Boston, MA 03/28/2014 (wallstreetpr) – According to the findings of the international markets researcher Research and Market, Globalstar, Inc. (OTCMKTS:GSAT) is among the players in the global satellite market with potential to benefit from moderate growth in the space. The sector of global satellite is poised to benefit from emerging trends such as the increase in the demand for high power, especially due to the need for high bandwidth. This growth is expected to take place between 2013 and 2018. In the most recent quarter, GSAT ended up with revenue of $21 million, exceeding the $19.1 million realized in the corresponding quarter a year ago. Nonetheless, net loss was wider in the quarter, coming in at $234.8 million in the fourth quarter of 2013 against $19 million in the comparable quarter of 2012.
Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) through its wholly-owned subsidiary Perma-Fix Medical Corporation has announced the successful validation of its technology involved in the production of Technetium-99m or Tc-99m. The company announced that the technology was validated after a series of rigorous tests. According to CEO of the subsidiary, Dr. Louis F. Centofanti, reaffirming and validation of their Tc-99m technology not only puts the business in the path of a promising market, but will also address the needs of the global Tc-99m supply chain. Besides offering a cheap and safe Tc-99m production process, the company announced their technology also meets and addresses key environmental concerns. The market in which Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) is vying with its latest radioisotope technology is projected to be worth more than $1.6 billion by 2017 in Europe alone.
Unwired Planet Inc (NASDAQ:UPIP) which continues to hit highs after patent, with more than 20 percent jump Thursday, announced changes to its board. The company announced that Mr. Richard Chernicoff will join its board. Also, board members Peter Feld and Mike Mulica were reported to have resigned their board positions. UPIP recently announced a patent deal with PC maker Lenovo and the impact of that transaction has been very overwhelming in the stock.
