NXPL

NextPlat Corp (NASDAQ:NXPL) is a technology company that emerged from a series of strategic mergers and acquisitions to become a diversified provider of mobile satellite services and healthcare solutions. Originally founded as Orbsat Corp in 1999, the company went public and operated primarily in satellite communications before rebranding to NextPlat Corp in January 2022. The transformation accelerated with the completion of a merger with Progressive Care in 2024, which added a substantial healthcare segment to its operations. Today, NextPlat operates two main business divisions: an e-commerce segment focused on satellite communication products and services, and a healthcare segment providing pharmacy services primarily to underserved communities. Headquartered in Coconut Grove, Florida, the company serves customers across more than 140 countries while maintaining a significant domestic healthcare presence.