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Nextplat Corp

NextPlat Corp is a healthcare and e-commerce company operating in Europe, North America, South America, Asia and Pacific, and Africa. It operates through two segments: e-Commerce Operations and Healthcare Operations. The company runs full-service retail and specialty pharmacies offering prescription pharmaceuticals, tele-pharmacy, medication therapy management, disease testing, vaccinations, and related services. It also operates e-commerce websites and third-party storefronts providing mobile satellite services, IoT and machine-to-machine connectivity, tracking devices, and the GTCTrack mapping portal. Formerly known as Orbsat Corp., it changed its name to NextPlat Corp in January 2022. Founded in 2008, it is headquartered in Hallandale Beach, Florida.

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NextPlat to acquire Pensacola area pharmacy

NextPlat has agreed to acquire an independent pharmacy near Pensacola, Florida, expanding its PharmcoRx business into northwest Florida. The pharmacy generated about $5.6 million in 2025 sales with retail margins of about 19% and was profitable. NextPlat expects about 20% organic growth in its healthcare operations in 2026.
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