|Bid||0.0000 x 3100|
|Ask||0.0000 x 1400|
|Day's Range||0.0000 - 0.0000|
|52 Week Range|
|Beta (3Y Monthly)||0.14|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 12, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.53|
Globalstar, Inc. (NYSE American: GSAT), a leading provider of mobile satellite voice and data services, today announced its partnership with Nokia. One of the key enablers is spectrum for local deployments combined with an appropriate automation platform. Globalstar and Nokia have developed an innovative solution, which allows enterprises to deploy intelligent network applications in a dedicated spectrum band.
Globalstar, Inc. (NYSE American: GSAT), a leading provider of mobile satellite voice and data services, today announced its partnership with Ceres Tag, a leader in livestock information systems using a proprietary smart ear tag, to conduct its final stages of commercial large-scale trials for the provenance and management of livestock. The Globalstar and Ceres Tag partnership aims to improve efficiencies within the agriculture industry with benefits including livestock theft detection, better operational management for livestock location, improved provenance along the entire supply chain, improved detection and tracking for health and bio-security systems and more information on animal welfare.
It was a rough fourth quarter for many hedge funds, which were naturally unable to overcome the big dip in the broad market, as the S&P 500 fell by about 4.8% during 2018 and average hedge fund losing about 1%. The Russell 2000, composed of smaller companies, performed even worse, trailing the S&P by more […]
With Sat-Fi2® Remote Antenna Station, Users Can Access the Globalstar Satellite Network via Any Wi-Fi Enabled Smart Device for Reliable Connectivity Inside Vehicles, Vessels and Re
MISSISSAUGA, ON , Sept. 9, 2019 /CNW/ - Globalstar Canada Satellite Co., a wholly owned subsidiary of Globalstar Inc. (NYSE MKT: GSAT) and a leader in satellite communications and technologies, introduces a new SPOT X® two-way satellite messenger. Users now have the flexibility to use the new SPOT X device to connect to a smartphone via Bluetooth® wireless technology through the SPOT X app to send and receive satellite messages. When you are off the grid or have unreliable cellular coverage, SPOT X provides satellite communications and emergency notification technology to the avid adventurer or the remote worker as the world's only two-way satellite messenger with full QWERTY keyboard.
Twenty years ago, Jason Mudrick launched his own distressed credit and event driven-oriented hedge fund, Mudrick Capital Management. The fund is headquartered in New York City, and its current Chief Investment Officer is its founder. At the time of the launching, the fund had around $5 million of initial capital and over the years, it […]
Globalstar, Inc. (NYSE American: GSAT) announced today that its Board of Directors has approved a $62.0 million non-convertible bridge facility (“Bridge Facility”) to fund June 2019 principal and interest payments to lenders of its senior credit facility guaranteed by BPIFAE (“BPIFAE Facility”) and to maintain compliance under the BPIFAE Facility. The Bridge Facility will be fully subordinated to the BPIFAE Facility and will be senior to the existing Thermo Subordinated Loan. The facility will bear payable-in-kind interest and is expected to be replaced by a new second lien facility concurrent with a broader refinancing in the near-term.
Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […]
Globalstar, Inc. (NYSE American: GSAT) announced that it has received MSS and terrestrial authorizations in South Africa, Mozambique, Gabon, and Rwanda. In these countries, Globalstar has obtained terrestrial LTE authority over its entire 16.5 MHz of S-band spectrum (2483.5-2500 MHz), most with permissible power limits suitable for both macro and small cell deployments. Globalstar has established domestic subsidiaries with experienced and qualified partners who bring extensive knowledge of their local markets and are poised for success domestically and regionally with both MSS and terrestrial LTE service offerings.
Today, Globalstar, Inc. announced that they will be showcasing with Nokia the benefits of a Band 53 TDD-LTE solution for private network applications geared specifically to the critical communications needs of utilities around the world at the upcoming UTC Telecom & Technology Conference in Fort Worth, Texas.
Globalstar, Inc. of Covington, LA (NYSE American: GSAT) and Echo Ridge, LLC of Sterling, VA have informed the U.S. Department of Transportation that the companies have developed and are prepared to participate in and support a live field demonstration of a stand-alone positioning, navigation, and timing (PNT) capability that can provide accurate and reliable PNT services to backup and/or complement GPS in case of GPS unavailability or unreliability. The companies responded on June 3 to a DOT announcement and request for information regarding DOT’s plans to conduct a field demonstration of technologies capable of providing backup and/or complementary PNT in the event of a temporary disruption to GPS.
In the last several weeks, and during the summer months especially, these backcountry occurrences are all too prevalent, but most are preventable when equipped with a SPOT personal tracking device. SPOT LLC, a Globalstar, Inc. company (NYSE American: GSAT), is focused on saving lives and has dramatically lowered the cost to own and use its lifesaving devices this summer, amidst peak hiking season. SPOT products have been instrumental in saving lives for over 10 years -- SPOT devices have assisted in saving over 190 hiking related incidents in the past year.