The Government of Canada selected MDA Space and Telesat as strategic partners because of their combined expertise in secure satellite communications and space-based infrastructure. This strategic partnership leverages the global technology and operational strengths of the domestic space sector while reinforcing the government's commitment to Arctic security and Canadian sovereignty. Canada's Industrial and Technological Benefits (ITB) Policy will apply to ESCP-P, ensuring the project will generate high-valu ...

OTTAWA, Dec. 09, 2025 (GLOBE NEWSWIRE) -- Telesat (Nasdaq and TSX: TSAT), one of the world’s largest and most innovative satellite operators, today announced a strategic partnership agreement among the Government of Canada, Telesat Corporation and MDA Space to develop and deliver a multi-frequency, Arctic military satellite communications (MILSATCOM) capability to the Canadian Armed Forces. Leveraging over 55 years of satellite engineering and operations excellence, Telesat will play a pivotal role in deliv ...

Core Thesis - Globalstar, Inc. is positioned as a compelling investment opportunity due to its strategic partnerships, particularly with Apple, and its strong financial growth metrics [1][3][6] Company Overview - Globalstar operates a global network of low-earth orbit (LEO) satellites that facilitate data and voice communication in remote areas, supporting applications like GPS tracking and emergency communication [2] - The partnership with Apple enhances Globalstar's visibility and relevance in consumer safety through emergency messaging capabilities on iPhones [3] Financial Performance - The company has achieved a three-year compound annual revenue growth rate of 24%, with a gross margin of 66.7% and a free cash flow margin of 51.4%, indicating strong operational efficiency [4] - Despite a negative return on invested capital due to high infrastructure costs, Globalstar maintains a market capitalization of $5.33 billion and a low beta of 0.98, suggesting moderate market volatility [5] Stock Performance - Over the past five years, Globalstar's stock has experienced a 58.5% compound annual growth rate, driven by strategic partnerships and improving fundamentals [6] - The company's growth metrics and expanding commercial applications position it as a unique player in next-generation connectivity [6]

AST SpaceMobile (ASTS) stock is up nearly 20% today amid renewed excitement around the upcoming launch of its next-generation satellite, BlueBird 6. Investors seem convinced that the Dec. 15 event will expand ASTS’ direct-to-smartphone satellite coverage, a milestone that could meaningfully advance its commercial rollout. More News from Barchart Following today’s rally, AST SpaceMobile stock is up more than 300% versus its year-to-date low. www.barchart.com What the BlueBird 6 Launch Means for ASTS St ...

13D Activist Fund is a mutual fund that focuses on companies invested in by shareholder activists. The fund released its Q3 2025 investor letter. The class I shared of the fund returned 8.88%, net of fees and expenses, in the quarter compared to 12.39% for the Russell 2000 Index. Overall, the fund was thrilled with its performance this quarter. However, on a relative basis, there is room for improvement. The Russell 2000 outperformed the S&P 500 by the largest margin in three years, with a return of 12.39% ...

Core Thesis - AST SpaceMobile, Inc. is positioned to become a transformative player in global connectivity through its ambitious plan to build the first space-based cellular broadband network, utilizing its BlueBird satellites to provide coverage to unmodified 4G/5G mobile phones [2][5] Company Developments - As of Q3 2025, AST SpaceMobile reported significant commercial traction with long-term agreements with Verizon and Saudi-based stc Group, along with partnerships with over 50 mobile-network operators, representing nearly three billion subscribers [3][4] - The company is advancing its satellite constellation, with BlueBird-6 delivered to a launch site in India and BlueBird-7 scheduled for launch at Cape Canaveral in late 2025, aiming to operate 45–60 satellites by the end of 2026 [4] Financial Commitments - AST SpaceMobile secured two landmark 10-year commercial agreements with Verizon and stc Group, including a US$175 million prepayment from stc expected by year-end, bringing total contracted revenue commitments to over US$1 billion [5] - The company's stock price has appreciated approximately 114.17% since May 2025, reflecting improved commercial readiness and expanding revenue visibility [6]

Company Overview - Iridium is a satellite communications company that generates over $300 million in free cash flow [3] - The company operates a global network of 66 satellites in low earth orbit (LEO), arranged in 6 planes with 11 satellites each [3] - Iridium is recognized as the only truly global satellite provider, operating in the L-band spectrum [3] Leadership - Vincent O'Neill has been appointed as the Chief Financial Officer of Iridium as of January 1st, and has been with the company for 11 years [2]

