. (NYSE American: GSAT) (“Globalstar”), the next-generation mobile satellite and communications services provider, today announced that the United States Federal Communications Commission (“FCC” or “the Commission”) has issued a radio station authorization to GUSA Licensee LLC granting it a 15-year renewal of its authority to operate numerous categories of mobile earth terminals with its U.S. and French-licensed NGSO satellites throughout the United States and its territories.

Globalstar Europe Satellite Services Ltd., a wholly owned subsidiary of Globalstar, Inc. (NYSE American: GSAT) (collectively “Globalstar” or the “Company”), the next-generation mobile satellite and communications service provider, today announced that value added reseller Spotter has seen sales of its satellite IoT-enabled horse tracking collar more than double in the last 24 months.

Globalstar, Inc. (NYSE American: GSAT) (“Globalstar” or the “Company”), a next-generation telecommunications infrastructure and technology provider, today announced that the Company will host an Analyst & Investor Day on Thursday, December 12, 2024 beginning at 9:00 a.m. ET.

Globalstar, Inc. (NYSE American: GSAT) (“Globalstar” or the “Company”), a next-generation telecommunications infrastructure and technology provider, today announced its intent to transfer its common stock listing to the Nasdaq Global Select Market (the “Nasdaq”) in the first quarter of 2025. In connection with this planned uplisting, the Company also announced that its Board of Directors has authorized a reverse stock split of its common stock, which is also expected to take place in the first quarter of 2025 at a ratio to be determined closer to the effective date. The reverse stock split is intended to align trading fundamentals with peers, improve liquidity and attract greater investment participation from a more diverse and larger set of institutional investors.

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 Service in the frequencies 2483.5 to 2495 MHz in Mexico.

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.

Globalstar, Inc. (NYSE American: GSAT) (“Globalstar” or the “Company”) today announced its financial results for the third quarter ended September 30, 2024.

Globalstar, Inc. (NYSE American: GSAT) will announce its third quarter 2024 financial and operating results on Thursday, November 7, 2024 after the market closes. The release will be available over the wire and from the Globalstar, Inc. website at www.globalstar.com. The Company will also conduct a conference call on Thursday, November 7, 2024 at 5:00 p.m. Eastern Time (ET) to discuss these results. Details are as follows:

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.

Globalstar, Inc. (NYSE American: GSAT), a next-generation telecommunications infrastructure and technology provider, today announced that it will participate in MWC Las Vegas 2024.

Liquid Intelligent Technologies (Liquid), a business of Cassava Technologies, a leading technology group, is pleased to announce a strategic partnership with American connectivity innovator Globalstar to deliver advanced 5G connectivity solutions across Africa, the Middle East, and the Gulf.

Globalstar, Inc. (NYSE American: GSAT), the next-generation mobile satellite and communications services provider, today announced that the United States Federal Communications Commission (“FCC” or “the Commission”) has issued an order granting Globalstar’s application to extend the term of its senior HIBLEO-4 authorization by an additional 15 years and operate up to 26 replacement satellites.

Globalstar, Inc. (NYSE American: GSAT) today announced its financial results for the second quarter ended June 30, 2024.

Globalstar, Inc. (NYSE American: GSAT) will announce its second quarter 2024 financial and operating results on Thursday, August 8, 2024 before the market opens. The release will be available over the wire and from the Globalstar, Inc. website at www.globalstar.com. The Company will also conduct a conference call on Thursday, August 8, 2024 at 9:00 a.m. Eastern Time (ET) to discuss these results. Details are as follows:

Globalstar, Inc. (NYSE American: GSAT) today announced its operating and financial results for the first quarter ended March 31, 2024.

