GlobalStar (GSAT): FCC Reauthorizes HIBLEO-4 Constellation
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/23/2026
- Wall Street indexes dip with technology earnings, rising oil in focus
- Google increases capex forecast again after cloud-driven quarterly beat
- As Musk pivots beyond cars, Tesla’s autos engine is under strain
- Oil settles up more than 3% to six-week high as Mideast conflict threatens oil transit routes
- Can Alphabet earnings reignite investor enthusiasm for the Magnificent Seven?
FCC Reauthorizes Globalstar’s HIBLEO-4 Constellation
August 19, 2024 9:27 AM EDT15-Year license extension ensures continued exclusive operations in the Big LEO Band.
COVINGTON, La.--(BUSINESS WIRE)-- Globalstar, Inc. (NYSE American: GSAT), the next-generation mobile satellite and communications services provider, today announced that the United States Federal Communications Commission (FCC or the Commission) has issued an order granting Globalstars application to extend the term of its senior HIBLEO-4 authorization by an additional 15 years and operate up to 26 replacement satellites.
The Commissions reauthorization enables Globalstar, with over two decades of providing mobile satellite services globally, to continue to invest in, operate, and... More

