Globalstar's Strategic Expansion in Ground Infrastructure and Satellite Constellation
Globalstar has initiated a comprehensive upgrade of its ground infrastructure, including the installation of a new 6-meter tracking antenna at its Texas ground station, part of a plan to add approximately 90 antennas across 35 ground stations in 25 countries.
The expansion aims to increase network capacity, resiliency, and coverage, ensuring robust service in mission-critical environments, especially highlighted by recent power outages in Spain and Portugal where the satellite network remained operational.
The company signed a launch services agreement with SpaceX for deploying 9 new satellites, with the first launch expected later in 2025 and the second in 2026, to replenish its second-generation constellation and maintain service continuity.
Shift in Service Revenue Growth Due to Maritime Broadband Transition and PNT Revenue Delay
Service revenue outlook revised from 5-7% to 3-5% for 2025, primarily due to faster-than-expected maritime broadband conversions to companion services, USID funding reductions, and delayed PNT revenue recognition to 2026.
Maritime broadband remains a key service, especially as a backup solution for Starlink and VSAT, with new Iridium Certus GMDSS terminals expected to support long-term maritime revenue.
PNT revenue, critical for addressing GPS vulnerabilities, has been pushed into 2026, with management confident in its growth potential and industry adoption, especially in autonomous systems and critical infrastructure protection.
Gogo completed the first end-to-end call using its 5G chip in June 2025, marking a significant industry milestone.
The 5G chip is in final testing, with flight testing expected to start in September 2025 and go live by the end of the year.
Over 300 aircraft are pre-provisioned for 5G launch, with 170 towers installed across the U.S. and Canada.
Gogo has FAA approval to produce and manufacture the AVANCE LX5 5G LRUs and has 25 STCs covering 8,500 aircraft.
The upcoming 5G network deployment includes the installation of additional towers and network build-out, supporting a seamless transition for customers.
Dafinchi