Globalstar, Inc. (NYSE American: GSAT) will announce its first quarter 2024 financial and operating results on Wednesday, May 8, 2024 after the market closes. The release will be available over the wire and from the Globalstar, Inc. website at www.globalstar.com. The Company will also conduct a conference call on Wednesday, May 8, 2024 at 5:00 p.m. Eastern Time (ET) to discuss these results. Details are as follows:

Globalstar, Inc. (NYSE American: GSAT), the leader in satellite messaging and emergency notification technologies, today announced a 10,000 rescue milestone. This achievement reflects Globalstar’s unwavering commitment to safety and preparedness, through its award-winning product portfolio with SPOT satellite messengers leading the way.

Globalstar, Inc. (NYSE American: GSAT), a next-generation telecommunications infrastructure and technology provider, today announced that members of the Company’s executive team will be participating in the following investor conferences:

Globalstar, Inc. (NYSE American: GSAT) today announced its operating and financial results for the fourth quarter and year ended December 31, 2023.

Globalstar, Inc. (NYSE American: GSAT) today announced the commercial availability of XCOM RAN, a multipoint radio access network (RAN) that delivers greater capacity and coverage in dense 5G wireless applications with significantly more efficient use of spectrum. XCOM RAN supports high capacity and seamless mobility that allows optimizing applications such as industrial automation systems, stadium streaming services, enterprises, campuses, mining, and extended reality.

Globalstar, Inc. (NYSE American: GSAT) will announce its fourth quarter and annual 2023 financial and operating results on Wednesday, February 28, 2024 before the market opens. The release will be available over the wire and from the Globalstar, Inc. website at www.globalstar.com. The Company will also conduct a conference call on Wednesday, February 28, 2024 at 9:00 a.m. Eastern Time (ET) to discuss these results. Details are as follows:

Globalstar, Inc. (NYSE American: GSAT) today announced its operating and financial results for the third quarter and year to date period ended September 30, 2023.

Globalstar, Inc. (NYSE American: GSAT), a next-generation telecommunications infrastructure and technology provider, today announced that members of the Company’s executive team will be participating in the following investor conferences:

Globalstar, Inc. (NYSE American: GSAT) will announce its third quarter and year to date 2023 financial and operating results on Thursday, November 2, 2023 before the market opens. The release will be available over the wire and from the Globalstar, Inc. website at www.globalstar.com. The Company will also conduct a conference call on Thursday, November 2, 2023 at 9:00 a.m. ET to discuss these results. Details are as follows:

Globalstar, Inc. (NYSE American: GSAT) (“Globalstar”) today announced that Paul E. Jacobs, Ph.D., founder and CEO of XCOM Labs and former CEO and Executive Chairman of Qualcomm, has been appointed CEO of Globalstar, effective immediately. Dr. Jacobs has also been appointed to Globalstar’s Board of Directors. He succeeds David Kagan, who will retire as Globalstar’s CEO.

Globalstar, Inc. (NYSE American: GSAT) today announced its operating and financial results for the quarter ended June 30, 2023.

Globalstar, Inc. (NYSE American: GSAT) will announce its second quarter 2023 financial and operating results on Thursday, August 3, 2023 before the market opens. The release will be available over the wire and from the Globalstar, Inc. website at www.globalstar.com. The Company will also conduct a conference call on Thursday, August 3, 2023 at 9:00 a.m. EDT to discuss these results. Details are as follows:

Globalstar, Inc. (NYSE American: GSAT), a leading telecom infrastructure provider, today announced that it has engaged Jason Bernstein of Asterisk Capital to provide strategic advice on the Company’s program for investor relations, which in part will include Jason coordinating non-deal roadshow meetings in select cities as discussed on Globalstar’s last earnings call.

Globalstar, Inc. (NYSE American: GSAT) today announced its operating and financial results for the quarter ended March 31, 2023.

