Security
Globalstar, Inc. Common Stock · GSAT
GSATNASDAQCommon stockCurrentCIK 1366868Updated Oct 6, 2026
GSAT price & chart
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NASDAQ:GSAT on TradingView ↗About the company
Globalstar is a global telecommunications provider connecting what matters most. Through our industry-leading low Earth orbit (LEO) satellite constellation and licensed Band 53/n53 spectrum, we deliver reliable satellite and terrestrial connectivity solutions that empower customers worldwide to connect, transmit, and communicate smarter. Our comprehensive connectivity ecosystem includes software-defined, purpose-built private wireless network platform, coupled with Globalstar Band 53 in XCOM RAN™ and trusted GPS messengers Saved by SPOT™ for safety and personal communication for business and enterprise applications.
In the news
$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Globalstar, Inc. (NASDAQ: GSAT) ↗
$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Globalstar, Inc. (NASDAQ: GSAT) ↗
MDA SPACE SIGNS $1.1B CONTRACT WITH GLOBALSTAR TO BUILD NEXT GENERATION LEO CONSTELLATION News provided by MDA Space Feb 10, 2025, 06:30 ET Share this article Share to X Share this article Share to X BRAMPTON, ON , Feb. 10, 2025 /PRNewswire/ - MDA Space Ltd. (TSX: MDA), a trusted mission partner to ↗
Recent filings
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 2,162,350,000Source | 917,561,000Source | 2,444,812,000Source | 1,909,149,000Source | 926,246,000Source | 2,377,467,000Source | 1,729,151,000Source | 917,006,000Source | 2,326,265,000Source | 1,710,237,000Source | 924,309,000Source | 833,395,000Source |
| Property, Plant and Equipment, NetUSD | 1,209,282,000Source | 617,064,000Source | 1,543,330,000Source | 900,842,000Source | 620,553,000Source | 1,428,703,000Source | 774,206,000Source | 625,515,000Source | 1,305,458,000Source | 673,632,000Source | 624,002,000Source | 560,371,000Source |
| GoodwillUSD | — | — | — | — | — | — | — | — | 30,600,000Source | 30,600,000Source | 30,600,000Source | — |
| Intangible Assets, Net (Excluding Goodwill)USD | — | — | — | — | — | — | — | — | 92,296,000Source | 85,205,000Source | 60,653,000Source | 30,407,000Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 346,293,000Source | 51,916,000Source | 409,771,000Source | 308,226,000Source | 64,334,000Source | 358,448,000Source | 241,411,000Source | 59,282,000Source | 447,471,000Source | 391,164,000Source | 56,744,000Source | 32,082,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 25,972,000Source | 43,021,000Source | 20,529,000Source | 24,775,000Source | 43,148,000Source | 19,762,000Source | 22,857,000Source | 42,830,000Source | 19,976,000Source | 26,952,000Source | 48,743,000Source | 26,329,000Source |
| Inventory, NetUSD | 11,425,000Source | 11,877,000Source | 10,938,000Source | 11,485,000Source | 13,107,000Source | 10,078,000Source | 10,163,000Source | 14,407,000Source | 9,614,000Source | 10,741,000Source | 14,582,000Source | 9,264,000Source |
| Assets, CurrentUSD | 400,988,000Source | 127,452,000Source | 463,463,000Source | 363,391,000Source | 144,010,000Source | 406,545,000Source | 292,466,000Source | 135,977,000Source | 496,728,000Source | 447,571,000Source | 142,653,000Source | 81,244,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 17,298,000Source | 20,638,000Source | 22,225,000Source | 18,905,000Source | 23,421,000Source | 18,257,000Source | 18,035,000Source | 19,458,000Source | 19,667,000Source | 18,714,000Source | 22,584,000Source | 13,569,000Source |
| Operating Lease, Right-of-Use AssetUSD | 67,416,000Source | 34,364,000Source | 65,188,000Source | 60,483,000Source | 34,424,000Source | 67,005,000Source | 40,050,000Source | 33,573,000Source | 66,698,000Source | 31,835,000Source | 34,164,000Source | 30,859,000Source |
