Globalstar Inc.

About Globalstar Inc.

Globalstar is an international telecom infrastructure provider and technology disruptor that empowers customers to connect, transmit, and communicate in smarter, easier, secure, and affordable ways. They offer reliable satellite and terrestrial connectivity services, revolutionizing field operations with always-on, always-connected solutions tailored for business efficiency and productivity.

Products & Services

Industrial IoT Asset Tracking:Satellite IoT devices for remote business monitoring and near real-time tracking on the Globalstar LEO satellite network, enhancing operational efficiency and redundancy to terrestrial networks.

SPOT Satellite Devices:Affordable and reliable satellite messengers for location-based tracking and messaging in personnel safety management, featuring life-saving technology with a one-touch SOS button.

Voice & Data:Portable satellite communication solutions for areas without cellular coverage, enabling talk, text, email, and emergency Search & Rescue services from vehicles, vessels, or buildings.

Realm Enablement Suite:A platform for asset tracking and telematics applications, transforming data at the edge to reduce development time and satellite transmission costs while enabling AI-driven smart data applications.

GPS Asset Tracking Equipment & Services:Solutions to monitor fleets and equipment for loss prevention and theft recovery, offering affordable global coverage to keep businesses connected.

Personnel Safety & Management:Satellite-enabled PPE for lone and remote workers, providing security, communication, and one-touch emergency response outside cellular range.

Emergency & Remote Communications:Tools to maintain contact with field personnel and track assets in areas with collapsed terrestrial infrastructure, ensuring employee safety through redundant communication.

Data Management & Mapping Services:Commercial IoT satellite solutions for automated monitoring and near real-time updates, enhancing visibility and operational efficiencies.

Embedded Technology:Embeddable satellite transmitters for developers to create OEM products for tracking and remote data monitoring, scalable beyond traditional cellular service.

Specialties

Satellite Connectivity Terrestrial Wireless (Band n53, XCOM RAN) Asset Tracking Personnel Safety Management Emergency Communications IoT Solutions Embedded Satellite Technology Data Management and Mapping

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Debt T: - FT: Debt	A: 200000000 MR: - FA: $200 million FAN: 200000000	D: 2023-03-29 FD: 2023-03-29	1 investors

Debt Latest

2023-03-29

$200.0M

1 investor (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

P

Paul Jacobs

CEO

L

L. Barbee Ponder IV

General Counsel and Vice President of Regulatory Affairs

R

Rebecca S. Clary

Vice President & Chief Financial Officer

T

Tim Taylor

Vice President of Finance, Business Operations & Strategy

J

Jake Rembert

Vice President of Global Solutions

K

Kyle Pickens

Vice President of Strategy and Communications

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Recent News

Globalstar Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised