Aug. 19 at 6:05 PM
$GSAT $GCTS has the chip the FCC was requiring for transfer from cellular to NTN to prevent any lapse in coverage. Also,
$GCTS chips could be used for Amazon for cheap location of pallets, trucks, etc to prevent inventory loss and provide a more up to date delivery to end consumer. Most likely will press my gains from
$GSAT into
$GCTS as this rabbit hole is a fun one to watch.
Only issue currently is the same problem GSAT faced: debt/financing. Current run rate will bleed GCTS dry by Q2 2027, but if Amazon pulls a similar card like Apple did with GSAT, then it’s off to the races. Or if they create a reference platform agreement and have OEM/ODM’s incorporate to new devices, that would be the catalyst of orders GCTS needs to be profitable. Going to watch this as the next leg of my GSAT saga.
