Press Releases

Globalstar Satellites Powering Communications for Recon Powerline Wildfire Prediction and Warning Platform

May 6, 2019

Globalstar, Inc. (NYSE American: GSAT) announced today that the company has entered a long-term strategic relationship with Seattle-based Recon Powerline allowing the company to use Globalstar's satellite and multi-radio modems to help address the growing issue of wildfire risk management. 
Read More »

Globalstar Announces First Quarter 2019 Results

May 2, 2019

Globalstar, Inc. (NYSE American: GSAT) today announced its financial results for the quarter ended March 31, 2019. Dave Kagan, Chief Executive Officer, commented, "We continued to penetrate the commercial IoT market during the first quarter, evidenced by a 16% increase in this subscriber base which has grown to over 390,000 customers at the end of the quarter. 
Read More »

GLOBALSTAR, INC. EARNINGS CALL RELEASE NOTICE

April 26, 2019

Globalstar, Inc. (NYSE American: GSAT) will announce its first quarter 2019 financial results on Thursday, May 2, 2019 before the market opens. The Company will conduct a conference call that morning at 8:30 a.m. Eastern Time to discuss these financial results. 
Read More »

Globalstar to Participate in 23rd Annual Burkenroad Reports Investment Conference

April 26, 2019

Globalstar, Inc. (NYSE American: GSAT) announced today that it will participate in the 23rd Annual Burkenroad Reports Investment Conference in New Orleans, LA. Tim Taylor, Vice President of Finance, Business Operations and Strategy, will present at 8:30 a.m. CDT at the Sheraton New Orleans Hotel on Friday, April 26, 2019. 
Read More »

GLOBALSTAR ANNOUNCES 2018 FOURTH QUARTER AND ANNUAL RESULTS

February 28, 2019

Globalstar, Inc. (NYSE American: GSAT) today announced financial and operating results for the fourth quarter and year ended December 31, 2018. Dave Kagan, Chief Executive Officer of Globalstar, commented, "In December, we completed pivotal events positioning us well to realize the value of our assets. First, we announced that the Third Generation Partnership Project (“3GPP”) approved Globalstar’s S-band spectrum at 2483.5-2495 MHz for terrestrial use. The 3GPP standardization approval represents the culmination of intensive standards work driven by our technical team and the wireless industry’s support leading to Globalstar’s newly designated 3GPP Band 53. Second, we settled an ongoing litigation with certain large shareholders. 
  
Read More »

GLOBALSTAR, INC. EARNINGS CALL RELEASE NOTICE

February 22, 2019

Globalstar, Inc. (NYSE American: GSAT) will announce its fourth quarter and annual 2018 financial results on Thursday, February 28, 2019 after the market closes. The Company will conduct a conference call that evening at 5:00 p.m. Eastern Time to discuss these financial results. 
Read More »

GLOBALSTAR, INC. ANNOUNCES CLOSING OF PUBLIC OFFERING OF VOTING COMMON STOCK

December 21, 2018

Covington, LA, December 21, 2018 - Globalstar, Inc. (“Globalstar”) (NYSE American: GSAT), a leading provider of mobile satellite voice and data services to businesses, governments, and individuals, today announced that it has completed the sale of its previously announced public offering of 171,428,571 shares of its voting common stock. The aggregate net proceeds to Globalstar from the offering are approximately $58.9 million, after deducting underwriting discounts and commissions and other expenses.

 
Read More »

GLOBALSTAR, INC. ANNOUNCES PRICING OF PUBLIC OFFERING OF VOTING COMMON STOCK

December 19, 2018

Globalstar, Inc. (“Globalstar”) (NYSE American: GSAT), a leading provider of mobile satellite voice and data services to businesses, governments, and individuals, today announced the pricing of a registered underwritten public offering of 171,428,571 shares of its voting common stock at a price to the public of $0.35 per share, before underwriting discounts and commissions. The gross proceeds to Globalstar from the offering, before deducting underwriting discounts and commissions and other estimated offering expenses payable by Globalstar, are expected to be approximately $60 million. The offering is expected to close on December 21, 2018, subject to customary closing conditions.  Additionally, Globalstar granted the underwriter a 30-day option to purchase up to an additional 25,714,285 shares of voting common stock at the public offering price, less underwriting discounts and commissions. All of the shares of voting common stock in the offering will be sold by Globalstar. 
Read More »

GLOBALSTAR, INC. ANNOUNCES PROPOSED PUBLIC OFFERING OF $60 MILLION IN SHARES OF VOTING COMMON STOCK

December 18, 2018

Globalstar, Inc. (“Globalstar”) (NYSE American: GSAT), a leading provider of mobile satellite voice and data services to businesses, governments, and individuals, today announced that it has commenced an offer of $60 million in shares of voting common stock in a registered underwritten public offering. The offering will be subject to market and other conditions. In addition, Globalstar intends to grant the underwriter a 30-day option to purchase up to $9 million in additional shares of voting common stock. 
Read More »

GLOBALSTAR ANNOUNCES 3GPP APPROVAL OF BAND 53 FOR 2.4 GHz TERRESTRIAL SPECTRUM

December 17, 2018

Globalstar, Inc. (NYSE American: GSAT) (“Globalstar” or the “Company”), announced that the Third Generation Partnership Project (“3GPP”) has approved a global standard for terrestrial use of Globalstar’s spectrum at 2483.5-2495 MHz. 
Read More »
Displaying results 11-20 (of 35)
 |<  <  1 - 2 - 3 - 4  >  >| 
Archive