Globalstar, Inc. (NYSE American: GSAT) will announce its first quarter 2023 financial and operating results on Friday, May 5, 2023 before the market opens. The release will be available over the wire and from the Globalstar, Inc. website at www.globalstar.com. The Company will also conduct a conference call on Friday, May 5, 2023 at 9:00 a.m. ET to discuss these results. Details are as follows:

Globalstar, Inc. (NYSE American: GSAT), a leading telecom infrastructure provider, today announced that it has entered into a purchase agreement with an affiliate of Värde Partners and others providing for the sale of $200 million in aggregate principal amount of 13% Senior Notes due 2029. This transaction is expected to close on or around March 31, 2023. The notes are non-convertible and therefore do not result in equity dilution. Goldman Sachs & Co. LLC acted as exclusive placement agent to Globalstar in connection with the financing.

Globalstar, Inc. (NYSE American: GSAT), today announced that the Kingdom of Thailand’s Office of The National Broadcasting and Telecommunications Commission (NBTC) has authorized the provision of Globalstar mobile satellite services throughout Thailand, including the authority to operate its new ground station at Thaicom’s Teleport Center in Patumthani province north of Bangkok.

Globalstar, Inc. (NYSE American: GSAT) today unveiled Realm Cloud, an agile mobile device and data management (MDM) platform designed to enable VARs and customers with all the capabilities required to solve speed-to-market needs for deploying and building customized asset tracking and telematics solutions while lowering the cost of ownership.

Globalstar, Inc. (NYSE American: GSAT), a leading telecom infrastructure provider, has signed a strategic collaboration agreement with Qualcomm Technologies, Inc. involving a portfolio of 5G Private Network technologies, including Qualcomm® FSM™ 5G RAN Platforms for small cells, as well as select Qualcomm Snapdragon™ Modem-RF Systems, supporting Rel 15/16, that will utilize Globalstar Band n53 terrestrial spectrum around the world.

Globalstar, Inc. (NYSE American: GSAT) today announced its operating and financial results for the fourth quarter and year ended December 31, 2022.

Globalstar, Inc. (NYSE American: GSAT) will announce its fourth quarter and annual 2022 financial and operating results on Wednesday, March 1, 2023 before the market opens. The release will be available in the Investor Relations section of Globalstar’s website at www.globalstar.com. The Company will also conduct a conference call on Tuesday, March 7, 2023 at 9:00 a.m. Eastern Time (ET) to discuss these results. Details are as follows:

Globalstar, Inc. (NYSE American: GSAT), today announced that Spain has authorized the company to provide complementary terrestrial services, over its mobile satellite spectrum including LTE and 5G compliant services via Band 53/n53. This marks a major step forward in the convergence of satellite and mobile terrestrial services to connect and protect both lives and property globally.

Globalstar, Inc. (NYSE American: GSAT) today announced a commercial agreement with Wiagro, an Agtech start-up from Argentina. Globalstar is supplying Wiagro with 2,500 ST100 satellite modem transmitters for their Smart Silobag®, which allows for the remote monitoring of grain conditions stored in silo bags. The partnership is effective immediately with completion of deployment anticipated through the end of 2024.

Globalstar, Inc. (NYSE American: GSAT) today announced its operating and financial results for the quarter ended September 30, 2022.

Globalstar, Inc. (NYSE American: GSAT) will announce its third quarter 2022 financial results and business update on Thursday, November 3, 2022, after the market closes.

Globalstar, Inc. (NYSE American: GSAT) today announced that it will hold an Investor Day on Wednesday, November 16, 2022, at 9:00 a.m. ET in New York City.

Globalstar (NYSE American: GSAT), has partnered with Globalsat Group to deploy a jointly developed IoT solution powered by Globalstar’s satellite network designed to monitor renewable energy stations located in remote areas of Latin America. The initial deployment will include 23,000 devices throughout the region with an expectation of additional opportunities in the short term.

Globalstar, Inc. (NYSE American: GSAT) today announced its operating and financial results for the quarter ended June 30, 2022.

Globalstar, Inc. (NYSE American: GSAT) will announce its second quarter 2022 financial results and business update on Thursday, August 4, 2022 after the market closes.

