MDA Space Advances Globalstar Mission as First Eight Satellites Complete Tests

MT newswire2026/11/10 14:35

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10:35 AM EST, 11/10/2026 (MT Newswires) -- MDA Space (MDA) said all eight Globalstar (GSAT) replenishment satellites launched Aug. 15 successfully completed initial functional tests. The satellites are part of a 17-satellite order destined for Globalstar's existing low-Earth-orbit constellation. Payload health checks are continuing, and electric orbit raising has begun for the first two satellites, MDA said Tuesday in a statement. The remaining nine satellites have completed final stages of integration at MDA's Montreal facility. MDA shares rose 0.1% in Tuesday trading, and Globalstar gained 0.9%. Price: 30.78, Change: +0.04, Percent Change: +0.13

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The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.

华尔街见闻•2026/11/10 18:41