SPOT (satellite)

Globalstar and Globalsat to Deploy IoT Solution for Monitoring of Renewable Energy Stations in Latin America

Retrieved on: 
Tuesday, August 23, 2022
Other Energy, IOT (Internet of Things), Satellite, Technology, Telecommunications, Mobile, Wireless, Energy, SPOT, MSS, Software, Partnership, Mining, CEO, Safety, NYSE, GSAT, MSUA, Agriculture, Government, City, Communications satellite, Solution, Modem, SPOT (satellite), Tourism, Maintenance, IOT, Intelligence, Russian Satellite Communications Company, LEO, Human, Non-governmental organization, General manager, Efficiency, Frost & Sullivan, Globalsat Group, Globalstar

Globalstar (NYSE American: GSAT), has partnered with Globalsat Group to deploy a jointly developed IoT solution powered by Globalstars satellite network designed to monitor renewable energy stations located in remote areas of Latin America.

Key Points: 
  • Globalstar (NYSE American: GSAT), has partnered with Globalsat Group to deploy a jointly developed IoT solution powered by Globalstars satellite network designed to monitor renewable energy stations located in remote areas of Latin America.
  • The new solution will allow clients to obtain daily data, including information on equipment status and energy consumption.
  • This deployment represents a critical milestone in our expansion into renewable energy verticals in Latin America, said Juan Porras, General Manager of Globalstar for Latin America.
  • Globalstar and Globalsat have been working together since 2019 on solutions in the mining, oil and gas, and government industries throughout Latin America.

Globalstar Announces Second Quarter 2022 Results

Retrieved on: 
Thursday, August 4, 2022
Mobile, Wireless, Technology, Satellite, Telecommunications, Aerospace, Manufacturing, Internet, Hardware, IOT (Internet of Things), Consumer Electronics, U.S. Securities and Exchange Commission, Intelligence, Global Telecom Holding, Forward-looking statement, NYSE, SmarTone, Modem, Rocket Lab, IOT, Private Securities Litigation Reform Act, Face, MDA, LEO, Ecosystem, Growth, SPOT, Sumathi Best Television Current Reporting Award, Pouliadis Associates Corporation, Nokia, Security (finance), Annual report, History, Government, Fruit, Public expenditure, EBITDA, Engineering, ARPU, Depreciation, Persistent organic pollutant, XCOM, SPOT (satellite), Partnership, Churn, Safety, SpaceX, ERP, Maintenance, Integrity, Commercial, Solution, Spacecraft, Total, Borrowing base, GSAT, Video game, Renewable energy, Communications satellite, Mobile phone, Bank, Television, Airspan Networks, Globalstar, Realm, Duplex

Total revenue for the second quarter of 2022 increased $6.5 million, or 21%, from the second quarter of 2021 primarily due to an increase in service revenue.

Key Points: 
  • Total revenue for the second quarter of 2022 increased $6.5 million, or 21%, from the second quarter of 2021 primarily due to an increase in service revenue.
  • Production issues related to the SmartOne Solar were substantially resolved in the second quarter of 2022 and we expect production of the remaining devices to resume in the third quarter of 2022.
  • Loss from operations was $11.4 million during the second quarter of 2022 compared to $16.0 million during the second quarter of 2021.
  • Net loss was $26.8 million for the second quarter of 2022 compared to $21.4 million for the second quarter of 2021.

Globalstar, Inc. Earnings Release Notice

Retrieved on: 
Thursday, July 28, 2022
Networks, Satellite, Mobile, Wireless, Technology, Telecommunications, NYSE, Safety, SPOT, GSAT, Government, Modem, SPOT (satellite), IOT, Intelligence, LEO, Communications satellite, Globalstar

Globalstar, Inc. (NYSE American: GSAT) will announce its second quarter 2022 financial results and business update on Thursday, August 4, 2022 after the market closes.

Key Points: 
  • Globalstar, Inc. (NYSE American: GSAT) will announce its second quarter 2022 financial results and business update on Thursday, August 4, 2022 after the market closes.
  • Globalstar pioneered personal safety by introducing its SPOT Satellite GPS Messenger in 2007.
  • With a portfolio that includes SPOT GPS messengers, next-generation IoT products and modems, and cloud-based telematics solutions, Globalstars cost effective satellite-powered innovations give users visibility and intelligence for improving safety and operational efficiencies.
  • Note that all SPOT products described in this press release are the products of SPOT LLC, which is not affiliated in any manner with Spot Image of Toulouse, France or Spot Image Corporation of Chantilly, Virginia.

