Core Insights - Globalstar (GSAT) is expanding its presence in the Internet of Things (IoT) connectivity market through a partnership with Conekt.ai, integrating its Band 53 spectrum and XCOM RAN technology with Conekt.ai's orchestration platform for enhanced multi-network connectivity [1][2][3] Company Developments - The collaboration allows Conekt.ai to provide turnkey connectivity solutions for IoT deployments, enabling enterprise clients to manage and scale IoT applications through a unified orchestration system [2] - GSAT's integration of Band 53 spectrum and XCOM RAN solutions enhances its market capabilities, granting access to a broader customer base in the IoT and enterprise sectors [3] - GSAT's second-quarter 2025 results indicate growth in wholesale capacity services and commercial IoT initiatives, with an increase in average subscribers driven by strong activations [4] - Innovations like the RM200 two-way module and XCOM RAN are expected to further boost GSAT's revenue, with the RM200 module gaining traction in sectors such as oil & gas and defense [5] Competitive Landscape - The satellite and communication industry is highly competitive, with significant players like Iridium Communications and Viasat expanding their market reach, which could impact GSAT's revenue if execution falters [6][9] - Iridium's commercial service segment, which accounts for 59% of its total revenues, is experiencing growth, driven by strong IoT performance [7] - Viasat's acquisition of Inmarsat has enhanced its capabilities, with plans to launch the ViaSat-3 Flight 2 satellite, which will double its bandwidth capacity [10] Financial Performance - GSAT stock has increased by 18.5% in the past month, outperforming the Zacks Satellite and Communication industry, which rose by 2% [11] - The stock is trading at a forward 12-month price/sales ratio of 18.23X, significantly higher than the industry's 1.5X [11] - Earnings estimates for GSAT have been revised upward, with a 77.1% increase for 2025 and a 200% increase for 2026 [11]

Core Insights - U.S. stock markets are experiencing significant gains in 2025, with major indexes like the Dow, S&P 500, and Nasdaq Composite up 10.3%, 14.4%, and 18.2% year-to-date, respectively, nearing all-time highs [1][8] Stock Performance - A weak labor market has led to expectations that the Federal Reserve will continue to lower the benchmark lending rate throughout 2025, although the recent U.S. government shutdown may dampen investor enthusiasm [2] - Five stocks identified as having strong price momentum are Century Aluminum Co. (CENX), DRDGOLD Ltd. (DRD), Globalstar Inc. (GSAT), TAT Technologies Ltd. (TATT), and Sterling Infrastructure Inc. (STRL) [3][8] Stock Screening Criteria - Stocks must show a percentage change in price greater than zero over the last four weeks and greater than 10% over the last twelve weeks to indicate sustained momentum [5] - Stocks should have a Zacks Rank of 1 (Strong Buy) and an average broker rating of 1, indicating strong future performance expectations [6] - Stocks must be trading at a minimum price of $5 and be within 85% of their 52-week high to ensure they are strong performers [7] Individual Stock Highlights - **Century Aluminum Co. (CENX)**: Stock price increased by 35.2% in the last four weeks, with an expected earnings growth rate of 77.4% for the next year [10] - **DRDGOLD Ltd. (DRD)**: Stock price rose by 34.9% in the last four weeks, with an expected earnings growth rate of -0.7% for the current year [11] - **Globalstar Inc. (GSAT)**: Stock price climbed 34.9% in the last four weeks, with an expected earnings growth rate of 66.7% for the current year [14] - **TAT Technologies Ltd. (TATT)**: Stock price surged 24.9% in the last four weeks, with an expected earnings growth rate of 45% for the current year [16] - **Sterling Infrastructure Inc. (STRL)**: Stock price advanced 22.2% in the last four weeks, with an expected earnings growth rate of 56.9% for the current year [19]

Core Insights - Globalstar and Conekt.ai have announced a strategic collaboration to enhance connectivity solutions [1] - The partnership aims to integrate Globalstar's Band 53TM spectrum with Conekt.ai's orchestration platform for improved multi-network connectivity [1] Company Overview - Globalstar is identified as a next-generation telecommunications infrastructure and technology provider [1] - Conekt.ai is recognized as a leading connectivity management platform provider [1] Strategic Collaboration - The collaboration will deliver integrated solutions that combine Globalstar's spectrum and Conekt.ai's private network capabilities [1] - This partnership positions Conekt.ai as a key partner in providing enterprise connectivity solutions [1]

