Globalstar (GSAT) traded higher as market attention returned to near-term execution milestones for its next-generation satellite network. A key catalyst in the background is an FCC public notice showing Globalstar Licensee, LLC was granted special temporary authority for 30 days (March 3, 2026 through April 1, 2026) to operate a third-generation feeder-link earth station in Duluth, Georgia for testing in specified frequency bands, supporting its next-gen system development and validation steps.

The STA helps de-risk the engineering and regulatory path for Globalstar’s broader C-3 roadmap by enabling real-world testing of ground infrastructure used to communicate with satellites. With Globalstar’s business increasingly tied to wholesale capacity and infrastructure build-out for expanded satellite services, incremental signs of forward progress can quickly tighten investor focus on timelines, delivery milestones, and eventual revenue ramp.

The rally also coincided with renewed investor focus on the expected 2026 launch window for Globalstar’s next-generation satellites. Publicly available launch manifests continue to list a 2026 Falcon 9 mission for a Globalstar-3 batch, reinforcing the idea that the constellation refresh remains an active, upcoming catalyst that could influence service continuity and growth expectations.