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Globalstar (GSAT) guidance and outlook

Globalstar's 10-Q filed Nov 5, 2026 makes 11 forward-looking statements.

Guidance and outlook

Forward-looking statements, 10-Q filed Nov 5, 2026

• By providing global mobile satellite communications services, we aim to meet our customers' increasing desire for connectivity.
• The Third Generation Partnership Project ("3GPP"), an organization that produces technical specifications and reports for 3GPP technologies, has designated the 11.5 MHz terrestrial band as Band 53 with the 5G variant of our Band 53, known as n53 (collectively "Band 53/n53").
• In 2022, we entered into a satellite procurement agreement with Macdonald, Dettwiler and Associates Corporation ("MDA Space") pursuant to which we expect to acquire 17 satellites to replace our HIBLEO-4 U.S.-licensed system.
• These replacement satellites are expected to complement our existing second-generation constellation to ensure continuous service delivery.
• In February 2025, we entered into another agreement with MDA Space pursuant to which we expect to acquire more than 50 third-generation C-3 System (defined below) satellites related to the Extended MSS Network.
• We have announced plans to expand our ground networks to support the Extended MSS Network with construction underway at critical sites around the globe.
• In October 2026, the FCC issued an order granting us nationwide authority to operate our C-3 System; with this authorization, our C-3 System will be able to communicate with hundreds of millions of mobile earth terminals located in the United States, including direct-to-device connectivity to smartphones.
• Based on our testing conducted in 2025 and historical testing, we continue to believe that our constellation of other second-generation satellites will generally operate free of similar anomalies during their projected remaining useful lives.
• We expect these liquidity sources to meet our short-term and long-term liquidity needs for funding our operating costs, capital expenditures, including related to the Extended MSS Network and other growth opportunities, and financing obligations, including scheduled recoupments under the 2023 Funding Agreement and 2024 Debt Repayment as well as dividends on our Series A Preferred Stock.
• At September 30, 2026, our deferred revenue, net, totaled $1.2 billion, of which the majority is expected to be earned over a period in excess of five years as we perform services under the Updated Services Agreements.
• When project milestones were achieved, we removed the associated future cash flows from the total interest savings projections used to fair value the embedded derivative.

Globalstar's latest quarter

Questions

What does Globalstar expect?

By providing global mobile satellite communications services, we aim to meet our customers' increasing desire for connectivity. The Third Generation Partnership Project ("3GPP"), an organization that produces technical specifications and reports for 3GPP technologies, has designated the 11.5 MHz terrestrial band as Band 53 with the 5G variant of our Band 53, known as n53 (collectively "Band 53/n53"). In 2022, we entered into a satellite procurement agreement with Macdonald, Dettwiler and Associates Corporation ("MDA Space") pursuant to which we expect to acquire 17 satellites to replace our HI

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.