Globalstar, Inc. provides mobile satellite services in the United States, Canada, Europe, Central and South America, and internationally. 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. It also provides data transmissions using a mobile or fixed device that transmits the location of the device and other information to a central monitoring station, including commercial IoT products; communication and data transmissions using SPOT family of devices, such as SPOT X, SPOT Gen4, and SPOT Trace that emergency alerts, and transmit messages and the location of the device; and voice communication and data transmissions. In addition, the company offers commercial IoT devices to track assets comprising cargo containers and rail cars, monitor utility meters, and monitor oil and gas assets; small satellite transmitter modules, such as the STX-3, ST-150 and ST100, and chips that enable an integrator's products to access its network; engineering and other communication services using MSS and terrestrial spectrum licenses; and hardware and software designs to develop specific applications operating over satellite network, as well as the installation of gateways and antennas. It distributes its products through retailers and sales force, as well as www.findmespot.com e-commerce website. The company serves recreation and personal, government, oil and gas, maritime, construction, and transportation, as well as mining, leisure, emergency services, agriculture, and forestry markets. Globalstar, Inc. was founded in 1993 and is headquartered in Covington, Louisiana.

Globalstar Inc.

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Globalstar stock climbed on Thursday alongside reports of a potential deal with Amazon.


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Amazon ($AMZN) is in talks to buy satellite communications firm Globalstar ($GSAT) for about $9 billion to compete with Elon Musk’s SpaceX. The new...

Amazon Weighs $9B Globalstar Takeover to Compete with SpaceX

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Globalstar Stock (GSAT) Surges 16% as Satellite Maker Benefits from SpaceX IPO Fever

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Current Quarter	$-0.02	Next Quarter	$0
Current Year	$0.02	Next Year	$0.3
QoQ Growth	+100.0%	YoY Growth	+1400.0%
3Y EPS CAGR	+13.1%	Target Price	$69.75
Consensus	Buy	Upside	-3.9%

Current Quarter Rev	N/A	Next Quarter Rev	N/A
Revenue Growth	N/A	YoY Growth	N/A

	A	B	C	D
1	Symbol	Price	Change	Volume
2	GSAT	$72.57	-6.64%	1.48M
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	A	B	C	D
1	Symbol	Price	Change	Vol
2	GSAT	$72.57	-6.6%	1.48M
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GSAT

GSAT

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