Globalstar, Inc. (NYSE American: GSAT), a leading mobile satellite services and connectivity provider, today introduced Realm Enablement Suite, an innovative portfolio of satellite asset tracking hardware and software solutions featuring a powerful application enablement platform for processing smart data at the edge. With Realm, partners can accelerate new solutions to market with AI-enabled applications that generate an advanced level of telematics data. By defining smart data at the edge, users send only the data they need over the highly reliable Globalstar LEO satellite network to the customer endpoint – significantly reducing transmission costs.

Globalstar, Inc. (NYSE American: GSAT), a leading provider of satellite-powered innovation, today announced the successful launch of the FM-15 spare satellite from Cape Canaveral’s Kennedy Space Center. FM-15 is the 25th and final satellite of Globalstar’s second-generation constellation, which was manufactured and stored by Thales Alenia Space. The satellite is expected to remain as an in-orbit spare and will only be raised to its operational orbit at a future date, if needed.

Globalstar, Inc. (NYSE American: GSAT) today announced its operating and financial results for the quarter ended March 31, 2022.

Globalstar, Inc. (NYSE American: GSAT) will announce its first quarter 2022 financial results and business update on Thursday, May 5, 2022 after the market closes.

Globalstar, Inc. (NYSE American: GSAT) today announced operating and financial results for the fourth quarter and year ended December 31, 2021.

Globalstar, Inc. (NYSE American: GSAT) today announced that the Company has entered into a satellite procurement agreement (the “Procurement Agreement”) with Macdonald, Dettwiler and Associates Corporation (“MDA”) pursuant to which Globalstar will acquire 17 new satellites that will replenish and extend the life of Globalstar’s existing constellation. Globalstar is acquiring the satellites to provide continuous satellite services to the potential customer under the Terms Agreement described in the Company’s Annual Reports, as well as services to Globalstar’s current and future customers. Rocket Lab USA, Inc. is the principal satellite bus subcontractor under the Procurement Agreement.

Globalstar, Inc. (NYSE American: GSAT) will announce its fourth quarter and annual 2021 financial results and business update on Thursday, February 24, 2022 after the market closes.

Globalstar, Inc. (NYSE American: GSAT) today announced its operating and financial results for the quarter ended September 30, 2021.

Globalstar, Inc. (NYSE American: GSAT) today announced its operating and financial results for the quarter ended June 30, 2021.

Globalstar, Inc. (NYSE American: GSAT) (“Globalstar” or the “Company”) today announced a partnership with FocusPoint International Inc. to provide crisis assistance services under the Global Overwatch & Rescue™ Plan to Globalstar customers worldwide.

SPOT LLC, a wholly-owned subsidiary of Globalstar, Inc. (NYSE American: GSAT) and leader in satellite messaging and emergency notification technologies, today announced its partnership with Desert Vets Racing, an off-road racing organization founded by military veterans for veterans and active duty personnel. As part of the partnership, SPOT is providing the organization with goods and services to enable communication and driver safety while off-roading in areas without terrestrial connectivity.

Globalstar, Inc. (NYSE American: GSAT) today announced its operating and financial results for the quarter ended March 31, 2021.

Globalstar, Inc. (NYSE American: GSAT) will announce its first quarter 2021 financial results on Thursday, May 6, 2021 after the market closes.

Globalstar, Inc. (NYSE American: GSAT) announced today that it will participate virtually in the 24th Annual Burkenroad Reports Investment Conference. David Kagan, CEO, will present at 10:00 a.m. CDT. A live stream and archive link of the presentation as well as a copy of the presentation materials will be made available on the investor relations page of Globalstar’s website. This event is free and open to the public, those interested may register for the event at http://burkenroad.org.

Globalstar do Brasil Ltda., a wholly owned subsidiary of Globalstar, Inc. (NYSE American: GSAT) and Cisa Trading, a company with 25 years of experience in trading operations within the oil and gas sector have partnered together to bring asset management solutions to Brazil.