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David Kagan and David Tolley also appointed to BoardMIDDLETOWN, R.I., June 22, 2022 (GLOBE NEWSWIRE) -- KVH Industries, Inc., (Nasdaq: KVHI), today announced that its Board of Directors (the Board) has appointed Brent C. Bruun as President and Chief Executive Officer and a member of the Board. The ...

KVH Industries Names Brent Bruun President, Chief Executive Officer, and Director

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- 'SPOT LLC, a wholly owned subsidiary of Globalstar, Inc. (NYSE American: GSAT) and
  the leader in satellite messaging and emergency notification technologies, today
  announced the launch of an exclusive SPOT X Jeep Edition 2-way satellite messenger.
  This newest product launch comes after SPOT recently ...'


SPOT Introduces the New SPOT X Jeep Edition 2-Way Satellite Messenger

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- 'Today, Globalstar, Inc. (NYSE American: GSAT) announced that they will be showcasing
  with Nokia the benefits of a Band 53 TDD-LTE solution for private network applications
  geared specifically to the critical communications needs of utilities around the
  world at the upcoming UTC Telecom & ...'


Globalstar and Nokia to Demonstrate Band 53 Private LTE Solution at the UTC Telecom & Technology Conference in Fort Worth, Texas June 19-20th

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- Globalstar (NYSEMKT:GSAT) is on solid postmarket volume following its Q4 results,
  where the company trimmed operating losses thanks to lower costs amid growing revenue.
- While service revenues ticked up slightly, equipment sales rose nearly 70% thanks
  to the recent launches of SmartOne Solar and SPOT X. Subscriber growth in Simplex
  service was responsible for nearly all of the service growth.
- And while revenues rose $2.5M, operating expenses fell by $9.2M thanks in large
  part to $17.9M in asset impairments that didn't recur this year.
- Net loss rose to $96.5M from a year-ago loss of $22.6M, with a negative impact of
  $81.1M from change in noncash derivative valuation adjustments.


Globalstar trims operating losses; shares +5.6%

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- 'COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT) will announce
  its fourth quarter and annual 2018 financial results on Thursday, February 28, 2019
  after the market closes.'
- Globalstar is a leading provider of mobile satellite voice and data services.
- Globalstar data solutions are ideal for various asset and personal tracking, data
  monitoring, M2M and IoT applications.
- The Company's products include mobile and fixed satellite telephones, the innovative
  satellite Wi-Fi hotspot, Simplex and Duplex satellite data modems, tracking devices
  and flexible service packages.
- Note that all SPOT products described in this press release are the products of
  SPOT LLC, a subsidiary of Globalstar, which is not affiliated in any manner with
  Spot Image of Toulouse, France or Spot Image Corporation of Chantilly, Virginia.


Globalstar, Inc. Earnings Call Release Notice

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- NEW YORK, Jan. 14, 2019 (GLOBE NEWSWIRE) -- In new independent research reports
  released early this morning, Fundamental Markets released its latest key findings
  for all current investors, traders, and shareholders of Alphabet Inc. (GOOGL), Globalstar,
  Inc. (GSAT), Ingevity Corporation (NGVT), Vocera Communications, Inc. (VCRA), Sarepta
  Therapeutics, Inc. (SRPT), and FLIR Systems, Inc. (FLIR), including updated fundamental
  summaries, consolidated fiscal reporting, and fully-qualified certified analyst
  research.
- |-
  To read the full Alphabet Inc. (GOOGL) report, download it here:

  For the three months ended September 30th, 2018 vs September 30th, 2017, Globalstar reported revenue of $35.69MM vs $30.46MM (up 17.18%) and analysts estimated basic earnings per share $0.01 vs $0.04 (down 75.00%).
- |-
  To read the full Globalstar, Inc. (GSAT) report, download it here:

  For the three months ended September 30th, 2018 vs September 30th, 2017, Ingevity reported revenue of $311.20MM vs $264.10MM (up 17.83%) and analysts estimated basic earnings per share $1.18 vs $0.80 (up 47.50%).
- 'To read the full Vocera Communications, Inc. (VCRA) report, download it here: For
  the three months ended September 30th, 2018 vs September 30th, 2017, Sarepta Therapeutics
  reported revenue of $78.49MM vs $45.95MM (up 70.79%) and analysts estimated basic
  earnings per share -$1.15 vs -$0.78.'
- 'To read the full Sarepta Therapeutics, Inc. (SRPT) report, download it here: For
  the three months ended September 30th, 2018 vs September 30th, 2017, FLIR reported
  revenue of $434.90MM vs $464.71MM (down 6.42%) and analysts estimated basic earnings
  per share $0.53 vs $0.46 (up 15.22%).'


Analysis: Positioning to Benefit within Alphabet, Globalstar, Ingevity, Vocera Communications, Sarepta Therapeutics, and FLIR — Research Highlights Growth, Revenue, and Consolidated Results

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- Globalstar, Inc. (NYSE American:GSAT) (“Globalstar” or the “Company”), announced
  that the Third Generation Partnership Project (“3GPP”) has approved a global standard
  for terrestrial use of Globalstar’s spectrum at 2483.5-2495 MHz.
- 3GPP has designated Globalstar’s terrestrial S-band as Band 53, which now permits
  LTE services in the U.S. with additional geographies expected to be added in 2019.
- The approval provides for Time Division Duplex (“TDD”) services in Band 53 as a
  standalone band and allows Globalstar’s spectrum to serve as an anchor channel for
  carrier aggregation and LAA next year.
- Jay Monroe, Executive Chairman of Globalstar, commented, “3GPP standardization represents
  an important milestone in the Company’s spectrum efforts.
- Globalstar is a leading provider of mobile satellite voice and data services.


Globalstar Announces 3GPP Approval of Band 53 for 2.4 GHz Terrestrial Spectrum

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- |-
  SPOT is trusted, proven safety gear for those who work and play beyond cellular

  SPOT, LLC, a wholly owned subsidiary of Globalstar, Inc. (NYSE American: GSAT) and a leading provider of satellite messaging and emergency notification technologies, today announced that SPOT has reached a new milestone, surpassing one billion messages transmitted and more than 6,100 rescue incidents initiated worldwide.
- From lone workers, to outdoor recreation enthusiasts who want peace of mind, SPOT
  provides reliable communications and emergency notification services regardless
  of cellular coverage.
- The new SPOT X, a two-way satellite messenger, was introduced in May 2018, featuring
  an onboard backlit keyboard, GPS location tracking and direct communication to the
  International Emergency Response Coordination Center (IERCC).
- With the new SPOT X two-way satellite messenger, users can keep in touch with co-workers,
  family and friends, or if necessary, emergency personnel.
- SPOT LLC, a subsidiary of Globalstar, Inc., provides affordable satellite communication
  and tracking devices for recreational and business use.


SPOT Satellite GPS Messaging Devices Surpass Billion Messages Transmitted, 6,100 Rescues Worldwide

Globalstar, Inc. engages in the provision of mobile satellite services. It offers voice and data communications services to the following markets: recreation and personal, government, public safety and disaster relief, oil and gas, maritime and fishing, natural resources, mining, and forestry, construction, utilities, and transportation. The company was founded in November 2003 and is headquartered in Covington, LA.

Market Cap	$2.77B
Volume (M)	4.42M
52-Wk High	$1.72
52-Wk Low	$0.8538

GSAT Globalstar Inc.

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