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Stock impact report

Zacks Industry Outlook Highlights Globalstar, Iridium Communications and Telesat [Yahoo! Finance]

Telesat Corporation (TSAT) 
Company Research Source: Yahoo! Finance
Industry: Satellite and Communication Link:https://www.zacks.com/commentary/2373261/3-stocks-to-watch-from-the-satellite-and-communication-industry The Zacks Satellite and Communication industry participants are well-poised to gain from an increasing proliferation and cheaper access to space technology. This trend is leading to a diversification in end-market users. AI, Machine Learning and Big Data have given rise to multiple use cases across industries like oil and gas, agriculture, transportation and non-governmental organizations. Geopolitical competition in space as a contested domain is boosting investments by global militaries. Globalstar Iridium Communications and Telesat Corp. have significant growth potential on global security threats, surging defense budgets and demand for high-quality imagery and value-added services. However, volatile macroeconomic challenges, inflation and supply chain dynamics could affect the companies' growth prospects. The Zacks Satellite a Show less Read more
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