Story perspectives

Satellite Giants Globalstar and Viasat Eye Growth Amid Challenges

10/29/2025

Summary

Story summary

Globalstar, Inc. (GSAT) and Viasat, Inc. (VSAT) operate in a satellite-communications market projected to grow 10.2% CAGR from 2025 to 2030.
Globalstar is positioned for growth through the RM200 two-way module and strategic collaborations.
Viasat benefits from the Inmarsat acquisition, expanding global coverage.
Both companies face macroeconomic uncertainty and competition, and analysts rate both stocks as a Hold, with Globalstar's net debt at $5.6 billion and fiscal 2026 revenue flat.

History

Historical Context

The FCC's 2000 auction of satellite spectrum rights generated $16 billion, paving the way for competitive satellite communications. Following the launch of Telstar 1 in 1962, advancements in satellite technology have fueled growth in the sector, projected to expand at a 10.2% CAGR from 2025 to 2030, impacting companies like Globalstar and Viasat amid evolving market dynamics.

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Story summary

Globalstar, Inc. (GSAT) and Viasat, Inc. (VSAT) operate in a satellite-communications market projected to grow 10.2% CAGR from 2025 to 2030.
Globalstar is positioned for growth through the RM200 two-way module and strategic collaborations.
Viasat benefits from the Inmarsat acquisition, expanding global coverage.
Both companies face macroeconomic uncertainty and competition, and analysts rate both stocks as a Hold, with Globalstar's net debt at $5.6 billion and fiscal 2026 revenue flat.

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