Globalstar Inc. (GSAT)
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2.22
0.68%
After-hours Jan 03, 2025, 05:58 PM EST

Company Description

Globalstar, Inc. provides mobile satellite services worldwide.

The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications; fixed voice and data satellite communications services and equipment at industrial, commercial, and residential sites, as well as rural villages and ships; and data modem services and equipment.

It also provides SPOT consumer retail products, such as SPOT satellite GPS messenger for personal tracking, emergency location, and messaging solutions; and SPOT Trace, an anti-theft and asset tracking device.

In addition, the company offers commercial Internet of Things one-way transmission products to track cargo containers and rail cars, as well as to monitor utility meters, and oil and gas assets.

Further, it sells wholesale minutes to independent gateway operators (IGOs); and provides engineering services, such as hardware and software designs to develop specific applications; and installation of gateways and antennas.

The company distributes its products directly, as well as through independent agents, dealers and resellers, retailers, IGOs, and sales force and e-commerce Website.

As of December 31, 2020, it had approximately 745,000 subscribers.

The company primarily serves recreation and personal, government, public safety and disaster relief, oil and gas, maritime and fishing, construction, utilities, and transportation, as well as natural resources, mining, and forestry markets.

Globalstar, Inc. has a strategic alliance with XCOM Labs to jointly commercialize XCOM's capacity-multiplying technology with Globalstar's Band n53 for 5G deployments in the United States and other countries where Globalstar has terrestrial rights.

The company was founded in 1993 and is headquartered in Covington, Louisiana.

Globalstar Inc.
Globalstar Inc. logo
Country United States
IPO Date Nov 2, 2006
Industry Telecommunications Services
Sector Communication Services
Employees 348
CEO Dr. Paul E. Jacobs Ph.D.

Contact Details

Address:
1351 Holiday Square Boulevard
Covington, Louisiana
United States
Website https://www.globalstar.com

Stock Details

Ticker Symbol GSAT
Exchange AMEX
Fiscal Year January - December
Reporting Currency USD
CIK Code 0001366868
CUSIP Number 378973408
ISIN Number US3789734080
Employer ID 41-2116508
SIC Code 4899

Key Executives

Name Position
Dr. Paul E. Jacobs Ph.D. Chief Executive Officer & Director
Matthew S. Grob Chief Technology Officer
Rebecca S. Clary CPA Vice President & Chief Financial Officer
Jake Rembert Vice President of Sales - United States, Africa and Central & South America
James Monroe III Executive Chairman
Kyle Pickens CFA Vice President of Strategy & Communications
L. Barbee Ponder IV General Counsel & Vice President of Regulatory Affairs
Peter Black Chief Scientist
Timothy Evan Taylor Vice President of Finance, Business Operations & Strategy and Director
Wen Doong Senior Vice President of Engineering & Operations

Latest SEC Filings

Date Type Title
Dec 31, 2024 4 Filing
Dec 31, 2024 4 Filing
Dec 31, 2024 4 Filing
Dec 30, 2024 4 Filing
Dec 27, 2024 DEF 14C Filing
Dec 26, 2024 4 Filing
Dec 23, 2024 4 Filing
Dec 20, 2024 4 Filing
Dec 19, 2024 8-K Current Report
Dec 19, 2024 4 Filing