Investing

Globalstar : GSAT

GSAT

Stock Data

$81.70

$0.60 (0.73%)

Asset Type

Common Stock

Exchange

NASDAQ

Currency

USD

Country

USA

Sector

COMMUNICATION SERVICES

Industry

TELECOM SERVICES

Globalstar Inc. offers a wide range of mobile satellite services worldwide, catering to various sectors including government, public safety, oil and gas, and more. They specialize in two-way voice and data communication, providing essential services for remote business operations, emergency preparedness, and recreational activities. Their product lineup includes the SPOT family for messaging and location tracking, as well as devices for cargo and utility monitoring. Founded in 1993 and based in Covington, Louisiana, Globalstar distributes its solutions through retailers, a dedicated sales force, and an online platform.

All Globalstar Articles

13 Articles

Joel South | Apr 15, 2026 at 11:12 AM EDT

Amazon’s $12B Globalstar Acquisition Paid for Itself 10x Over in One Day

Amazon.com (NASDAQ:AMZN | AMZN Price Prediction) announced it is acquiring satellite company Globalstar (NASDAQ:GSAT) for $11.6 billion, and the market…

David Moadel | Apr 14, 2026 at 2:06 PM EDT

Amazon Rises 5%, Globalstar Jumps 10% as $11.57 Billion Acquisition Ignites a Satellite War With SpaceX

Amazon (NASDAQ:AMZN | AMZN Price Prediction) stock is up 5% today, rising from $239.89 to $252, after the company announced…

David Moadel | Apr 9, 2026 at 1:46 PM EDT

Amazon Gains 5% on Shareholder Letter, Globalstar Deal, $15 Billion AWS AI Revenue

Amazon (NASDAQ:AMZN | AMZN Price Prediction) shares are up 5% in Thursday’s session, climbing from $221.25 to $232 as of…

John Seetoo | Apr 7, 2026 at 3:16 PM EDT

Planet Labs, Rocket Lab, ASTS: Why UFO ETF Is the Boldest Space Bet in 2026

The S&P 500 is down roughly 3% year-to-date while the Procure Space ETF (NYSEARCA:UFO) is up nearly 28% over the…

Jeremy Phillips | Apr 3, 2026 at 8:10 AM EDT

Amazon’s Globalstar play about spectrum, not just hardware

Bloomberg’s Ed Ludlow reported live from Kennedy Space Center that Amazon (NASDAQ:AMZN | AMZN Price Prediction) is in talks to…

Trey Thoelcke | Apr 2, 2026 at 10:15 AM EDT

Apple Investors Face New Risk as Amazon Eyes Takeover of iPhone’s Satellite Partner

Amazon.com (NASDAQ: AMZN | AMZN Price Prediction) is reportedly in talks to acquire Globalstar (NASDAQ: GSAT), Apple’s satellite connectivity partner,…

David Moadel | Apr 2, 2026 at 9:34 AM EDT

Globalstar Soars 10%: Amazon’s Reported Takeover Bid Ignites a Spectrum War With SpaceX

Globalstar (NASDAQ:GSAT) shares are surging 10% in early Thursday trading after the Financial Times reported that Amazon (NASDAQ:AMZN | AMZN Price…

William Temple | Mar 11, 2026 at 8:16 AM EDT

What the CEOs of AST SpaceMobile and Globalstar are saying about the satellite industry today

Two CEOs. Two very different satellite businesses. Both claiming 2026 as their inflection year. What they’re saying reveals a fascinating…

William Temple | Jan 28, 2026 at 5:55 AM EST

Satellite Infrastructure Stocks Surge as Orbital Economy Expands Beyond SpaceX’s Shadow

Everyone wants SpaceX exposure. Problem is, you can’t buy it. While retail investors fantasize about Starlink and Mars colonization, the…

Joey Frenette | Jul 24, 2025 at 10:20 AM EDT

AST SpaceMobile vs. GlobalStar? Which Stock Will Soar Higher?

The satellite connectivity market is an exciting place to invest in for risk-taking investors seeking explosive growth profiles. Undoubtedly, the…

Trey Thoelcke | Jan 6, 2025 at 11:15 AM EST

Huge New Year’s Insider Buying From Warren Buffett and Others

Acquisitions by Warren Buffett and other return buyers highlighted recent insider buying. A biotech company also saw some notable insider…

Trey Thoelcke | Mar 17, 2024 at 9:10 AM EDT

Buffett Can’t Get Enough of This Stock, Plus Other Insider Buying

Warren Buffett boosts his stake in this tracking stock again, plus notable insider buying of communication and aviation stocks in…

Trey Thoelcke | Dec 23, 2023 at 9:03 AM EST

Buffett, Dollar Tree Purchases Highlight Pre-Christmas Insider Buying

Warren Buffett's Berkshire Hathaway has again bolstered its stake in Occidental Petroleum, and action at Dollar Tree also highlights recent…