FreeCast Shares Jump on Deal to Add Broadband Connectivity to Portfolio

Dow Jones06-18

By Connor Hart

Shares of FreeCast more than doubled after the company said it entered into a reseller agreement for Starlink Business services, adding broadband access to its portfolio.

The stock jumped 160%, to $13.41, in premarket trading Thursday. Shares began publicly trading in March.

The technology company said the reseller agreement will allow it to offer enterprise-grade satellite broadband connectivity alongside its portfolio of media, television, advertising and digital-engagement solutions.

"Connectivity and content have historically been delivered separately," Chief Executive William Mobley said, noting the combined offering will create a more comprehensive portfolio.

Broadband connectivity increasingly serves as the foundation for digital-media consumption, local communications and consumer engagement, the company said.

The combined offering may also enable organizations to pursue multiple monetization strategies through a single deployment, FreeCast added.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

June 18, 2026 06:30 ET (10:30 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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