As you know, GSAT signed a deal June for 23,000 devices in Latin America for remote based renewal energy. GSAT believes that while this order is significant, they will realize further large orders from this customer.
This deployment also opens the door for similar projects around the globe.
Given its growth prospects renewable energy is a good space to be. GSATs new edge/AI platform and solar powered asset tracking offer competitive advantages for GSAT.
While Apple deal has the spotlight it is important to note this other potential high growth area for GSAT.
$Globalstar(GSAT)$
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