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GSAT does not currently pay a dividend.
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Globalstar, Inc. operates globally, delivering a range of mobile satellite communication solutions. Its offerings encompass two-way voice and data satellite communication, available for both mobile and fixed applications. This includes providing connectivity and equipment crucial for remote business operations, recreational activities, safety protocols, and emergency response. They also supply stationary satellite communication equipment and services for industrial, commercial, and residential locations, including isolated communities and maritime vessels. Additionally, data modem services…
Bank of America Corp DE decreased its stake in Globalstar, Inc. (NASDAQ: GSAT) by 4.9% during the undefined quarter, according to the company in its most recent disclosure with the SEC. The firm owned 290,456 shares of the company's stock after selling 14,818 shares during the period. Bank of America Corp DE owned
Space company Rocket Lab (Rocket Lab USA Inc (NASDAQ:RKLB) has successfully launched eight satellite platforms built for MDA (TSX:MDA) Space to replenish Globalstar's existing communications constellation. The satellites launched on 15 August from Cape Canaveral Space Force Station at 9.12pm Eastern time, marking the first batch of 17 platforms Rocket Lab is building under a $143 million contract with MDA (TSX:MDA) Space.
MDA SPACE SATELLITES FOR GLOBALSTAR SUCCESSFULLY LAUNCHED PR Newswire TORONTO, Aug. 16, 2026
First set of eight satellites for Globalstar 2-R mission deployed to low Earth orbit on a SpaceX Falcon 9 rocket, marking the beginning of the commissioning phase TORONTO, Aug. 16, 2026 /PRNewswire/ -- MDA Space Ltd. (TSX: MDA) (NYSE: MDA), a leading provider of advanced technology and services to the rapidly expanding global space industry, confirms the successful deployment of the initial eight replenishment satellites for Globalstar Inc.'s (NASDAQ:GSAT) existing low Earth orbit (LEO) constellation.
Satellites launched aboard SpaceX Falcon 9 rocket reach orbital plane Satellites launched aboard SpaceX Falcon 9 rocket reach orbital plane