GlobalStar Watchlist

tz-plus logo GlobalStar: Satellite and 5G Communication as Growth Drivers. Interest from SpaceX?

S. Bank
Reading Time: 2 minutes

The stock of GlobalStar (GSAT) was recently discussed following its breakout paired with analyst support. The company develops satellite-based communication solutions for IoT, 5G, and governmental applications. GlobalStar exclusively utilizes the mid-band spectrum band n53 to provide private 5G networks and industrial IoT connections. A key pillar is its close partnership with Apple, which uses GlobalStar's satellites for iPhone emergency communication and invests in its infrastructure. Concurrently, the presence in the government and defense sector...

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