Globalstar Introduces Advanced Edge Platform for Satellite Asset Tracking and Telematics Data

Retrieved on: 
Wednesday, June 22, 2022
Satellite, Software, Hardware, Data Management, Engineering, Technology, Manufacturing, Mobile, Wireless, Solution, Unified, SPOT (satellite), Agriculture, LEO, Forestry, Safety, Intelligence, Technology, Innovation, GSAT, SPOT, Modem, Efficiency, IOT, Bluetooth Low Energy, SOC, Ecosystem, GPS, Transport, BLE, NYSE, Government, Communications satellite, Satellite navigation device, Video game console, Globalstar, Realm

Globalstar, Inc. (NYSE American: GSAT), a leading mobile satellite services and connectivity provider, today introduced Realm Enablement Suite, an innovative portfolio of satellite asset tracking hardware and software solutions featuring a powerful application enablement platform for processing smart data at the edge.

Key Points: 
  • Globalstar, Inc. (NYSE American: GSAT), a leading mobile satellite services and connectivity provider, today introduced Realm Enablement Suite, an innovative portfolio of satellite asset tracking hardware and software solutions featuring a powerful application enablement platform for processing smart data at the edge.
  • With Realm, partners can accelerate new solutions to market with AI-enabled applications that generate an advanced level of telematics data.
  • By defining smart data at the edge, users send only the data they need over the highly reliable Globalstar LEO satellite network to the customer endpoint significantly reducing transmission costs.
  • With Realm Enablement Suite, customers have the flexibility and agility they need to optimize data from their tracking devices and edge sensors, said Dave Kagan, Globalstar CEO.

Globalstar Announces Successful Launch of Spare Satellite

Retrieved on: 
Sunday, June 19, 2022
Satellite, Internet, Data Management, Technology, IOT (Internet of Things), Aerospace, Manufacturing, Security, Duplex, MDA, Rocket Lab, SPOT (satellite), LEO, Safety, Thales Alenia Space, Falcon, Intelligence, GSAT, CEO, Commercial, SPOT, IOT, SpaceX, NYSE, Government, Communications satellite, Globalstar

Globalstar, Inc. (NYSE American: GSAT), a leading provider of satellite-powered innovation, today announced the successful launch of the FM-15 spare satellite from Cape Canaverals Kennedy Space Center.

Key Points: 
  • Globalstar, Inc. (NYSE American: GSAT), a leading provider of satellite-powered innovation, today announced the successful launch of the FM-15 spare satellite from Cape Canaverals Kennedy Space Center.
  • The satellite is expected to remain as an in-orbit spare and will only be raised to its operational orbit at a future date, if needed.
  • Launch services provider SpaceX confirmed that the upper stage of the Falcon 9 rocket accurately injected the satellite into its targeted low earth orbit.
  • This latest satellite, which will serve as an in-orbit spare, plays a crucial role in our continued growth plans prior to the launch of additional satellites procured from MDA and Rocket Lab which are expected to launch in 2025.

Globalstar Announces First Quarter 2022 Results

Retrieved on: 
Thursday, May 5, 2022
Networks, Satellite, Mobile, Wireless, Technology, Telecommunications, Band, U.S. Securities and Exchange Commission, Ecosystem, Mining, Forward-looking statement, Private Securities Litigation Reform Act, IOT, EBITDA, LTM, Company, NYSE, LEO, Engineering, Public expenditure, MSS, Modem, Safety, MG, ARPU, Pouliadis Associates Corporation, Security (finance), Commercial, Government, Annual report, Industry, Total, SPOT (satellite), ERP, Sumathi Best Television Current Reporting Award, Radio, Human, Marketing, Solution, Growth, Transport, SmarTone, Collection, Risk, Intelligence, GSAT, Communications satellite, Renewable energy, Television, Video game, Mobile phone, Globalstar, SPOT, Duplex

Globalstar, Inc. (NYSE American: GSAT) today announced its operating and financial results for the quarter ended March 31, 2022.

Key Points: 
  • Globalstar, Inc. (NYSE American: GSAT) today announced its operating and financial results for the quarter ended March 31, 2022.
  • Subscriber equipment sales decreased $0.4 million in the first quarter of 2022 compared to the first quarter of 2021.
  • Loss from operations was $13.7 million during the first quarter of 2022 compared to $19.3 million during the first quarter of 2021.
  • Net loss improved by $15.9 million from the first quarter of 2021 to the first quarter of 2022.