| Other Assets, NoncurrentUSD | — | — | — | — | — | — | — | — | 2,552,000Source | 3,774,000Source | 3,703,000Source | 1,565,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 1,797,525,000Source | — | 2,152,199,000Source | 1,548,269,000Source | — | 2,034,651,000Source | 1,384,807,000Source | — | 1,970,536,000Source | 1,351,354,000Source | — | — |
| Stockholders’ equity: | ||||||||||||
| Preferred Stock, Value, IssuedUSD | — | — | — | — | 0Source | — | — | 0Source | — | — | 0Source | 0Source |
| Additional Paid in CapitalUSD | 2,485,952,000Source | 2,466,279,000Source | 2,492,511,000Source | 2,484,106,000Source | 2,461,320,000Source | 2,491,695,000Source | 2,479,201,000Source | 2,447,581,000Source | 2,489,227,000Source | 2,473,564,000Source | 2,438,703,000Source | 2,345,612,000Source |
| Retained Earnings (Accumulated Deficit)USD | -2,125,179,000Source | -2,077,927,000Source | -2,206,570,000Source | -2,126,269,000Source | -2,087,861,000Source | -2,154,217,000Source | -2,145,477,000Source | -2,078,178,000Source | -2,136,797,000Source | -2,128,146,000Source | -2,064,982,000Source | -2,040,264,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 4,039,000Source | 5,552,000Source | 6,659,000Source | 3,030,000Source | 9,327,000Source | 5,325,000Source | 10,607,000Source | 7,463,000Source | 3,286,000Source | 13,452,000Source | 5,070,000Source | 9,242,000Source |
| Stockholders' Equity Attributable to ParentUSD | 364,825,000Source | 394,093,000Source | 292,613,000Source | 360,880,000Source | 382,975,000Source | 342,816,000Source | 344,344,000Source | 377,054,000Source | 355,729,000Source | 358,883,000Source | 378,979,000Source | 314,771,000Source |
| Liabilities and EquityUSD | 2,162,350,000Source | 917,561,000Source | 2,444,812,000Source | 1,909,149,000Source | 926,246,000Source | 2,377,467,000Source | 1,729,151,000Source | 917,006,000Source | 2,326,265,000Source | 1,710,237,000Source | 924,309,000Source | 833,395,000Source |
| Current liabilities: | ||||||||||||
| Liabilities, CurrentUSD | 158,385,000Source | 116,854,000Source | 299,906,000Source | 129,240,000Source | 138,343,000Source | 253,506,000Source | 129,054,000Source | 135,682,000Source | 205,486,000Source | 141,485,000Source | 175,908,000Source | 197,076,000Source |
| Operating Lease, Liability, CurrentUSD | 7,545,000Source | — | 7,349,000Source | 5,273,000Source | — | 8,948,000Source | — | — | 7,998,000Source | 4,251,000Source | 3,004,000Source | 2,747,000Source |
| Accounts Payable, CurrentUSD | — | — | — | — | — | — | — | — | — | — | 2,027,000Source | 3,843,000Source |
| Operating Lease, Liability, NoncurrentUSD | 56,166,000Source | 28,554,000Source | 53,009,000Source | 51,406,000Source | 28,752,000Source | 54,315,000Source | 34,210,000Source | 28,497,000Source | 54,549,000Source | 26,256,000Source | 29,244,000Source | 27,635,000Source |
| Deferred Income Tax Liabilities, NetUSD | — | — | — | — | — | — | — | — | 1,044,000Source | 711,000Source | 329,000Source | 322,000Source |
| Other Liabilities, NoncurrentUSD | 425,066,000Source | 18,301,000Source | 462,529,000Source | 425,518,000Source | 17,651,000Source | 457,015,000Source | 423,458,000Source | 10,107,000Source | 451,618,000Source | 418,620,000Source | 11,265,000Source | 3,995,000Source |
| Additional Financial Items | ||||||||||||
| Accounts Receivable, after Allowance for Credit LossUSD | — | — | — | — | — | — | — | — | — | — | 48,743,000Source | 137,355,000Source |
| Accrued Liabilities, CurrentUSD | — | — | — | — | — | — | — | — | 43,590,000Source | 24,700,000Source | 26,958,000Source | 58,446,000Source |
| Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after TaxUSD | — | — | — | — | — | — | — | — | — | — | — | 0Source |
| Deferred Tax Liabilities, NetUSD | — | — | — | — | — | — | — | — | 886,000Source | 711,000Source | 329,000Source | 296,000Source |
| Long-term Debt, Excluding Current Maturities | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source |
| Long-term Debt, Current MaturitiesUSD | 23,503,000Source | 34,600,000Source | 51,400,000Source | 22,708,000Source | 34,600,000Source | 42,400,000Source | 30,757,000Source | 34,600,000Source | 31,835,000Source | 34,600,000Source | 34,600,000Source | 59,822,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 485,081,000Source | 359,759,000Source | 307,389,000Source | 468,799,000Source | 358,525,000Source | 432,161,000Source | 471,992,000Source | 364,123,000Source | 451,953,000Source | 476,822,000Source | 325,700,000Source | 132,115,000Source |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 2,705,000Source | 6,957,000Source | 23,413,000Source | 35,548,000Source | 22,489,000Source | 10,754,000Source |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | -414,000Source | -6,790,000Source | -7,485,000Source | -26,661,000Source | -12,693,000Source | 1,009,000Source |
| Increase (Decrease) in InventoriesUSD | — | — | — | — | — | — | — | — | -1,519,000Source | -2,796,000Source | 4,154,000Source | 2,380,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 69,000Source | 382,000Source | 33,000Source | 0Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | 35,227,000Source | 51,864,000Source | 621,650,000Source | 439,192,000Source | 74,341,000Source | 63,800,000Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -116,425,000Source | -190,582,000Source | -550,383,000Source | -260,570,000Source | -175,612,000Source | -39,952,000Source |
| Cash flows from financing activities: | ||||||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | -8,036,000Source | -11,406,000Source | -16,180,000Source | 157,181,000Source | 125,793,000Source | -6,048,000Source |
| Dividends paid | — | — | — | — | — | — | —Source | —Source | —Source | —Source | —Source | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | -89,023,000Source | -149,753,000Source | 56,307,000Source | 334,420,000Source | 24,662,000Source | 17,778,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 346,293,000Source | 51,916,000Source | 409,771,000Source | 308,226,000Source | 358,448,000Source | 241,411,000Source | 447,471,000Source | 391,164,000Source | 56,744,000Source | 32,082,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | — | 0Source | 0Source | 15,666,000Source | 13,512,000Source | 0Source |
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | — | — | 6,476,000Source | — | — | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | — | — | — | — | 211,000Source | 371,000Source | 1,220,000Source | -1,383,000Source | 140,000Source | -22,000Source |
| Additional Financial Items | ||||||||||||
| AmortizationUSD | — | — | — | — | — | — | — | — | 1,304,000Source | 1,068,000Source | 978,000Source | 8,409,000Source |
| Share-based Payment Arrangement, ExpenseUSD | — | — | 4,906,000Source | 8,254,000Source | 2,723,000Source | 5,949,000Source | 2,705,000Source | 6,957,000Source | 23,413,000Source | 35,548,000Source | 22,489,000Source | — |
| Amortization of Debt Issuance CostsUSD | — | — | — | — | — | — | — | — | — | — | — | 520,000Source |
| Amortization of Intangible AssetsUSD | — | — | — | — | — | — | — | — | 4,700,000Source | 3,600,000Source | 1,400,000Source | 1,200,000Source |
| Capitalized Computer Software, AmortizationUSD | — | — | — | — | — | — | — | — | 3,600,000Source | — | — | — |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to SettlementUSD | — | — | — | — | — | — | — | — | — | — | — | -1,501,000Source |
