Globalstar's Satellite Gamble: Will It Pay Off?

Globalstar stock jumps as they unveil their HIBLEO-XL-1 satellite system, aiming for a bigger slice of the $1.8 trillion global space economy. Building on a $1.5 billion investment and ground station expansions, Globalstar's upgrades promise faster service for millions. Despite a volatile year, long-term investors have seen impressive growth. Is now the time to invest in Globalstar's satellite future, or should you wait and see? Hosted on Acast. See acast.com/privacy for more information.