← Globalstar, Inc. Common Stock overview

Globalstar, Inc. Common Stock vs Thaicom: why the prices moved differently

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Globalstar, Inc. Common Stock (GSAT)

Q3 2026
▲4

Amazon Deal and Satellite Launches Drive Globalstar Higher

  • Amazon's $11B Acquisition of Globalstar Amazon agreed to buy Globalstar for $11 billion, giving Globalstar a deep-pocketed owner and merging its spectrum into Amazon's planned 5,105-satellite network. This is the biggest force behind the stock, as it secures Globalstar's future and validates its technology.

    The Amazon acquisition is the single most important event driving GSAT's price, providing a clear exit and strategic backing.

  • Merger Progress and Q2 Revenue Globalstar reported Q2 revenue of $64.8 million and said the U.S. antitrust waiting period for the Amazon merger expired in July. The deal is expected to close in 2027, keeping investor confidence high despite a quarterly net loss.

    This shows concrete progress toward closing the Amazon deal, which is the main catalyst for GSAT's price.

  • First Replacement Satellites Successfully Launched Eight new Globalstar satellites built by MDA Space and Rocket Lab launched on August 15 and are now operating. These replenish Globalstar's aging network, supporting direct-to-device and IoT services, and show the company is investing in its future.

    The launch directly supports Globalstar's operational capacity and reinforces the value of its constellation to Amazon.

  • HIBLEO-4 Mission and Third-Generation Constellation Globalstar is advancing its HIBLEO-4 replenishment mission and developing a third-generation C-3 network of over 50 satellites. This expands capacity for direct-to-device, IoT, and government applications, positioning Globalstar for long-term growth.

    This highlights Globalstar's ongoing technological roadmap, which underpins its strategic value and future revenue potential.

July 2026
▲4

Amazon Deal and Satellite Launches Drive Globalstar Higher

  • Amazon's $11B Acquisition of Globalstar Amazon agreed to buy Globalstar for $11 billion, giving Globalstar a deep-pocketed owner and merging its spectrum into Amazon's planned 5,105-satellite network. This is the biggest force behind the stock, as it secures Globalstar's future and validates its technology.

    The Amazon acquisition is the single most important event driving GSAT's price, providing a clear exit and strategic backing.

  • Merger Progress and Q2 Revenue Globalstar reported Q2 revenue of $64.8 million and said the U.S. antitrust waiting period for the Amazon merger expired in July. The deal is expected to close in 2027, keeping investor confidence high despite a quarterly net loss.

    This shows concrete progress toward closing the Amazon deal, which is the main catalyst for GSAT's price.

  • First Replacement Satellites Successfully Launched Eight new Globalstar satellites built by MDA Space and Rocket Lab launched on August 15 and are now operating. These replenish Globalstar's aging network, supporting direct-to-device and IoT services, and show the company is investing in its future.

    The launch directly supports Globalstar's operational capacity and reinforces the value of its constellation to Amazon.

  • HIBLEO-4 Mission and Third-Generation Constellation Globalstar is advancing its HIBLEO-4 replenishment mission and developing a third-generation C-3 network of over 50 satellites. This expands capacity for direct-to-device, IoT, and government applications, positioning Globalstar for long-term growth.

    This highlights Globalstar's ongoing technological roadmap, which underpins its strategic value and future revenue potential.

Latest
▲4

Amazon Deal and Satellite Launches Drive Globalstar Higher

  • Amazon's $11B Acquisition of Globalstar Amazon agreed to buy Globalstar for $11 billion, giving Globalstar a deep-pocketed owner and merging its spectrum into Amazon's planned 5,105-satellite network. This is the biggest force behind the stock, as it secures Globalstar's future and validates its technology.

    The Amazon acquisition is the single most important event driving GSAT's price, providing a clear exit and strategic backing.

  • Merger Progress and Q2 Revenue Globalstar reported Q2 revenue of $64.8 million and said the U.S. antitrust waiting period for the Amazon merger expired in July. The deal is expected to close in 2027, keeping investor confidence high despite a quarterly net loss.

    This shows concrete progress toward closing the Amazon deal, which is the main catalyst for GSAT's price.

  • First Replacement Satellites Successfully Launched Eight new Globalstar satellites built by MDA Space and Rocket Lab launched on August 15 and are now operating. These replenish Globalstar's aging network, supporting direct-to-device and IoT services, and show the company is investing in its future.

    The launch directly supports Globalstar's operational capacity and reinforces the value of its constellation to Amazon.

  • HIBLEO-4 Mission and Third-Generation Constellation Globalstar is advancing its HIBLEO-4 replenishment mission and developing a third-generation C-3 network of over 50 satellites. This expands capacity for direct-to-device, IoT, and government applications, positioning Globalstar for long-term growth.

    This highlights Globalstar's ongoing technological roadmap, which underpins its strategic value and future revenue potential.