| DepreciationUSD | — | — | — | — | — | — | — | — | 86,098,000Source | 87,917,000Source | 87,213,000Source | 85,475,000Source |
| Depreciation, Amortization and Accretion, NetUSD | — | — | 21,693,000Source | 22,249,000Source | 16,802,000Source | 23,010,000Source | 18,397,000Source | 22,277,000Source | 87,401,000Source | 88,986,000Source | 88,191,000Source | 93,884,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | -588,000Source | 4,918,000Source | -1,376,000Source | 11,966,000Source | -1,621,000Source | 4,106,000Source | 15,748,000Source | -16,609,000Source | 4,862,000Source | -6,592,000Source |
| Foreign Currency Transaction Gain (Loss), UnrealizedUSD | — | — | — | — | — | — | -1,656,000Source | 4,144,000Source | 15,797,000Source | -16,663,000Source | 4,972,000Source | -6,615,000Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | — | — | — | — | — | — | — | — | — | -1,300,000Source | — | -805,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | — | — | 4,181,000Source | 0Source | — | — | 0Source | -14,008,000Source | -10,194,000Source | 2,790,000Source |
| GoodwillUSD | — | — | — | — | — | — | — | — | 30,600,000Source | 30,600,000Source | 30,600,000Source | — |
| Impairment of Intangible Assets (Excluding Goodwill)USD | — | — | — | — | — | — | — | — | — | — | — | 700,000Source |
| Income Tax Expense (Benefit)USD | — | — | 1,100,000Source | 1,732,000Source | 3,909,000Source | -1,827,000Source | 1,597,000Source | 4,578,000Source | 5,878,000Source | 2,135,000Source | 1,123,000Source | 73,000Source |
| Inventory Write-downUSD | — | — | — | — | — | — | — | — | 0Source | 327,000Source | 0Source | 8,553,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 1,090,000Source | 9,934,000Source | -26,539,000Source | 19,208,000Source | -17,420,000Source | -17,331,000Source | -8,651,000Source | -63,164,000Source | -24,718,000Source | -256,915,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | -1,583,000Source | 7,261,000Source | -29,183,000Source | 16,564,000Source | -20,035,000Source | -19,946,000Source | -19,256,000Source | -73,798,000Source | -35,323,000Source | -258,252,000Source |
| Nonoperating Income (Expense)USD | — | — | -7,966,000Source | 2,232,000Source | -17,855,000Source | 11,235,000Source | -23,993,000Source | -4,252,000Source | -10,203,000Source | -60,080,000Source | -23,430,000Source | -35,813,000Source |
| Other Nonoperating Income (Expense)USD | — | — | 3,651,000Source | 186,000Source | 0Source | 6,697,000Source | -2,558,000Source | -413,000Source | 14,969,000Source | -2,531,000Source | 1,730,000Source | 463,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | — | — | 0Source | 176,189,000Source | 0Source | 0Source |
| Proceeds from Stock Options ExercisedUSD | — | — | — | — | — | — | — | — | — | — | 100,000Source | 200,000Source |
| Unrealized Gain (Loss) on DerivativesUSD | — | — | — | — | — | — | — | — | — | — | — | -805,000Source |
| Gain (Loss) on Disposition of Assets | — | — | — | — | — | — | — | —Source | — | — | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 73,845,000Source | 72,307,000Source | 64,772,000Source | 67,148,000Source | 70,064,000Source | 60,032,000Source | 272,986,000Source | 250,349,000Source | 223,808,000Source | 148,504,000Source |
| Selling, General and Administrative ExpenseUSD | — | — | 11,347,000Source | 10,439,000Source | 23,025,000Source | 9,683,000Source | 14,828,000Source | 11,589,000Source | 51,428,000Source | 43,434,000Source | 43,458,000Source | 44,103,000Source |
| Operating Income (Loss)USD | — | — | 10,156,000Source | 9,434,000Source | -4,775,000Source | 6,146,000Source | 8,170,000Source | -8,501,000Source | 7,430,000Source | -949,000Source | -165,000Source | -221,029,000Source |
