Why this satellite communications stock should be on your radar: Globalstar, Inc (XNYS:GSAT)
Globalstar, Inc. (XNYS: GSAT) is a provider of mobile satellite voice and data services. The company operates a low Earth orbit (LEO) satellite constellation, which it uses to provide communications services to customers in remote and hard-to-reach areas. Globalstar’s services include satellite voice and data communications, asset tracking, and remote sensing. The company’s products include satellite phones, modems, and tracking devices, as well as a range of airtime and service plans. Globalstar was founded in 1991 and is headquartered in Covington, Louisiana.