U.S. Markets closed

Globalstar, Inc. (GSAT)


NYSE MKT - NYSE MKT Delayed Price. Currency in USD
Add to watchlist
2.03-0.07 (-3.33%)
At close: 4:01PM EDT
People also watch
XGTIEBIOGEVOMGTGLUU
  • Globalstar is the #1 most shorted stock on the market. By a long shot. Buckle up!
    http://online.wsj.com/mdc/public/page/2_3062-amexshort-highlites.html

    Short Interest Tables - WSJ.com
    online.wsj.com
  • Our favorite YH poster wonders aloud how Globalstar can cover the earth between the 70 degree parallels with only 24 2G satellites?

    Of course, Inmarsat can cover almost the entire earth with only 3 satellites in Ka, Ku and L-band. How? Because, geosynchronous satellites operate at an altitude of 22,000 miles. Iridium does it with 66 satellites at an altitude of 666 miles. (Ominous numerology, don't you think?) And, they spend 1/3 of their respective orbits over the ice caps. So, if they didn't do that, they would only need 44 satellites between the 70s.

    Globalstar, on the other hand, has a constellation that orbits at an altitude of about 860 miles. That increases the radius of their satellites' respective footprints significantly, lowering the needed satellites for full coverage. And, Globalstar has retained the 8 2007 1G satellites, in the primary constellation, with one in each orbital plane. That's a total of 32 satellites in the primary constellation, with the older satellites having been moved to disposal orbits above the primary constellation.

    Globalstar is doing exactly what they said they would.

    What's humorous is PCSTEL's contention that longs are desperate. Big funds are like Vangard are long. Iridium needs 6 more perfect launches to have a similar 2G constellation. Maybe it will be done in 2018. Maybe. Then they will have whopping "L-band data speeds of up to 128 kbit/s to mobile terminals" vs. 256 Kbps for Globalstar. The 1.4 Mbps they are touting is for enterprise-level OpenPort terminals. They will be much more expensive, with prices in the $4-$5K range, and they will still have poorer quality and latency because of the ISLs.

    Globalstar could reach 1 Mbps too with a 4X ganged modem similar in configuration to a prior 1G product. Of course with Yipi appliances doing most of the processing at the gateways, the RDP virtual desktop will seem very fast to users.

    GLTLs.
  • Guys, we have a problem, I think.
    Maglan posted today a new post on stocktwits.
    Main point: from last news we all understood next thing; "We have 3 months to sell the company or else raise $114mm of equity."
    Maglan also wrote: "A lot of things can happen before October: one or more int'l approvals, a spectrum lease deal with a partner &/or a sale of co @ $10+"

    You may think it is positive, but NO! As we all here know, Maglan is very large Investor, as he says. Before approval he wrote, that all what we need - approval and we will see 'Money'. After approval, he wrote we have to wait till July... I think, 2 weeks more and we will see 'numbers' and profits and gains from license.
    But now, it seems Maglan thinks; "A $114mm equity raise for a $2.5bn market cap is not a relatively large amount. I don't expect retail to get hands on raise" .... So, anyone of you think that if Jay is going to pay 114mm again as a positive sign? Don't think so. Longs, I hope you remember, that everyone here and even Jay told, that there is a partner and we will get "the name" soon. (3-4 years ago)
    If there is BO, why do we even talk about how is it positive that Jay is buying cheap?!

    I don't believe in BO, because Jay never told about possibility to sell the company.
    I believe in partner, however, where is he? we need money and partner, but sometimes it seems there is no one.

    We have a license, it means we will get a lot of money (let's see next cc)
    IMHO, if Jay will buy shares cheap again, we have a problem. I hope, there will be a partner and may be in August we will get "the name".
  • Chance to load up at current price for Monday gains
  • The wonderful bull run that began Dec 1st for this stock ended on May 15th. Looks the like the short game is back in full force. That means a slow drip lower for the remainder of the year barring any big news. Below 1.50 by December.
  • One can clearly see the DESPERATION BY SatFi the SHILL when he attempts to sell you SATFI FACTS about the data speeds of Iridium NEXT.. LOL!!

    Here is a nice piece of data.. LOL! Look at those data rates delivered to the cockpit at 500mph.. But, Ole SatFi has been making up more SatFi Facts and trying to reassure you the Iridium NEXT will only operate at 156kbs in mobile applications. LOL Proof positive that shows why Ole' SatFi is known as the boards PATHOLOGICAL L!@R

    https://www.faa.gov/about/office_org/headquarters_offices/ato/service_units/systemops/ato_intl/documents/cross_polar/CPWG23/CPWG23_Brf_Iridium_Update.pdf

  • From marketing material from the $265 Global 2-way text DeLorme inReach SE Satellite Tracker

    Truly Global Coverage
    The DeLorme inReach is powered by Iridium, which commands the world’s farthest-reaching commercial satellite constellation. Needless to say, you don’t want to gamble with your life on one-way networks, delays or coverage gaps. Oh, and it’s the only satellite network that provides complete global coverage and two-way communication.

