Veytics Intelligence
2026-11-05 · Yahoo

Globalstar Announces Third Quarter 2026 Financial Results

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Globalstar, Inc. Successful satellite launch, key regulatory approvals, and strong Commercial IoT device sales highlight third-quarter achievements Generated third quarter 2026 revenue of $70.9 million with another quarter of strong Commercial IoT subscriber activations. Successfully launched first set of HIBLEO-4 replacement satellites, marking a major milestone in supporting the continued reliability and performance of Globalstar's existing mobile satellite services network. Advanced next-generation C-3 constellation development through key regulatory authorizations in the U.S. and Germany, alongside continued expansion of ground station infrastructure, including construction completion in U.S., Canada and Greece.

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