Can Advancements in Two-Way Satellite Communication Buoy GSAT's Stock?

Globalstar, Inc. (GSAT) has teamed up with GCT Semiconductor Holding Inc. (GCTS) to engineer two-way satellite messaging systems for its mobile devices and modules. The initiative integrates GCTS’ cutting-edge IoT and 4G/5G semiconductor technology into Globalstar’s next-generation product suite. The partnership was unveiled ahead of the Mobile World Congress (MWC) in Barcelona, where both companies will be showcasing their latest innovations from March 3-6.Following the collaboration announcement, GSAT’s s ...