    This Spot X device better be really cheap.

    PCSTEL
  • Shorts have tried their best this 3 days to bring the stock down. It is going up today. There will be a short squeeze
  • Recommended Reading: this SpaceIntelReport July 10th article was previously only viewable behind a subscription paywall, but is now freely viewable to all:
    http://www.spaceintelreport.com/french-bpifae-export-credit-agency-gives-globalstar-oct-30-find-102-million/

    French BPIFAE export-credit agency gives Globalstar until Oct. 30 to find $114 million - Space Intel Report
    PARIS — Mobile satellite services provider Globalstar Inc. has agreed to seek a strategic investor or find some other source of cash as part of the latest agreement it reached with its creditors, led by the French government, Globalstar said July 7.
    www.spaceintelreport.com
  • SpaceX satellite mega-constellation attracts competitors’ fire
    by Peter B. de Selding | Jul 17, 2017

    https://www.spaceintelreport.com/spacex-satellite-mega-constellation-attracts-competitors-fire/

    "SpaceX: We can’t launch 4,425 satellites – 1.7 million kilograms’ worth – in 72 months

    "SpaceX and Boeing, which is designing its own low-orbit constellation, have told the FCC they cannot make this deadline. They argue they should be allowed to operate even if they can only launch a piece of their constellation in the six-year limit.

    "Even SpaceX, a launch-service provider with better rocket access than most satellite operators, cannot complete the launch 4,425 satellites — more than 1,700 metric tons of satellite hardware — within six years of its license."

    They also state:

    "Each satellite is expected to weigh 386 kilograms at launch, with phased-array beam-forming antennas, optical inter-satellite links and enough fuel to assure that each spacecraft is directed into the Earth’s atmosphere at the end of its five- to seven-year operating life."

    In other words, the earliest launched satellites will run out of fuel BEFORE the entire constellation can be launched. Therefore, the constellation will never be completed. This plan has two purposes, 1) to secure spectrum from regulators and 2) to stimulate SpaceX launch business.

    And:

    "The company has specifically said it would reserve propellant to power its retiring satellites to an altitude of 300 kilometers — below the International Space Station — before shutting them down and letting them burn up on reentry into the Earth’s atmosphere."

    Early satellites will reach EOL and be de orbited before constellation completion. It's a perpetual launch revenue machine for SpaceX. It will never be finished IMHO. The reality of launch logistics is what killed Teledesic in the 90s. SpaceX has admitted they can't do it either. Neither can OneWeb IMHO. They would have launch 100+ satellites per year to make the 6-year deadline.

    SpaceX satellite mega-constellation attracts competitors' fire - Space Intel Report
    PARIS — SpaceX’s planned constellation of 4,425-satellites for direct-to-home internet delivery has come under fire by competitors who want regulators to reject SpaceX’s request for a waiver of in-service and coverage deadlines. Several competitors a
    www.spaceintelreport.com
  • So PC, since you are not Richard Foley, who posts elsewhere as ORBITRAX, including on TMF Associates blog, you "did not" write the following in response to TMF's blog:

    "* ORBITRAX said,
May 11, 2016 at 7:41 pm
It will also be interesting if Microsoft takes upon itself to test MSS interference with standard power level Channel 14 WiFi. This experimental license will give them the unique opportunity to test the actual impact of standard Channel 14 WiFi on Globalstar S Band MSS operations."

    See:

    tmfassociatesDOTcom/blog/2016/05/11/jay-cries-uncle/

    So PCSTEL, even though you have stated for years that "orbitrax.com" is your website, here and on the IRDM MB, you are NOT (?) the same person who posted to TMF's blog noted above? And, that the multiple GoDaddy websites, registered in Whois to Richard Foley, that are variations of orbitracks.com, orbitracs.com, ORBITRAX.com, etc., etc., are not yours.

    BTW, thanks so much for all the "help" you've provided investors here over the years. I'm sure they have all appreciated your efforts, those of TMF, Gerst, Adrangi et al.
    Orbitrax
    An investors outlook of the MSS industry and its projections, strengths, flaws, and potential dominance or demise.
    orbitrax.com
  • Good Evening Everyone,

    I want all of you to go back and review the Sprint Nextel deal then try to imagine a similar marriage with a larger Telecom (not necessarily Sprint but highly likely) and GSAT.

    in order for the Sprint Nextel deal to go through what did the balance sheets look like for each company? what did sprint need to do so that it could acquire Nextel? What were the lessons learned?

    who needs GSAT services? Auto manufacturers, Google, apple, Amazon, a Telecom, SiriusXM?

    think critically about these questions really research this I think you will be surprised what you find out. you will also see where this company is going.
  • With options expiring Friday, and the $2.00 Puts out of the money, we will probably see some selling pressure from shorts this week.