Core Viewpoint - The article emphasizes the importance of identifying and sustaining stock price trends for successful short-term investing, highlighting the need for strong fundamentals and positive earnings revisions to maintain momentum. Group 1: Stock Performance - Globalstar (GSAT) has shown a solid price increase of 35% over the past 12 weeks, indicating strong investor interest and potential upside [4] - The stock has also increased by 19.9% over the last four weeks, suggesting that the upward trend is still intact [5] - GSAT is currently trading at 82% of its 52-week high-low range, indicating a potential breakout opportunity [5] Group 2: Fundamental Strength - GSAT holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6] - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7] Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for investors to identify stocks like GSAT that are on an uptrend supported by strong fundamentals [3] - The article suggests that there are other stocks passing through the same screen, encouraging investors to explore additional opportunities [8]

Core Insights - Globalstar, Inc. is strategically investing in XCOM's Radio Access Network (RAN) technology to enhance its growth potential, with the XCOM RAN expected to deliver at least 4 times higher capacity than standard 5G NR systems [1][9]. Company Developments - In December 2024, Globalstar successfully conducted its first 5G data call using XCOM RAN over the n53 spectrum, achieving downlink speeds of 100 Mbps and uplink speeds of 60 Mbps, demonstrating the technology's capability for mission-critical applications [2]. - The company is advancing its software-defined, end-to-end XCOM RAN solution, which offers lower latency, greater spectral efficiency, and dynamic spectrum sharing, potentially broadening its addressable market [3]. - Globalstar invested significantly in the development of XCOM RAN in Q2, which increased cash costs and pressured adjusted EBITDA by approximately $1.9 million, resulting in a 300 basis point reduction in adjusted EBITDA margin compared to the previous year [4]. - For 2025, Globalstar anticipates revenues between $260 million and $285 million, with adjusted EBITDA margins around 50% [5]. Industry Context - The satellite and communications sector is experiencing intense competition due to rapid technological advancements and new entrants, with companies like Iridium Communications and Gilat Satellite Networks expanding their addressable markets [6]. - Iridium is focusing on building a next-generation network in the 2030s to provide 5G/6G services directly to consumer devices, while also enhancing its role in global positioning and navigation [7]. - Gilat is well-positioned to benefit from rising global demand for defense SATCOM, with significant contracts secured from the Israeli Ministry of Defense and the U.S. Army [10]. Financial Performance - Globalstar's stock has increased by 83.9% over the past year, compared to the Zacks Satellite and Communication industry's growth of 129.5% [12]. - The company's shares are trading at a forward 12-month price/sales ratio of 14.32X, significantly higher than the industry's 1.37X [13]. - Earnings estimates for Globalstar have been revised upward, with a 77.1% increase for 2025 earnings to a projected loss of 8 cents per share [14].

Industry Overview - Globalstar, Inc. (GSAT) and Iridium Communications Inc. (IRDM) are key players in the satellite communications industry, which is crucial for global connectivity, especially in remote areas where terrestrial networks are unavailable [1][2] - The global satellite communication market is projected to grow at a CAGR of 10.2% from 2025 to 2030, reaching $159.6 billion [1] Globalstar (GSAT) Insights - Globalstar operates a Low Earth Orbit (LEO) satellite constellation, providing mobile satellite services and voice/data communications across various sectors [3] - The company possesses proprietary spectrum, which is a significant competitive advantage in the satellite communications space [3][4] - GSAT is experiencing growth in wholesale capacity services and commercial IoT revenues, with a revenue outlook of $260-$285 million for 2025 and expected adjusted EBITDA margins around 50% [4][9] - Innovative platforms like the RM200 two-way module and XCOM RAN are expected to drive further revenue growth, with the RM200M module gaining traction in sectors such as oil & gas and defense [5][6] - A comprehensive infrastructure upgrade is underway, including the addition of approximately 90 antennas across 35 ground stations in 25 countries, enhancing network capacity and resiliency [7] Iridium Communications (IRDM) Insights - Iridium operates a large commercial constellation of 66 operational LEO satellites, which minimizes the need for ground infrastructure [10] - The company is focused on growth in commercial IoT, voice and data, and government segments, with a significant relationship with the U.S. Department of Defense [11] - Iridium aims for $1 billion in service revenues by 2030, driven by services like STL, IoT, and Direct-to-Device [12][13] - Despite maintaining a long-term outlook, Iridium has lowered its 2025 service revenue growth guidance from 5-7% to 3-5% due to various factors [14] Share Performance and Valuation - Over the past month, GSAT's stock rose by 22.8%, while IRDM's stock declined by 30.4% [9][17] - GSAT shares are trading at a forward 12-month price/sales ratio of 14.52X, significantly higher than IRDM's 2.06X [18] - Analysts have revised earnings estimates upward for GSAT, while IRDM has seen marginal downward revisions [20][22] Investment Outlook - Both companies are well-positioned to benefit from the growing satellite communications market [22] - GSAT currently holds a Zacks Rank 1 (Strong Buy), indicating a more favorable investment outlook compared to IRDM, which holds a Zacks Rank 3 (Hold) [23]

