Globalstar, Inc. (GSAT)
Why T-Mobile, Globalstar, and AST SpaceMobile Stocks All Popped This Morning
If you caught last night's football game, perhaps you noticed the multiple advertisements run by T-Mobile US (TMUS 2.59%) touting the company's offer to let anyone in the U.S. -- not just its own customers -- participate in its new direct-to-cell (DTC) collaboration with SpaceX's Starlink service.
Why AST SpaceMobile Stock Crashed 9% on Wednesday
AST SpaceMobile (ASTS -11.52%) stock crashed to Earth on Wednesday, falling 9.3% through 9:55 a.m. ET, while rival satellite company Globalstar (GSAT -20.94%) lost a staggering 27% of its market cap.
Globalstar: Undervalued And Diversifying Into High Margin High-Growth Opportunities
Globalstar's partnership with Apple cements Globalstar as a leader in the sector. Band n53 is potentially worth $6-$13.8 billion, highlighting Globalstar's significant undervaluation compared to its current market cap. The IoT segment offers high-margin growth opportunities with minimal additional CapEx, supported by increasing demand for remote asset monitoring.
GSAT, Peiker Partner to Boost Satellite-Based Automotive Communication
Globalstar and Peiker Holding Gmbh team up to integrate satellite-based emergency services and telematics features into vehicles.
GSAT Unveils Vision & Growth Plans at Investor Day 2024, Stock Up
At the Investor Day 2024 event, Globalstar shared a roadmap for its future growth by capitalizing on its core assets and provided updated financial outlook.
GSAT & Hawk Networks Team Up to Streamline Access to Band 53 Spectrum
Globalstar's Band 53 Spectrum offers reliability, extensive coverage and flexibility, ideal for fixed wireless, IoT, autonomous vehicles and enterprise operations.
Globalstar Uses XCOM RAN for 5G Data Call on Band n53 Spectrum
GSAT's first 5G call on Band n53 delivers unmatched speeds, setting new standards for secure, high-capacity connectivity in critical applications.
Globalstar has a different price point we can give to the market, says CEO Paul Jacobs
Paul Jacobs, Globalstar CEO, joins 'Closing Bell Overtime' to talk its partnership with Apple, where it sees growth opportunity, and more.
Globalstar: Apple's Satellite Service Expansion And Nasdaq Uplisting Could Launch This Stock Into Orbit
Globalstar's extended agreement with Apple is projected to double annual revenues and improve profitability margins. I expect the Nasdaq uplisting in Q1 2025, accompanied by a reverse stock split, to attract more institutional investors. I see potential in the IOT segment, which could leverage up to 15% of the new MSS network capacity for IOT applications in a rapidly expanding market.
3 Stocks to Watch From the Satellite and Communication Industry
The Zacks Satellite and Communication industry participants like Globalstar (GSAT), Iridium (IRDM) and Telesat (TSAT) are well-poised to gain from increasing proliferation and cheaper access to space technology.
Globalstar: The Next Big Satellite Winner After Deal With Apple?
Globalstar NYSEAMERICAN: GSAT is a stock that had fallen by the wayside for many investors throughout 2024, until recently. Shares were down 45% through the end of October.
Undercovered Dozen: Asbury Automotive, Globalstar, Northland Power, Aquestive Therapeutics +
The 'Undercovered' Dozen series highlights 12 lesser-covered stocks, offering fresh investment ideas and sparking community discussions on their potential. Xometry's AI-driven procurement software in a specialized B2B marketplace shows high-growth potential to Bert Hochfeld, making it a promising investment. Grassroots Trading argues that Boston Scientific's acquisition of Axonics enhances its urology offerings, positioning it strongly in the sacral neuromodulation field.
