Globalstar Inc.
GSAT | NASDAQ
$82.97
+$0.13 (+0.16%)
Sep 21, 2026, 12:34 PM ET · Market open
Company Profile
Globalstar, Inc. operates globally, delivering a range of mobile satellite communication solutions. Its offerings encompass two-way voice and data satellite communication, available for both mobile and fixed applications. This includes providing connectivity and equipment crucial for remote business operations, recreational activities, safety protocols, and emergency response. They also supply stationary satellite communication equipment and services for industrial, commercial, and residential locations, including isolated communities and maritime vessels. Additionally, data modem services and associated hardware are a key part of their portfolio. Globalstar further extends its reach with consumer-oriented SPOT products, notably the SPOT satellite GPS messenger, which provides personal tracking, emergency location, and messaging capabilities. They also offer SPOT Trace, an advanced device designed for anti-theft and asset monitoring. The company also provides commercial one-way data transmission solutions for the Internet of Things (IoT), enabling the tracking of cargo containers and rail cars, alongside the monitoring of utility meters and critical oil and gas infrastructure. Additionally, Globalstar offers wholesale airtime to independent gateway operators (IGOs) and delivers specialized engineering support, encompassing custom hardware and software design for bespoke applications, alongside the installation of gateway infrastructure and antennas. Its distribution network is multifaceted, encompassing direct sales channels and a broad ecosystem of independent agents, authorized dealers, resellers, retailers, its internal sales team, independent gateway operators (IGOs), and its e-commerce platform. By the close of 2020, the company boasted roughly 745,000 subscribers. Their diverse clientele spans sectors such as recreation and personal use, government agencies, public safety and disaster relief organizations, oil and gas, maritime and fishing, construction, utilities, transportation, and various natural resources industries including mining and forestry. Globalstar maintains a strategic partnership with XCOM Labs, aimed at the joint commercialization of XCOM's advanced capacity-enhancing technology in conjunction with Globalstar's n53 spectrum for 5G deployments. This collaboration targets implementation within the United States and other nations where Globalstar possesses terrestrial spectrum rights. Established in 1993, Globalstar's corporate headquarters are situated in Covington, Louisiana.
Key Executives
| Name | Position |
|---|---|
| Paul E. Jacobs | Chief Executive Officer & Director |
| Matthew S. Grob | Chief Technology Officer |
| Jake Rembert | Vice President of Sales - United States, Africa and Central & South America |
| James Monroe | Executive Chairman |
| Kyle Pickens | Vice President of Strategy & Communications |
| L. Barbee Ponder | General Counsel & Vice President of Regulatory Affairs |
| Mersad Cavcic | Chief Product Officer |
| Peter Black | Chief Scientist |
| Rebecca S. Clary | VP, CFO & Corporate Secretary |
| Timothy Evan Taylor | Vice President of Finance, Business Operations & Strategy and Director |
Globalstar Inc.
| Country | United States |
| IPO Date | Nov 1, 2006 |
| Industry | Telecommunications Services |
| Sector | Communication Services |
| Employees | 477 |
| CEO | Paul E. Jacobs |
Contact Details
1351 Holiday Square Boulevard Covington,
Louisiana 70433 United States
Stock Details
| Ticker Symbol | GSAT |
| Exchange | NASDAQ |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001366868 |
| CUSIP Number | 378973507 |
| ISIN Number | US3789735079 |
| SIC Code | 4899 |
Recent News
- 7 hours ago / globenewswire.comGlobalstar Completes Expansion of Greece Ground Station, Marking Key Milestone in Global Infrastructure Buildout
- 1 month ago / defenseworld.netBank of America Corp DE Decreases Holdings in Globalstar, Inc. $GSAT
- 1 month ago / proactiveinvestors.co.ukRocket Lab launches eight Globalstar satellites
- 2 months ago / zacks.comGlobalstar (GSAT) Reports Q2 Loss, Lags Revenue Estimates
- 3 months ago / zacks.comHow Will HIBLEO-4 Strengthen Globalstar's LEO Network?
- 4 months ago / 247wallst.comYou're Going to Regret Not Buying This ETF Before SpaceX's IPO
- 4 months ago / businesswire.comGlobalstar Announces an Update to the HIBLEO-4 Satellite Replenishment Launch
- 4 months ago / businesswire.comGlobalstar Announces Upcoming HIBLEO-4 Satellite Replenishment Launch with SpaceX
- 5 months ago / zacks.comGlobalstar (GSAT) Reports Q1 Loss, Lags Revenue Estimates
- 5 months ago / fool.comMassive News: This Satellite Stock Could Be Amazon's Next Big Acquision
Add to Watchlist
Select watchlists to add or remove GSAT