FCC approves Globalstar's next-gen C-3 satellite system for US operations, enabling direct-to-device connectivity.

The US Federal Communications Commission (FCC) has granted Globalstar nationwide authority to operate its third-generation C-3 satellite system. This system, designed for direct-to-device connectivity including smartphones, will enhance satellite communication capacity and performance across the US. The C-3 constellation includes 48 low Earth orbit satellites and multiple ground stations, with operations controlled from the US and France. This approval marks a significant step for Globalstar to expand its next-gen satellite services and global connectivity solutions.

Globalstar's market cap stands at $10.67 billion as of Oct 19, 2026, 20:32 WIB, with a daily trading volume of 700,961 shares on Pluang. The stock price is currently $83.03, showing a modest increase of 0.79% for the day. This steady trading activity highlights investor interest following the FCC's authorization of Globalstar's third-generation C-3 satellite system in the US.