1. Globalstar's extended agreement with Apple is expected to double annual revenues and improve profitability margins; 2. The Q1 2025 Nasdaq uplisting, accompanied by a reverse stock split, is anticipated to attract more institutional investors; 3. The IOT segment has potential, leveraging up to 15% of the new MSS network capacity for IOT applications in a rapidly expanding market; 4. Despite lagging profitability metrics and high valuation ratios, the stock offers an asymmetric risk-to-reward opportunity and is rated as a strong buy.