Globalstar rises as C-3 network testing and launch timeline returns to focus

GSATGSAT

Globalstar shares are higher as investors focus on near-term catalysts tied to its next-generation network buildout and launch/ground testing timeline. A recent FCC action granted Globalstar temporary authority to test a third-generation feeder-link earth station in Duluth, Georgia, supporting upcoming system upgrades.

1. What’s moving the stock

Globalstar (GSAT) is trading higher in a modest move as the market gravitates back to execution milestones for the company’s next-generation satellite and ground-network expansion. A key recent regulatory development is an FCC public notice showing Globalstar Licensee LLC was granted special temporary authority (STA) beginning March 3, 2026 through April 1, 2026 to operate a third-generation feeder-link earth station in Duluth, Georgia for testing, a step that can de-risk integration and readiness for the next network phase. (docs.fcc.gov)

2. Why this matters now

The STA centers on feeder-link testing in specific frequency bands and explicitly references communications with Globalstar’s NGSO Big LEO MSS satellite system and its Globalstar 2.0 satellite system for testing purposes. That framing reinforces investor attention on operational preparation ahead of the company’s broader next-gen constellation and ground infrastructure roadmap, particularly as satellite and ground station progress can influence commercial capacity, service quality, and future revenue ramps. (docs.fcc.gov)

3. Recent fundamentals supporting the bid

Globalstar’s most recent full-year update (released February 27, 2026) reported record 2025 revenue of $273.0 million (+9% year over year) and highlighted ongoing ground station expansion and readiness for next-generation services, alongside commercial rollout activity in two-way satellite IoT and related modules. Traders frequently revisit these themes when near-term regulatory or testing milestones emerge, because they connect directly to the company’s ability to scale services and defend its strategic positioning in satellite connectivity. (investors.globalstar.com)

4. What to watch next

Investors will likely monitor (1) whether temporary testing authority transitions into additional approvals that support broader deployment, (2) evidence that ground and satellite programs remain on schedule, and (3) any incremental updates around launch timing for replenishment/next-gen satellites and network readiness. Any new regulatory filings, launch-window updates, or customer/partner announcements can quickly become the next catalyst in a stock that often trades on discrete execution milestones.