Globalstar reported second quarter 2026 total revenue of $64.8 million and a net loss of $26.5 million, compared to prior year results of $67.1 million in revenue and $19.2 million in net income. Adjusted EBITDA decreased to $26.0 million from $35.8 million in the same period last year. The company achieved record high Commercial IoT subscriber activations, driving a 20% increase in gross activations on a trailing twelve-month basis. Progress continues on the previously announced merger with Amazon, which is expected to close in 2027 following the expiration of the HSR waiting period in July 2026 and pending remaining regulatory approvals from the FCC and international authorities. Globalstar suspended future earnings conference calls and forward-looking guidance updates due to the pending transaction.