    Look for a disinformation effort from the resident manipulators. GLTLs.
  • Looks Like GSAT Is About To Take Off...I'm Seeing Some Serious Accumulation Here !!!
  • I'm not sure I understand the product difference between SPOT X and Sat-Fi 2. SPOT X will have a full qwerty keyboard, Sat-Fi 2 will not because of the WiFi interface. SPOT X will be two-way data (texting). Sat-Fi 2 will be duplex data and voice. But what is this "two-way simplex" mentioned in the 2017 Globalstar Overview presentation? If SPOT X is "two-way simplex" the coverage area will be way better than duplex. See page 14.

    https://www.globalstar.com/en/ir/docs/GlobalstarOverviewPresentation.pdf

  • "It is truly remarkable that a company of Yippy's size has amassed such an impressive suite of telecom and software assets which I believe to be industry-leading with true worldwide application," stated Mr. Clontz.  He continued, "I am further impressed with the quality of talent that Rich and the Yippy team has assembled to build a suite of technology solutions with the potential to create a specialized ubiquitous cloud solutions.  As Yippy's Chief Advisor to the Board of Directors, my goal is to advise the board and senior management on opportunities to leverage Yippy's technology assets and accelerate their business model."
  • MicroCap Alert to GSAT shareholders. Why Clean Energy Technologies (CETY) shares moved up recently and why they are about to rise sharply again. CETY purchased their Heat Recovery Systems from General Electric.
    Each system sells for about $300,000. Demand for CETY HRS is very strong.
    CETY just expanded Europe sales and service office in high demand market
    CETY immediately announced first new sale in Europe
    CETY presenting to 26 Power Companies in the Pacific on July 31st to August 4th – These 26 power companies need CETY HRS to produce power cheaper and make more profits.

    Expect substantial sales orders to flow soon after conference
    CETY 1017 target: $.15 to $.20

    https://www.ppa.org.fj/26th-annual-ppa-conference/

    http://www.prnewswire.com/news-releases/clean-energy-technologies-inc-delivering-low-cost-emission-free-power-with-its-heat-recovery-solutions-clean-cycle-generator-acquired-from-general-electric-international-inc-300228398.html

    26th Annual PPA Conference - Pacific Power Association
    www.ppa.org.fj
  • Globalstar Tweet of this day -- 7:07 AM - 14 Jul 2017 "Have you heard about Sat-Fi? #BeHeard" -- comparing an extant G1 Sat-Fi vs. and Iridium GO!
    https://twitter.com/Globalstar/status/885863286557769728

    Globalstar on Twitter
    “Have you heard about Sat-Fi? #BeHeard”
    twitter.com
  • Intelsat joins group urging U.S. regulator to delay approval of SpaceX constellation
    by Peter B. de Selding | Jul 21, 2017

    https://www.spaceintelreport.com/intelsat-joins-group-urging-u-s-regulator-delay-approval-spacex-constellation/

    "Numerous operators of telecommunications satellites in geostationary orbit have expressed concerns that a large population of satellites in low orbit operating in the same frequencies as those used by the geostationary-orbit systems would wreak havoc on broadcast signal integrity.
    The ITU’s position has been that frequency sharing can be accomplished but that low-orbiting systems must demonstrate their ability to avoid interference with geostationary-orbit satellites. The EPFD assessment is key to the discussion.

    “Ensuring [non-geostationary] system compliance with applicable EPFD limits is vital to protecting geostationary satellite orbit FSS operations, and further time is needed by all potentially affected parties to assess SpaceX’s detailed technical submission,” Intelsat said.

    "Intelsat has a small equity stake in the OneWeb constellation of low-orbiting satellites, but the company’s proposed merger with OneWeb, in a deal financed by SoftBank of Japan, collapsed following the lack of support by Intelsat bondholders.

    "Intelsat nonetheless retains its contractual relationship with OneWeb as a future user of the system and, to that extent, may be considered a SpaceX competitor."

    Well, of course. the "ability to lower or switch off its satellites as they cross into beams from satellites in higher, geostationary orbit" and "progressive pitch", planned to be used by OneWeb, are unproven technologies. They will both cause interference to the GEO arc if they don't work perfectly. Then, there is the HUGE problem of launching THOUSANDS of satellites within the 6-year FCC requirement.

    IMHO, we are YEARS from approval, construction and launch of these HUGE NGSO systems.

    Intelsat joins group urging U.S. regulator to delay approval of SpaceX constellation - Space Intel Report
    PARIS —Intelsat has joined a group of current and prospective satellite fleet operators in asking U.S. regulators to withhold approval of SpaceX’s mega-constellation of low-orbiting satellites until it can be analyzed for interference risk. Intelsat’
    www.spaceintelreport.com
  • Telecom minister Manoj Sinha says no ban on satellite phone services
    Telecom minister Manoj Sinha says the government has put no bar on satellite phone services segment and any entity can start operations in the country
    www.livemint.com