Globalstar, Inc. Earnings Release Notice

Retrieved on: 
Monday, May 2, 2022
Data Management, Satellite, Technology, Other Technology, Telecommunications, Mobile, Wireless, Networks, NYSE, LEO, Modem, Intelligence, Safety, IOT, SPOT (satellite), Government, GSAT, SPOT, Communications satellite, Globalstar

Globalstar, Inc. (NYSE American: GSAT) will announce its first quarter 2022 financial results and business update on Thursday, May 5, 2022 after the market closes.

Key Points: 
  • Globalstar, Inc. (NYSE American: GSAT) will announce its first quarter 2022 financial results and business update on Thursday, May 5, 2022 after the market closes.
  • Globalstar pioneered personal safety by introducing its SPOT Satellite GPS Messenger in 2007.
  • With a portfolio that includes SPOT GPS messengers, next-generation IoT products and modems, and cloud-based telematics solutions, Globalstars cost effective satellite-powered innovations give users visibility and intelligence for improving safety and operational efficiencies.
  • Note that all SPOT products described in this press release are the products of SPOT LLC, which is not affiliated in any manner with Spot Image of Toulouse, France or Spot Image Corporation of Chantilly, Virginia.

Globalstar Appoints Telecom Leader Dave Haight to Drive IoT Growth

Retrieved on: 
Tuesday, March 8, 2022
Data Management, Communications, Technology, Satellite, Other Technology, Other Communications, Intelligence, Leadership, SPOT, Industry, LEO, Safety, Solution, Growth, NYSE, Duplex, SPOT (satellite), VARS, GSAT, AT&T, Government, AT, MDA, Rocket Lab, Communications satellite, Globalstar, IOT

Globalstar, Inc. (NYSE American: GSAT) today announced Dave Haight has joined Globalstar as vice president of IoT.

Key Points: 
  • Globalstar, Inc. (NYSE American: GSAT) today announced Dave Haight has joined Globalstar as vice president of IoT.
  • Haight is a prominent telecom and IoT industry leader, with extensive experience driving network connectivity growth and developing impactful strategies to build partner channels and strategic relationships in IoT.
  • And today, to further advance our IoT growth strategy, we add Dave Haight to our executive team.
  • We are confident that Dave will help us drive the commercial IoT pillar to great success," said Dave Kagan, Globalstar CEO.

Globalstar Signs Contract With MDA for New Satellites

Retrieved on: 
Thursday, February 24, 2022
Satellite, Networks, Internet, Other Manufacturing, Data Management, Technology, Manufacturing, Mobile, Wireless, Partnership, Government, Pouliadis Associates Corporation, Borrowing base, Public expenditure, Security (finance), Annual report, Intelligence, MDA, Company, Private Securities Litigation Reform Act, NYSE, Safety, U.S. Securities and Exchange Commission, Contractor, GSAT, Life, IOT, Forward-looking statement, Sumathi Best Television Current Reporting Award, SPOT (satellite), Rocket Lab, LEO, SPOT, Communications satellite, Television, Globalstar

As stated above, Globalstar is acquiring the new satellites to provide satellite services to the potential customer under the Terms Agreement, as well as services to Globalstars current and future customers.

Key Points: 
  • As stated above, Globalstar is acquiring the new satellites to provide satellite services to the potential customer under the Terms Agreement, as well as services to Globalstars current and future customers.
  • Globalstar maintains the option to acquire up to nine additional satellites with flexibility in timing to place such order in addition to other optional services under the contract.
  • If Globalstar elects to acquire new satellites, each satellite will be priced at $11.4 million, subject to certain price adjustments.
  • Globalstar plans to contract separately for launch services and launch insurance for the new satellites.

Globalstar, Inc. Earnings Release Notice

Retrieved on: 
Thursday, February 17, 2022
Networks, Satellite, Data Management, Mobile, Wireless, Technology, NYSE, Government, SPOT (satellite), Intelligence, IOT, LEO, SPOT, Safety, GSAT, Communications satellite, Globalstar

Globalstar, Inc. (NYSE American: GSAT) will announce its fourth quarter and annual 2021 financial results and business update on Thursday, February 24, 2022 after the market closes.

Key Points: 
  • Globalstar, Inc. (NYSE American: GSAT) will announce its fourth quarter and annual 2021 financial results and business update on Thursday, February 24, 2022 after the market closes.
  • Globalstar pioneered personal safety by introducing its SPOT Satellite GPS Messenger in 2007.
  • With a portfolio that includes SPOT GPS messengers, next-generation IoT products and modules, and cloud-based telematics solutions, Globalstars cost effective satellite-powered innovations give users visibility and intelligence for improving safety and operational efficiencies.
  • Note that all SPOT products described in this press release are the products of SPOT LLC, which is not affiliated in any manner with Spot Image of Toulouse, France or Spot Image Corporation of Chantilly, Virginia.