Globalstar

GSAT

Globalstar is a leading provider of mobile satellite voice and data services, operating the world's newest and most advanced low-Earth orbit (LEO) satellite constellation for affordable, reliable connectivity beyond terrestrial network coverage.

Covington, United States
Est. 1991
Commercial Public
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Quick Facts
Country
United States
Founded
1991
Type
commercial
Status
public

About Globalstar

Globalstar is a leading provider of mobile satellite voice and data services, operating the world's newest and most advanced low-Earth orbit (LEO) satellite constellation for affordable, reliable connectivity beyond terrestrial network coverage. The company serves commercial and recreational users across land, sea, and air with solutions ranging from satellite phones to IoT asset tracking devices.

The Globalstar constellation consists of second-generation satellites launched between 2010-2013, orbiting approximately 1,414 kilometers above Earth. This LEO architecture enables lower latency and better signal quality than geostationary alternatives while supporting compact, handheld devices. The satellites utilize CDMA technology and operate in S-band and L-band frequencies, delivering voice, duplex data, and one-way data services globally.

Globalstar's SPOT product line revolutionized personal safety with GPS messenger devices enabling location sharing, tracking, and emergency SOS communications in remote areas. The SPOT X and SPOT Gen4 serve hikers, adventurers, fleet managers, and outdoor workers. Globalstar satellite phones provide push-to-talk and voice communications for industries including oil and gas, mining, forestry, emergency response, and government.

The company's Commercial IoT division delivers satellite connectivity for asset tracking, SCADA monitoring, pipeline surveillance, and machine-to-machine applications. Globalstar technology enables connectivity for vessels, vehicles, and equipment operating beyond cellular coverage. Through partnerships with automotive manufacturers, Globalstar provides emergency services and connected car features. The company continues expanding its ecosystem through new ground infrastructure, service development, and potential spectrum monetization opportunities with terrestrial partners.

Key People

Paul Jacobs (CEO)

Categories & Capabilities

Stock Performance

GSAT · Daily close data

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Funding

Market Cap
3500000000

Location

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Data Accuracy Notice: Information about Globalstar is compiled from publicly available sources including company websites, press releases, regulatory filings, and industry reports. Data is reviewed periodically but may not reflect the most recent developments.

Last updated: January 15, 2025
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