Group 1: Company Overview - Globalstar (GSAT) reiterated its 2025 revenue outlook of $260-$285 million and expects adjusted EBITDA margins around 50% [1] - In Q2, revenues were $67.1 million, up 11% year over year, while adjusted EBITDA increased to $35.8 million from $32.6 million [1] - The company is witnessing growth in commercial IoT, with an increase in the average number of subscribers driven by robust growth in gross activations [1] Group 2: Growth Catalysts - GSAT is advancing new platforms like the RM200 two-way module and XCOM RAN, which could further drive revenue [2] - The RM200M module is gaining traction across various sectors, including oil & gas and defense, tested by over 50 partners [2] - XCOM RAN aims to enter terrestrial wireless markets, broadening the total addressable market and enabling next-gen hybrid satellite-terrestrial network architectures [3] Group 3: Infrastructure and Investment - GSAT is investing in infrastructure upgrades, launching a global ground infrastructure program for the next-generation Extended MSS Network, adding about 90 antennas across 35 ground stations in 25 countries [4] - The HIBLEO-XL-1 filing indicates a move towards next-generation MSS capabilities, expanding satellite capacity and frequency spectrum [5] Group 4: Competitive Landscape - The satellite and communication industry is highly competitive, with rapid technological advancements and new entrants potentially impacting GSAT's revenue trajectory [6] - Competitors like Iridium Communications and Gilat Satellite Networks are expanding their addressable markets amid increasing demand for global connectivity [6] Group 5: Financial Performance and Valuation - GSAT's shares have gained 36.9% in the past month, while the Zacks Satellite and Communication industry grew by 80.1% [12] - GSAT stock is trading at a forward 12-month price/sales ratio of 15.35X, significantly higher than the industry's 1.37X [13] - The consensus mark for 2025 earnings has been revised up 77.1% to a loss of 8 cents per share over the past 60 days [14]

Core Insights - Globalstar, Inc. (GSAT) has initiated construction to expand its ground station in Estonia, doubling its size to enhance its mobile satellite system and service offerings across Europe [1][11] Expansion Details - The expansion project, supported by the Estonian Investment Agency and the U.S. Commercial Service, builds on Globalstar's previous investment in Saarde, where the site was commissioned in 2021 with three 6-meter tracking antennas [2] - The new expansion will add three additional antennas and related infrastructure, representing an incremental investment of approximately $9 million, with AS Connecto Infra handling the construction [3] Strategic Importance - The Estonian expansion is part of a broader initiative to deploy up to 90 new tracking antennas under Globalstar's third-generation C-3 satellite system, aimed at future-proofing the network for advanced satellite services [4] - The Estonian site, along with facilities in Greece, Spain, and France, is crucial for providing emergency SOS services and connectivity in areas lacking terrestrial mobile coverage [5] Financial Performance - In the last reported quarter, Globalstar achieved revenues of $67.1 million, reflecting an 11% year-over-year increase, driven by growth in wholesale capacity services and Commercial IoT [8] - The company reaffirmed its 2025 financial outlook, projecting total revenues between $260 million and $285 million, with an adjusted EBITDA margin of around 50% [9] Market Position - Globalstar currently holds a Zacks Rank 1 (Strong Buy), with its shares having increased by 107.7% over the past year, compared to the Zacks Satellite and Communication industry's growth of 130.3% [10]

COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, together with its wholly-owned subsidiary, Globalstar Europe SAS, today announces that construction has commenced to double the size of its existing ground station in Estonia to support the expansion of its enhanced mobile satellite system and services. With the assistance of the Estonian Investment Agency and U.S. Commercial Service personnel at the U.S. ...

Group 1 - Globalstar, Inc. (NASDAQ:GSAT) is experiencing a breakout in its stock performance, as noted by Jim Cramer during a recent discussion [1] - The company provides mobile satellite services and equipment for various industries, including government, energy, transportation, and emergency response [1] - Globalstar's offerings include the SPOT family of devices, commercial IoT solutions, satellite transmitter modules, and network engineering services [1] Group 2 - On September 15, Globalstar announced plans to activate its HIBLEO-XL-1 satellite system, marking an advancement in next-generation mobile satellite connectivity [2] - The company is investing $1.5 billion in its third-generation C-3 system to enhance global communications through additional satellites, orbital shells, and frequency bands [2] - This investment aims to improve the reliability and reach of Globalstar's services [2]