Globalstar Overview

  • Year Founded
  • 1991

Year Founded

  • Status
  • Public

  • Employees
  • 348

Employees

  • Stock Symbol
  • GSAT

Stock Symbol

  • Investments
  • 6

  • Share Price
  • $1.33
  • (As of Friday 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

Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Wireless Communications Equipment
Other Industries
Other Communications and Networking
Stock Exchange
ASE
Corporate Office
  • 300 Holiday Square Boulevard
  • Covington, LA 70433
  • United States
+1 (877) 000-0000

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Globalstar Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$1.33 $1.32 $0.85 - $2.13 $2.51B 1.88B 4.12M -$0.02

Globalstar Financials Summary

In Thousands,
USD
TTM 31-Dec-2023 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 3,944,391 3,944,391 2,732,317 2,385,211
Revenue 223,808 223,808 148,504 124,297
EBITDA 79,205 79,205 (132,790) 26,849
Net Income (24,718) (24,718) (256,915) (112,625)
Total Assets 924,309 924,309 738,469 814,106
Total Debt 392,548 392,548 222,072 269,670
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Globalstar Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Globalstar Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Globalstar Inc is a telecommunications company that derives revenue from the provision of mobile satellite services. Mob
Wireless Communications Equipment
Covington, LA
348 As of 2023
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McLean, VA
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Carlsbad, CA
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Globalstar Competitors (22)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Iridium Communications Corporate Backed or Acquired McLean, VA 000 00.000 000000000 00.000
ViaSat Corporation Carlsbad, CA 0000 00.000 000000000 00.000
Gilat Satellite Networks Corporation Petah Tikva, Israel 0000 000.00 000000 - 000 000.00
Xirgo Technologies Formerly PE-Backed Camarillo, CA 000 000000&0
Sierra Wireless Formerly VC-backed Richmond, Canada 0000 0000 000000&0 0000
You’re viewing 5 of 22 competitors. Get the full list »

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 000000000 0
US-11740364-B1 System and method to reduce ppp filter convergence time using leo frequency band signals Active 25-Sep-2018 000000000 0
CA-2941658-C Cell tower functionality with satellite access to allow a cell device to roam on a satellite network Active 07-Mar-2014 0000000000
CA-2941658-A1 Cell tower functionality with satellite access to allow a cell device to roam on a satellite network Active 07-Mar-2014 0000000000
AU-2015226958-B2 Cell tower functionality with satellite access to allow a cell device to roam on a satellite network Active 07-Mar-2014 H04W64/006 0
To view Globalstar’s complete patent history, request access »

Globalstar Executive Team (9)

Name Title Board Seat Contact Info
Rebecca Clary Chief Financial Officer, Finance & Chief Accounting Officer, Accounting
L. Ponder IV General Counsel, Legal & Vice President
Paul Jacobs Ph.D Chief Executive Officer & Board Member
Kyle Pickens Vice President, Strategy and Communications
You’re viewing 4 of 9 executive team members. Get the full list »

Globalstar Board Members (12)

Name Representing Role Since
00000000 00000 00 Self Board Member 000 0000
00000 00000 Thermo Companies Board Member 000 0000
00000 000000 000 Globalstar Chairman & Board Member 000 0000
0. 0000000 0000000 Self Director 000 0000
00000 00000 00 Self Board Member 000 0000
You’re viewing 5 of 12 board members. Get the full list »

Globalstar Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Globalstar Investments & Acquisitions (6)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
TrafficCast 20-Apr-2011 00000 0000 Media and Information Services (B2B) 00000 000
NOXA Holdings 21-Dec-2009 0000000000 0000 Wireless Communications Equipment 00000 000
Globalstar do Brasil 27-Dec-2007 0000000000 Other Communications and Networking
Astral Technologies Investment 01-Jan-2006 0000000000 Wireless Communications Equipment
Globalstar Canada Holding 06-May-2003 Merger/Acquisition 00000 Other Communications and Networking
You’re viewing 5 of 6 investments and acquisitions. Get the full list »

Globalstar ESG

Risk Overview

Risk Rating

Updated October, 01, 2023

35.56 | 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

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

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

00 of 16,173

Rank

00.00

Percentile

Telecommunication Services

Industry

00 of 234

Rank

00.0

Percentile

Telecommunication Services

Subindustry

00 of 234

Rank

00.0

Percentile

To view Globalstar’s complete esg history, request access »

Globalstar Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
TrafficCast 20-Apr-2011 00000 00000 00 Completed
  • 0000000000
To view Globalstar’s complete exits history, request access »

Globalstar FAQs

  • When was Globalstar founded?

    Globalstar was founded in 1991.

  • Who is the CEO of Globalstar?

    Paul Jacobs Ph.D is the CEO of Globalstar.

  • 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 12-Apr-2024 the stock price of Globalstar is $1.33.

  • What is the current market cap of Globalstar?

    The current market capitalization of Globalstar is $2.51B.

  • What is Globalstar’s current revenue?

    The trailing twelve month revenue for Globalstar is $224M.

  • Who are Globalstar’s competitors?

    Iridium Communications, ViaSat, Gilat Satellite Networks, Xirgo Technologies, and Sierra Wireless are some of the 22 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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