Apr. 4 at 5:47 AM
$GSAT I especially like the points that include MDA is building both satellite groups concurrently and have paid by advance payments from
$AAPL per the customer agreements.
delay credits aren't really a concern as whatever is worked out will be credited to the milestone payments
really interesting is the right to CANCEL for convenience lol. as in like you fucked up MDA. SPACEX is now going to build them 100 times faster lol. or even more crazy is
$AMZN could also just build them in Kirkland, WA . although I do like the
$MDALF tech :)
I also like the fact that Support Services Agreement with XCOM is no longer in effect as of the 2nd quarter 2025 :)
there is a unique warning on page 28/ 29 about Thermo majority may cause delays in "takeover" lol and may go against my voting decisions lol. don't threaten me with a good time. I signed up for this ride and its been a crazy one for sure.
Once the Street realizes this wont sell for less then 40bil going 2be exciting!
https://investors.globalstar.com/node/16811/html