Is Apple's $1.5B Satellite Deal the Future?In the rapidly evolving world of satellite communications, a transformative partnership has emerged between tech giant Apple and satellite operator Globalstar. This landmark $1.5 billion agreement has the potential to reshape the way we connect in remote and underserved regions, inspiring questions about the future of global connectivity.
At the heart of this deal lies Globalstar's commitment to develop and operate a state-of-the-art mobile satellite services (MSS) network. Backed by Apple's substantial infrastructure prepayment of up to $1.1 billion and a $400 million equity investment, Globalstar is poised to enhance the reliability and coverage of emergency satellite communications for iPhone users worldwide. This strategic alliance not only demonstrates Apple's long-term vision for satellite-based connectivity but also positions Globalstar as a dominant player in an industry that is expected to witness a surge in activity in the coming decade.
As the satellite communications sector braces for the launch of an estimated 50,000 satellites into low-Earth orbit, this Globalstar-Apple partnership stands out as a game-changer. By dedicating up to 85% of its network capacity to Apple, Globalstar is solidifying its role as a critical infrastructure provider, catering to the growing demand for seamless connectivity in remote and underserved regions. This move, coupled with Globalstar's plans to expand its satellite constellation and ground infrastructure, suggests a future where satellite-based services become increasingly integrated into our everyday lives.
The financial implications of this deal are equally compelling. Globalstar projects that its annual revenue will more than double in the year following the launch of the expanded satellite services, marking a significant improvement from its recent financial performance. Furthermore, the company's ability to retire its outstanding senior notes and secure favorable adjustments to its funding agreement highlights the transformative nature of this partnership, positioning Globalstar for long-term growth and stability in the evolving satellite communications landscape.
GSAT
$GSAT | Bearish Butterfly HarmonicGSAT has formed a bearish butterfly harmonic -> going short here
Highly likely it will go to 618 retracement -> ~40-50% downside
GSAT ER coming upGSAT ER coming up on 11/5 Pre-market, hope they gonna release some good news, we still haven't known the mystery player involved in giving GSAT $90m dollars yet.
GSATIve been a fan for awhile.
The news about Apple died, but it's always been a favorite penny stock mine
Thanks
Kaz
Buy Global Star (GSAT) 8/10/2021You can buy GSAT target 2.4 stop loss 1.19
money management your responsibility.
I recommend entering a maximum of 10% of the portfolio.
Good luck
GSAT may form Bearish Flag pattern. 6/Oct/21GSAT ( Globalstar ) may form a bearish flag pattern where price might stalled at around 6.34 which are 1) Supply Zone 2) Upper Line of bearish flag pattern ..
GSAT might fill the gap downGSAT intends to fill the gap before a bounce back. It needs to hold trend line or bounce on the SMA 200. I consider adding some leap calls or shares around $1.45.
$GSAT Wedge Pattern EASY!!Super simple set up here we need volume confirmation to follow through with this trade
Yet another sat compBut quite inexpensive, comparatively speaking.
Will do a more thorough and thoughtful TA later tonight or tomorrow.
Until then. Just wanted to note for my memory.
GSATGlobalstar (NYSEAMERICAN:GSAT) The $2.42 area is a critical resistance region that can determine overall bias for the stock in the short-term. Bulls are now attacking the 2.25 price level, a break above could trigger a rally towards 2.42 resistance again. Keep an eye on these levels. Love the look of this hourly chart.
GSAT is good for long term here!!! GSAT touches the trend line on daily chart, you can take risk to entry around $1.45 and wait for a bounce right here. Moreover, it has a gap down at $1.32, and it could fill the gap around there. Anyway, Gsat is a good stock for long term,.
Space RaceSome companies involve in the space race as of mid 2021. Perhaps precedent setting for future entries by Starlink, SpaceX, Blue Moon, Telesat, OneWeb
On display are: ARKX, GSAT, SPCE, LORL and ASTR
GSAT Channel I see from the Chart, just for Laugh and Gigglesif GSAT enter the channel again and close inside the channel, that would be the first big run-up
After entering and stay inside and channel, GSAT break the upper channel. Even huge upside will be brewing.
Just my point of view
#stocks #penny #GSAT, #GlobalstarINC, BullishIn this video, the discussion is about the #GSAT, Price Action analysis, resistance, and support, risk to reward ratio.
Note: The discussion on the video is not financial advice and is purely for training and educational purpose.
BOOM TARGET HIT $GSAT @ 1.76 for 44.63% Profit in 19 daysBOOM TARGET HIT $GSAT @ 1.76 for 44.63% Profit in 19 days
YAASSSS... I'm outta here for now. Good game, as always, GSAT. I seriously love swinging this 🥳
NEW POSITION $GSAT Target 1.75 for 44.63% $GSAT Target 1.75 for 44.63%
Or double position at .67
I'm actually a longtime fan of GSAT. It's always made some great moves. Sometimes you have to be patient with it.
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
SMALLCAP - SPACE/5G - FUNDAMENTAL/TECHNICAL - GSATFA:
- Very bullish on space/5G sector, believe it is one of the next big macro trends, also long on GILT, NOK, and others... more analyses to come on this sector.
- Collaborations with Nokia and QCOM... The hype isn't in this sector yet, but ARK is marking ARKX and IZRL for a reason... get in before the FOMO, the sector will see a boom cycle soon.
- High Shares Float is risk.
- Blackrock, Goldman, and RenTec especially have positions and are increasing their ownership substantially.
TA:
- I see wave 3 of impulse wave, good to catch the wave 5... extension is likely as this trend catches on.
QA:
- Bullish options flow.
- Citadel has some options on this, dont be greedy with this high float.
TP1: 4.57
SL: 1.12
RRR: 2.99
PS: Trying to bring you more premium content with my consistent trading strategy and thought process.
GSAT (Globalstar, Inc.) 24 day price patternMeaningful prediction of GSAT price action. We have identified a 24 day price pattern worth sharing.
Ready to break through the triangleGSAT is getting ready to break through the triangle, if it does, it can land somewhere in the target rectangle on the chart
Break out to all time highs Gsat has been more boring to watch than watching paint dry these last few weeks. With such a choppy market its no surprise this stock has taken a beating. However, we are in a downward channel approaching a potential break out in the next few days. GSAT 50 day moving average is still much higher than the 200 day moving average which is a bullish sign. Although we are trading at about the 100 day moving average I believe there are some big moves to be made with this company. We are beginning to see a shift in the mac d as well from bearish to a turning point which could give us enough momentum to break out of this wedge . The last few days GSAT has held Fib retracement of about $1.70 very well. RSI on the daily is 51 so we are still bullish but signals to us we are in the make or break zone. GSAT will either run to reach new ATH or perhaps dive back to Fib retracement of $1. 40 . This is a great company with a lot of big money moving in and huge interest in call options. Me personally am holding 2.5 April 16th call option for an average price of 0.20. Perhaps it could be good to start with a small position and scale up if we break out bullish or exit if we break out bearish .
