Globalstar successfully launches eight HIBLEO-4 LEO satellites
This Globalstar 2-R mission replenishes the constellation, reinforcing the company's commitment to reliable global connectivity.
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Satellite communications and IoT solutions provider
globalstar.comLast updated
In short: Globalstar entered a definitive agreement to be acquired by Amazon for approximately $11.6 billion and reported strong revenue growth.
This Globalstar 2-R mission replenishes the constellation, reinforcing the company's commitment to reliable global connectivity.
Revenue totaled $64.8 million with record Commercial IoT activations, while net loss was $26.5 million.
The mission will support Globalstar's current-generation LEO constellation; live launch coverage available online.
Revenue increased 17% to $70.1 million, and the company entered a merger agreement with Amazon.
Deal offers up to $90 per share but cash is capped at 40% of shares, and a $97M Apple-linked payment could cut both cash and...
Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announced the successful launch and deployment of its latest satellites, marking another significant milestone...
SpaceX launches a Falcon 9 rocket carrying nine HIBLEO-4 satellites for Globalstar into low Earth orbit from Cape Canaveral Space Force Station in Florida.
Director Benjamin Wolff sold 56,711 shares of Globalstar Inc (GSAT) on August 12, 2026, according to...
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