Globalstar (GSAT) Stock Skyrockets in 2025 – Apple Deal and IoT Ambitions Fuel Outlook
Globalstar’s 2025 Performance: From Penny Stock to Satellite Powerhouse Globalstar, Inc. (NYSE American: GSAT) has transformed from a niche satellite phone operator into a rising star of the satellite communications boom. Year-to-date in 2025, GSAT shares have climbed roughly 35–40%, handily beating the broader market. The stock recently hit new 52-week highs around $42 investors.globalstar.com after a steady uptrend through the summer. In fact, Globalstar’s market value has more than doubled compared to a year ago, reflecting renewed investor confidence investing.com. This surge has been fueled by blockbuster partnerships and improving financial results, which together signal that the company’s long-term