Thaicom Public Company Limited (THCOM.BK)

Q3 2026
▲2▼2

THCOM wins 2.45bn baht USO3 contracts, but faces 1.26bn baht lawsuit

  • Cabinet lawsuit over satellite concession The Cabinet authorized the Digital Economy Ministry to sue THCOM for 1.259 billion baht (1.15 baht per share, 11% of market value) over alleged breach of the satellite concession. This is a real legal overhang that could hit cash and future government satellite business, though brokers say the market reaction may be overdone.

    This is a major new legal risk that directly threatens THCOM's finances and government contracts.

  • Wins 2 of 5 USO3 border internet contracts worth 2.45bn baht THCOM's joint venture with Interlink Telecom won two USO3 contracts (Northeast and East-West) worth 2.45 billion baht. This provides certain revenue over five years, with installation starting early 2027. It helps offset losses during the satellite transition, though it won't fully turn the company profitable yet.

    This is a concrete new contract win that boosts future revenue and improves sentiment.

  • Broker upgrades on USO3 win Asia Plus raised THCOM's 2027 profit forecast from 381 million to 729 million baht and upgraded the stock to Buy with a target price of 11.80 baht. Kasikorn maintained Hold with a 12.47 baht target, noting the win beat expectations but isn't enough to end operating losses.

    Analyst upgrades directly influence investor perception and can drive buying interest.

  • THCOM remains a weak point in the group In the telecom group's Q2 results, THCOM posted a core loss of 79 million baht while TRUE and ADVANC reported strong profit growth. This highlights THCOM's ongoing struggles, especially with satellite transition delays, and keeps it a drag on the group's overall performance.

    This underscores THCOM's weak fundamentals relative to peers, which weighs on its valuation.

September 2026
▲2▼2

THCOM wins 2.45bn baht USO3 contracts, but faces 1.26bn baht lawsuit

  • Cabinet lawsuit over satellite concession The Cabinet authorized the Digital Economy Ministry to sue THCOM for 1.259 billion baht (1.15 baht per share, 11% of market value) over alleged breach of the satellite concession. This is a real legal overhang that could hit cash and future government satellite business, though brokers say the market reaction may be overdone.

    This is a major new legal risk that directly threatens THCOM's finances and government contracts.

  • Wins 2 of 5 USO3 border internet contracts worth 2.45bn baht THCOM's joint venture with Interlink Telecom won two USO3 contracts (Northeast and East-West) worth 2.45 billion baht. This provides certain revenue over five years, with installation starting early 2027. It helps offset losses during the satellite transition, though it won't fully turn the company profitable yet.

    This is a concrete new contract win that boosts future revenue and improves sentiment.

  • Broker upgrades on USO3 win Asia Plus raised THCOM's 2027 profit forecast from 381 million to 729 million baht and upgraded the stock to Buy with a target price of 11.80 baht. Kasikorn maintained Hold with a 12.47 baht target, noting the win beat expectations but isn't enough to end operating losses.

    Analyst upgrades directly influence investor perception and can drive buying interest.

  • THCOM remains a weak point in the group In the telecom group's Q2 results, THCOM posted a core loss of 79 million baht while TRUE and ADVANC reported strong profit growth. This highlights THCOM's ongoing struggles, especially with satellite transition delays, and keeps it a drag on the group's overall performance.

    This underscores THCOM's weak fundamentals relative to peers, which weighs on its valuation.

Latest
▲2▼2

THCOM wins 2.45bn baht USO3 contracts, but faces 1.26bn baht lawsuit

  • Cabinet lawsuit over satellite concession The Cabinet authorized the Digital Economy Ministry to sue THCOM for 1.259 billion baht (1.15 baht per share, 11% of market value) over alleged breach of the satellite concession. This is a real legal overhang that could hit cash and future government satellite business, though brokers say the market reaction may be overdone.

    This is a major new legal risk that directly threatens THCOM's finances and government contracts.

  • Wins 2 of 5 USO3 border internet contracts worth 2.45bn baht THCOM's joint venture with Interlink Telecom won two USO3 contracts (Northeast and East-West) worth 2.45 billion baht. This provides certain revenue over five years, with installation starting early 2027. It helps offset losses during the satellite transition, though it won't fully turn the company profitable yet.

    This is a concrete new contract win that boosts future revenue and improves sentiment.

  • Broker upgrades on USO3 win Asia Plus raised THCOM's 2027 profit forecast from 381 million to 729 million baht and upgraded the stock to Buy with a target price of 11.80 baht. Kasikorn maintained Hold with a 12.47 baht target, noting the win beat expectations but isn't enough to end operating losses.

    Analyst upgrades directly influence investor perception and can drive buying interest.

  • THCOM remains a weak point in the group In the telecom group's Q2 results, THCOM posted a core loss of 79 million baht while TRUE and ADVANC reported strong profit growth. This highlights THCOM's ongoing struggles, especially with satellite transition delays, and keeps it a drag on the group's overall performance.

    This underscores THCOM's weak fundamentals relative to peers, which weighs on its valuation.

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