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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
SpaceX (NASDAQ:SPCX | SPCX Price Prediction) never ceases to be in the headlines, it seems.
Globalstar (GSAT) came out with a quarterly loss of $0.23 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to earnings of $0.13 per share a year ago.
Globalstar (NASDAQ: GSAT - Get Free Report) and Swisscom (OTCMKTS:SCMWY - Get Free Report) are both large-cap communication services companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, analyst recommendations, dividends, profitability, risk, institutional ownership and earnings. Insider and Institutional Ownership 18.9% of Globalstar shares