Globalstar Overview
- Year Founded
-
1991
- Status
-
Public
- Employees
-
348
- Stock Symbol
-
GSAT
- Investments
-
6
- Share Price
-
$1.86
- (As of Thursday Closing)
Globalstar General Information
Description
Globalstar Inc is a telecommunications company that derives revenue from the provision of mobile satellite services. Mobile satellite services are typically used by customers where existing terrestrial wireline and wireless communications networks are impaired or do not exist. The company provides communications services such as two-way voice and data transmission. In addition, one-way data transmission is also offered. Both services are offered using mobile or fixed devices. The company is an owner of satellite assets. The company generates the vast majority of its revenue within the United States.
Contact Information
Website
www.globalstar.comCorporate Office
- 300 Holiday Square Boulevard
- Covington, LA 70433
- United States
Corporate Office
- 300 Holiday Square Boulevard
- Covington, LA 70433
- United States
Globalstar Stock Performance
As of 16-Jan-2025, Globalstar’s stock price is $1.86. Its current market cap is $3.52B with 1.89B shares.
(As of Thursday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $1.86 | $1.86 | $1.00 - $2.74 | $3.52B | 1.89B | 22.7M | -$0.02 |
Globalstar Financials Summary
As of 30-Sep-2024, Globalstar has a trailing 12-month revenue of $242M.
|
In Thousands, USD |
TTM 30-Sep-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 2,703,817 | 3,944,391 | 2,732,317 | 2,385,211 |
| Revenue | 241,581 | 223,808 | 148,504 | 124,297 |
| EBITDA | 77,659 | 79,205 | (132,790) | 26,849 |
| Net Income | (28,023) | (24,718) | (256,915) | (112,625) |
| Total Assets | 917,561 | 924,309 | 738,469 | 814,106 |
| Total Debt | 422,913 | 392,548 | 222,072 | 269,670 |
Globalstar Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Globalstar Comparisons
Industry
Financing
Details
Globalstar Competitors (31)
One of Globalstar’s 31 competitors is Iridium Communications, a Corporate Backed or Acquired company based in McLean, VA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Iridium Communications | Corporate Backed or Acquired | McLean, VA | ||||
| ViaSat | Corporation | Carlsbad, CA | ||||
| Comtech Telecommunications | Corporation | Melville, NY | ||||
| Gilat Satellite Networks | Corporation | Petah Tikva, Israel | ||||
| Telemar (Italy) | Private Equity-Backed | Helsinki, Finland |
Globalstar Patents
Globalstar Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-11226416-B1 | System and method to reduce ppp filter convergence time using leo frequency band signals | Active | 25-Sep-2018 | ||
| US-11740364-B1 | System and method to reduce ppp filter convergence time using leo frequency band signals | Active | 25-Sep-2018 | ||
| CA-2941658-A1 | Cell tower functionality with satellite access to allow a cell device to roam on a satellite network | Active | 07-Mar-2014 | ||
| AU-2015226958-B2 | Cell tower functionality with satellite access to allow a cell device to roam on a satellite network | Active | 07-Mar-2014 | ||
| AU-2015226958-A1 | Cell tower functionality with satellite access to allow a cell device to roam on a satellite network | Active | 07-Mar-2014 | H04W64/006 |
Globalstar Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Globalstar Investments & Acquisitions (6)
Globalstar’s most recent deal was a Later Stage VC with TrafficCast. The deal was made on 20-Apr-2011.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| TrafficCast | 20-Apr-2011 | Later Stage VC | Media and Information Services (B2B) | ||
| NOXA Holdings | 21-Dec-2009 | Merger/Acquisition | Wireless Communications Equipment | ||
| Globalstar do Brasil | 27-Dec-2007 | Merger/Acquisition | Other Communications and Networking | ||
| Astral Technologies Investment | 01-Jan-2006 | Merger/Acquisition | Wireless Communications Equipment | ||
| Globalstar Canada Holding | 06-May-2003 | Merger/Acquisition | Other Communications and Networking |
Globalstar ESG
Risk Overview
Risk Rating
Updated October, 15, 2024
33.35 | High Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 15,104
Rank
Percentile
Telecommunication Services
Industry
of 211
Rank
Percentile
Telecommunication Services
Subindustry
of 211
Rank
Percentile
Globalstar Exits (1)
Globalstar’s most recent exit was on 20-Apr-2011 from TrafficCast. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| TrafficCast | 20-Apr-2011 | Completed |
|
Globalstar FAQs
-
When was Globalstar founded?
Globalstar was founded in 1991.
-
Where is Globalstar headquartered?
Globalstar is headquartered in Covington, LA.
-
What is the size of Globalstar?
Globalstar has 348 total employees.
-
What industry is Globalstar in?
Globalstar’s primary industry is Wireless Communications Equipment.
-
Is Globalstar a private or public company?
Globalstar is a Public company.
-
What is Globalstar’s stock symbol?
The ticker symbol for Globalstar is GSAT.
-
What is the current stock price of Globalstar?
As of 16-Jan-2025 the stock price of Globalstar is $1.86.
-
What is the current market cap of Globalstar?
The current market capitalization of Globalstar is $3.52B.
-
What is Globalstar’s current revenue?
The trailing twelve month revenue for Globalstar is $242M.
-
Who are Globalstar’s competitors?
Iridium Communications, ViaSat, Comtech Telecommunications, Gilat Satellite Networks, and Telemar (Italy) are some of the 31 competitors of Globalstar.
-
What is Globalstar’s annual earnings per share (EPS)?
Globalstar’s EPS for 12 months was -$0.02.
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