| Other Nonoperating Income (Expense)USD | — | — | 3,651,000Source | 186,000Source | 0Source | 6,697,000Source | -2,558,000Source | -413,000Source | 14,969,000Source | -2,531,000Source | 1,730,000Source | 463,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | 2,190,000Source | 11,666,000Source | -22,630,000Source | 17,381,000Source | -15,823,000Source | -12,753,000Source | -2,773,000Source | -61,029,000Source | -23,595,000Source | -256,842,000Source |
| Income Tax Expense (Benefit)USD | — | — | 1,100,000Source | 1,732,000Source | 3,909,000Source | -1,827,000Source | 1,597,000Source | 4,578,000Source | 5,878,000Source | 2,135,000Source | 1,123,000Source | 73,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 1,090,000Source | 9,934,000Source | -26,539,000Source | 19,208,000Source | -17,420,000Source | -17,331,000Source | -8,651,000Source | -63,164,000Source | -24,718,000Source | -256,915,000Source |
| Earnings Per Share, BasicUSD per share | — | — | -0.01Source | 0.06Source | -0.23Source | 0.13Source | -0.16Source | -0.16Source | -0.15Source | -0.59Source | -0.02Source | -0.14Source |
| Earnings Per Share, DilutedUSD per share | — | — | -0.01Source | 0.06Source | -0.23Source | 0.13Source | -0.16Source | -0.16Source | -0.15Source | -0.59Source | -0.02Source | -0.14Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 126,688,000Source | 126,150,000Source | 129,122,000Source | 126,614,000Source | 128,417,000Source | 126,476,000Source | 126,757,000Source | 125,877,000Source | 1,835,005,000Source | 1,800,825,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 126,688,000Source | 127,337,000Source | 129,122,000Source | 127,854,000Source | 128,417,000Source | 126,476,000Source | 126,757,000Source | 125,877,000Source | 1,835,005,000Source | 1,800,825,000Source |
| Additional Financial Items | ||||||||||||
| Amortization of Intangible AssetsUSD | — | — | — | — | — | — | — | — | 4,700,000Source | 3,600,000Source | 1,400,000Source | 1,200,000Source |
| Capitalized Computer Software, AmortizationUSD | — | — | — | — | — | — | — | — | 3,600,000Source | — | — | — |
| Costs and ExpensesUSD | — | — | 63,689,000Source | 62,873,000Source | 69,547,000Source | 61,002,000Source | 61,894,000Source | 68,533,000Source | 265,556,000Source | 251,298,000Source | 223,973,000Source | 369,533,000Source |
| Current Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 5,809,000Source | 1,753,000Source | 1,090,000Source | 73,000Source |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to SettlementUSD | — | — | — | — | — | — | — | — | — | — | — | -1,501,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | -588,000Source | 4,918,000Source | -1,376,000Source | 11,966,000Source | -1,621,000Source | 4,106,000Source | 15,748,000Source | -16,609,000Source | 4,862,000Source | -6,592,000Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | — | — | — | — | — | — | — | — | — | -1,300,000Source | — | -805,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | — | — | — | — | — | — | — | — | -23,093,000Source | -46,851,000Source | -30,086,000Source | -232,148,000Source |
| Interest Income (Expense), Nonoperating, NetUSD | — | — | -11,029,000Source | -2,872,000Source | -20,660,000Source | -7,428,000Source | -19,814,000Source | -7,945,000Source | -40,920,000Source | -13,562,000Source | -14,609,000Source | -30,168,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | -1,583,000Source | 7,261,000Source | -29,183,000Source | 16,564,000Source | -20,035,000Source | -19,946,000Source | -19,256,000Source | -73,798,000Source | -35,323,000Source | -258,252,000Source |