Core Viewpoint - Ark Invest is increasing its positions in Coinbase, Bullish, and Shopify, indicating a bullish stance on crypto-exposed companies despite recent market volatility and valuation concerns [1][2][4]. Coinbase - Ark's ARK Innovation ETF purchased 28,315 shares of Coinbase, valued at $7.45 million, despite a recent downgrade from Argus Research [2][3]. - Coinbase shares ended at $263.26, and the stock has experienced volatility alongside Bitcoin, which recently spiked 6.6% to $92,309.13 [2][3]. - Wall Street anticipates strong revenue growth for Coinbase driven by digital asset adoption and stablecoin activity [4]. Bullish - Ark acquired 42,434 shares of Bullish, worth $1.83 million, reflecting confidence in institutional-grade crypto platforms as key players in digital asset growth [5]. - Bullish reported third-quarter revenue exceeding analyst expectations, with strong subscription and services income [6]. Shopify - Ark purchased 21,132 shares of Shopify, valued at $3.3 million, as the platform reported record sales during the holiday season [7]. - Shopify merchants generated $14.6 billion in sales over the Black Friday–Cyber Monday period, a 27% year-over-year increase [7]. - The company noted strong adoption of Shop Pay and significant international demand, with 16% of holiday orders from cross-border purchases [8]. Other Key Trades - Ark made adjustments to several positions, including trimming shares in Iridium Communications and Roku, while increasing its stake in WeRide, indicating a focus on robotics and self-driving technology [9].

Summary of Iridium Communications 2025 Conference Call Company Overview - **Company**: Iridium Communications (NasdaqGS:IRDM) - **Industry**: Telecommunications, specifically satellite communications - **CFO**: Vincent O'Neill, who has been with the company for 11 years - **Free Cash Flow**: Over $300 million annually [4][42] Key Points and Arguments Company History and Network - Iridium operates a global satellite network consisting of 66 satellites in Low Earth Orbit (LEO) with 14 spares, providing critical communications services [4][5] - The network is unique in its use of the L-band spectrum, which is resilient and suitable for mission-critical communications, particularly in aviation and maritime sectors [5][6] Product Segments - **Voice and Data Services**: - The company has over 2.5 million subscribers, with 450,000 using traditional handsets [10][11] - The voice and data segment has seen slow growth but remains lucrative due to pricing power [11] - **IoT Services**: - The IoT segment is the fastest-growing area, with approximately 2 million devices currently in use [14][16] - The IoT business is divided into personal communications (e.g., Garmin inReach) and industrial IoT applications [12][13] Growth Outlook - Strong growth in IoT is expected to continue, driven by new products and the introduction of standards-based narrowband IoT solutions [16][17] - The company anticipates that the integration of its technology into standard chips will open up new total addressable markets (TAM) [18][19] Competitive Landscape - Increased competition is expected from Starlink, particularly in the smartphone and IoT markets, but the impact is projected to be several years out [22][23] - Iridium's unique offerings, particularly in government services, are expected to mitigate some competitive pressures [24][27] Government Services - The company has a significant government services business, with a $738 million contract with the U.S. Department of Defense (DoD) [27][28] - The contract is expected to be renewed, with indications of strong government reliance on Iridium's unique capabilities [28][29] Financial Performance - Service revenue growth is guided at 3%-5%, with expectations leaning towards the lower end due to delays in the PNT business [30][31] - EBITDA guidance has been tightened to $495-$500 million, supported by strong performance in engineering and operational efficiencies [31][32] - The company maintains a solid EBITDA margin of around 60%, with expectations for incremental margins to remain strong [33][34] Free Cash Flow and Capital Allocation - The 2025 free cash flow outlook is $300 million, with cumulative free cash flow expected to be between $15 billion and $18 billion from 2026 to 2030 [36][37] - Share repurchases have been paused to build cash for potential M&A opportunities and to improve financial flexibility [36][37][40] Future Opportunities - The company sees significant growth potential in areas such as narrowband IoT and position navigation and timing solutions [42][43] - Despite competitive pressures, Iridium believes it has unique opportunities to expand its revenue base over the next two to five years [42][43] Additional Important Points - The company has a strong focus on maintaining a resilient business model and is strategically positioning itself for future growth despite market challenges [42][43] - The CFO emphasized the importance of cash flow and the company's ability to adapt to changing market conditions [42][43]

Starlink Direct to Cell is now available to @EntelPeru customers.Peru marks the second country in Latin America to enable satellite-to-mobile connectivity, ensuring customers stay connected to data, voice, video and messaging in even the most remote locations.Entel Perú (@EntelPeru):Entel y Starlink se unen para llevar conectividad satelital a tu celular 🛰️🚀. Una Señal Power que llega donde otros no llegan. Cámbiate a la Señal Power. Más info en https://t.co/V7iOOZpfob @Starlink https://t.co/ATAew3PRXP ...