Yahoo Finance 3 Satellite Stocks That are Braving Industry Challenges
The pandemic-triggered business disruption continues to take a heavy toll on the Zacks Satellite and Communication industry. The industry participants are not only concerned about technological advancement but also regulatory decisions, standards and protocols, capital financing, and consumer-oriented digital market forces that dominate the direction of change.
Nevertheless, Iridium Communications Inc. (IRDM), Globalstar, Inc. (GSAT) and ORBCOMM Inc. (ORBC) are well positioned to benefit from the growing market penetration of small satellites. The industry players should gain from evolving satellite applications, development of global navigation satellite system, progress in satellite structure and increase in low-cost launching sites for small launch vehicles.
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ORBCOMM Inc. (ORBC) : Free Stock Analysis Report
Iridium Communications Inc (IRDM) : Free Stock Analysis Report
Globalstar, Inc. (GSAT) : Free Stock Analysis Report
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