| Nonoperating Income (Expense)USD | — | — | -7,966,000Source | 2,232,000Source | -17,855,000Source | 11,235,000Source | -23,993,000Source | -4,252,000Source | -10,203,000Source | -60,080,000Source | -23,430,000Source | -35,813,000Source |
| Research and Development ExpenseUSD | — | — | — | — | — | — | — | — | 6,100,000Source | 6,500,000Source | 1,400,000Source | 500,000Source |
Filing attachments
gsat20260630-ex991.htm · 8-K · 2026-08-06
EX-99.1 2 gsat20260630-ex991.htm EX-99.1 Document GLOBALSTAR ANNOUNCES SECOND QUARTER 2026 FINANCIAL RESULTS • Generated second quarter 2026 revenue of $64.8 million with record high Commercial IoT subscriber activations. • Continued progress on regulatory approval process in connection with the previously announced Merger Agreement with Amazon, with expiration of the waiting period under the HSR Act in July 2026. • Continued execution of next-generation satellite constellation initiativ…
Read attachment ↗gsat20260331-ex991.htm · 8-K · 2026-05-07
EX-99.1 2 gsat20260331-ex991.htm EX-99.1 Document GLOBALSTAR ANNOUNCES FIRST QUARTER 2026 FINANCIAL RESULTS • Generated first quarter 2026 revenue of $70.1 million, a 17% increase from the prior year's first quarter, bolstered by higher wholesale capacity services revenue • Announced entry into definitive merger agreement with Amazon • Advanced satellite constellation roadmap with two planned launches during 2026 and further development of next-generation satellites • Received further r…
Read attachment ↗ck0001366868-ex99_1.htm · SCHEDULE 13D/A · 2026-04-15
Exhibit 99.1 STOCKHOLDER SUPPORT AGREEMENT This STOCKHOLDER SUPPORT AGREEMENT (this “Agreement”) is made and entered into as of April 13, 2026, by and among the undersigned stockholders (each, a “Stockholder” and, collectively, the “Stockholders”) of Globalstar, Inc., a Delaware corporation (the “Company”), and Amazon.com, Inc., a Delaware corporation (“Parent”). The parties to this Agreement are sometimes referred to herein collectively as the “parties,” and individually as a “party.” Capital…
Read attachment ↗ck0001366868-ex99_2.htm · SCHEDULE 13D/A · 2026-04-15
Exhibit 99.2 JOINT FILING AGREEMENT In accordance with Rule 13d-1(k), the undersigned acknowledge and agree that the foregoing statement on Schedule 13D with respect to the common stock, par value of $0.0001 per share, of Globalstar, Inc. is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13D may be filed on behalf of each of the undersigned without the necessity of filing additional joint filing agreements. The undersigned acknowledg…
Read attachment ↗ef20070409_ex99-1.htm · 8-K · 2026-04-14
EX-99.1 5 ef20070409_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Amazon to acquire Globalstar and expand Amazon Leo satellite network Globalstar satellites, radio frequency spectrum, and operational expertise will enable Amazon Leo to add Direct-to-Device (D2D) services to future generations of its low Earth orbit satellite network New Amazon Leo D2D system will help mobile network operators extend voice, text, and data services to customers beyond the reach of terrestrial cellular networks Ama…
Read attachment ↗ef20070409_ex99-2.htm · 8-K · 2026-04-14
EX-99.2 6 ef20070409_ex99-2.htm EXHIBIT 99.2 Exhibit 99.2 Globalstar Enters Into Definitive Agreement to be Acquired by Amazon Accelerating a New Era of Global Direct-to-Device Connectivity Transaction Announcement | April 14, 2026 2 Key Transaction Terms Key Transaction Terms Stockholders are entitled to elect to receive, for each Globalstar share, either $90.00 in cash or 0.3210 shares of Amazon stock (in each case subject to adjustment) The stock consideration is subject to adjustment i…
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