Globalstar Reaches Key Milestone in $2 Billion ITU Pledge, Completing Over Half of Its Commitment to Advance Global Connectivity
Globalstar, Inc. (GSAT)
Last globalstar, inc. earnings: 2/27 07:30 am
Check Earnings Report
US:NASDAQ Investor Relations:
globalstar.com/investors
Company Research
Source: Business Wire
Globalstar fulfills ongoing initiative through $1 billion investment to expand space and ground infrastructure to support its existing and third-gen C-3 systems COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces significant progress towards its $2 billion pledge made to the International Telecommunication Union (ITU) Partner2Connect initiative in March 2025. The company has now surpassed more than 50 percent of its commitment, investing over $1 billion to strengthen its global satellite network and expand broadband and IoT connectivity capabilities worldwide.As part of this initiative, Globalstar has commissioned new replacement satellites to replenish its existing constellation and commenced the global buildout of its third-generation C-3 system, including both space and ground elements. The C-3 initiative represents the foundation for Globalstar’s next era of mobile satellite ser
Show less
Read more
Impact Snapshot
Event Time:
GSAT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GSAT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GSAT alerts
High impacting Globalstar, Inc. news events
Weekly update
A roundup of the hottest topics
GSAT
News
- Globalstar, Inc. (GSAT): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Globalstar (NASDAQ:GSAT) had its "sell (e+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Globalstar (GSAT) Stock Trades Down, Here Is Why [Yahoo! Finance]Yahoo! Finance
- A Dirt-Cheap Stock to Buy With $3,000 Right Now [Yahoo! Finance Canada]Yahoo! Finance Canada
- Benchmark, Plexus, and Globalstar Stocks Trade Down, What You Need To Know [Yahoo! Finance]Yahoo! Finance
GSAT
Earnings
- 11/6/25 - Beat
GSAT
Sec Filings
- 12/1/25 - Form 4
- 12/1/25 - Form 144
- 11/17/25 - Form 4
- GSAT's page on the SEC website