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Globalstar, Inc. reported its financial results for the third quarter ended September 30, 2026, highlighting continued investment in its satellite network and progress toward its pending merger with Amazon.
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AST SpaceMobile has taken a significant step toward commercial service in Brazil, potentially creating a blueprint for growth across other markets. However, Amazon's acquisition of Globalstar brings fresh competition as ASTS stock struggles to recover from a steep sell-off. The company's next major catalyst may depend on delivering operational gateways, reliable coverage, and paying customers.
Filed: 2026-11-05 AccNo: 0001366868-26-000045 Size: 414 KB Item 2.02: Results of Operations and Financial Condition Item 9.01: Financial Statements and Exhibits
Globalstar has requested that the Federal Communications Commission (FCC) examine the potential impact of Rocket Lab's pending acquisition of Iridium on Rocket Lab's role as a supplier to Globalstar.
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The U.S. Federal Communications Commission (FCC) has approved the transfer of Globalstar's licenses to Amazon as part of its acquisition of the satellite telecommunications company.