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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 54.41+7.1%Oct 31 9:30 AM EST

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To: Jeff Vayda who wrote (29850)12/9/2022 1:48:01 PM
From: pcstel   of 29986
 
And of course, as I have been noting as the true technology disruptor since the original announcment with TMobile.

"In making this application, SpaceX seeks to leverage its existing space resources to
provide even more ubiquitous connectivity options to Americans with a goal of “global
affordable connectivity.” This includes the proposed direct-to-cellular system for LTE devices,
which can include cell phones as well as LTE-capable Internet-of-Things (“IoT”) devices, which
follows SpaceX’s expansion into this mobile services arena with its acquisition of Swarm
Technologies, Inc."

The cost of Sat IoT User Devices via Starlink is about to collapse from hundreds of dollars..... To tens of dollars. MSS companies like Globalstar and Iridium have largely re-invented themselves as Satellite IoT companies from Satellite Phone companies. I am not sure that is an ideal long-term vision given the plans of Starlink/SpaceX

And so it goes,
PCSTEL
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