Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 62.89

-0.6%

Dec 26 9:30 AM EST

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From: Jeff Vayda	11/10/2025 7:07:12 AM
	of 29987

MDA/Rocket Lab’s 17-Satellite Globalstar Contract Delayed Again, to Mid-2026; Globalstar to Impose Liquidated Damages (Source: Space Intel Report) The contracting team of MDA Space and Rocket Lab USA has encountered repeated delays in the construction of 17 mobile communications satellites for Globalstar and will be liable for liquidated damages under the contract, Globalstar said. The satellites were originally scheduled for launch on two SpaceX Falcon 9 rockets in 2025. Globalstar now expects neither to occur before sometime in 2026, with the first by mid-year. (11/7)

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