Globalstar

Globalstar provides mobile satellite voice and data services to commercial customers and recreational consumers. Read more

715 Followers on Owler
715 Followers on Owler
715 Followers on Owler
715 Followers on Owler

Globalstar

Globalstar provides mobile satellite voice and data services to commercial customers and recreational consumers. Read more

David Kagan's photo - President & CEO of Globalstar

President & CEO

David Kagan

CEO Approval Rating

66/100

Founded:

1991

Status:

PublicSubsidiary of Thermo Capital Partners LLCNYSEGSAT

GLOBALSTAR TOP COMPETITORS OR ALTERNATIVES

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Iridium is perceived as one of Globalstar's biggest rivals. Iridium was founded in 2000, and is headquartered in McLean, Virginia. Like Globalstar, Iridium also competes in the Telecommunication Services space. Iridium generates $455M more revenue vs. Globalstar.

exactEarth is a top competitor of Globalstar. exactEarth is a Public company that was founded in 2009 in Cambridge, Ontario. exactEarth is in the Internet Software industry. Compared to Globalstar, exactEarth has 321 fewer employees.

Spire is Globalstar's #3 rival. Spire is headquartered in San Francisco, California, and was founded in 2012. Spire operates in the Enterprise Software industry. Spire generates 28% the revenue of Globalstar.

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Globalstar Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$128.5M

Globalstar's revenue is the ranked 4th among it's top 10 competitors. The top 10 competitors average 757.7M. Over the last four quarters, Globalstar's revenue has decreased by 11.3%. Specifically, in Q1 2021's revenue was $26.9M; in Q4 2020, it was $33.2M; in Q3 2020, it was $32.8M; in Q2 2020, Globalstar's revenue was $30.4M.

Globalstar Acquisitions

No recent acquisitions found related to Globalstar

Globalstar Funding History

Since Globalstar was founded in 1991, it has participated in 3 rounds of funding. In total Globalstar has raised $159.5M. Globalstar's last funding round was on Apr 2020 for a total of $2.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt - PPP (CARES Act)
Apr 2020
$2M - $5M

U.S. Small Business Administration.

Equity
Dec 2012
$30M
-
IPO
Nov 2006
$127.5M
-

Since Globalstar was founded in 1991, it has participated in 3 rounds of funding. In total Globalstar has raised $159.5M. Globalstar's last funding round was on Apr 2020 for a total of $2.0M

Globalstar Investments

No recent investments found related to Globalstar

Globalstar News

May 3, 2021MarketScreener

Earnings Release Notice

(marketscreener.com) Globalstar, Inc. will announce its first quarter 2021 financial results on Thurs... See more »
March 31, 2021Telecompaper

Globalstar converts remaining warrants, raises USD 47 mln in fresh equity

(Telecompaper) Globalstar has raised new equity, meeting a deadline of 30 March agreed with its lende... See more »
March 9, 2021Light Reading

Globalstar's parent company slowly stirs 5G assets

Although Thermo's leadership says the company just wants to be a spectrum provider, its strategic all... See more »
March 4, 2021Telecompaper

Globalstar lifts revenues, reduces losses in Q4, sees new opportunities with 5G modems

(Telecompaper) Satellite services provider Globalstar lifted revenues and lowered its losses in the f... See more »
March 4, 2021Daily Host News

Globalstar Announces 2020 Financial Results and Business Update

COVINGTON, La.-(BUSINESS WIRE)-Globalstar, Inc. (NYSE American: GSAT) today announced financial and o... See more »
February 24, 2021MarketScreener

SPOT Announces Partnership with Jeep Jamboree USA

(marketscreener.com) Brand to Become Official Satellite Communication Provider for Jamboree Attendees... See more »
February 18, 2021Telecompaper

Globalstar to launch joint offer with Xcom Labs

(Telecompaper) US-based satellite communications company Globalstar said it had entered an alliance w... See more »

Globalstar Press Releases

March 30, 2021Business Wire

Globalstar Announces Completion of Second Lien Warrant Exercise

COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT) today announced that all rema... See more »
January 7, 2021Business Wire

Globalstar Announces Nokia Deployment Over Licensed Band 53 at Port of Seattle

COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT) ("Globalstar" or the "Company... See more »
November 18, 2020Business Wire

Winter Safety a Cinch for Outdoor Adventurers with Expanded Line of SPOT GPS Satellite Communication Devices

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Winter Safety a Cinch for Outdoor Adventurers with Expanded Li... See more »
May 7, 2020Business Wire

Globalstar Announces First Quarter 2020 Results

COVINGTON, La.--(BUSINESS WIRE)--Globalstar announces first quarter 2020 results.... See more »
November 12, 2019Business Wire

Globalstar Announces Third Quarter 2019 Results

COVINGTON, La.--(BUSINESS WIRE)--Globalstar Announces Third Quarter 2019 Results... See more »
July 9, 2019streetinsider

Globalstar-Echo Ridge Agreement Advances New Assured PNT Technology and Service

Globalstar and Echo Ridge Partnership Supports New Technology to Backup GPS COVINGTON, La. & STERLIN... See more »
June 17, 2019Business Wire

Globalstar and Nokia to Demonstrate Band 53 Private LTE Solution at the UTC Telecom & Technology Conference in Fort Worth, Texas June 19-20th

COVINGTON, La.--(BUSINESS WIRE)--Today, Globalstar, Inc. (NYSE American: GSAT) announced that they wi... See more »

Globalstar Videos

November 12, 2018Globalstar Youtube Channel

"How to Use Sat-Browse" on YOUTUBE

November 12, 2018Globalstar Youtube Channel

"How to Send an Email" on YOUTUBE

June 23, 2017Globalstar Youtube Channel

"Globalstar Sat-Fi - How To" on YOUTUBE

July 28, 2016Globalstar Youtube Channel

"We Are Globalstar" on YOUTUBE

Social Media

Globalstar Headquarters

300 Holiday Square Boulevard

Covington, Louisiana70433

985-335-1500

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Globalstar Summary

ABOUT

Overview

Globalstar provides mobile satellite voice and data services to commercial customers and recreational consumers. Globalstar was founded in 1991. Globalstar's headquarters is located in Covington, Louisiana, USA 70433. It has raised 159.5M in 3 rounds....

CEO

Globalstar's President & CEO, David Kagan, currently has an approval rating of 66%. Globalstar's primary competitors are Iridium, exactEarth & Spire.

Website

globalstar.com

Frequently Asked Questions about Globalstar

  1. When was Globalstar founded?

    Globalstar was founded in 1991
  2. Who is Globalstar's CEO?

    Globalstar's CEO is David Kagan
  3. How much revenue does Globalstar generate?

    Globalstar generates $128.5M in revenue
  4. How much funding does Globalstar have?

    Globalstar has historically raised $159.5M in funding
  1. Where is Globalstar's headquarters?

    Globalstar's headquarters is in Covington Louisiana, USA
  2. How many employees does Globalstar have?

    Globalstar has 353 employees
  3. What sector does Globalstar operate in?

    Globalstar is in Telecommunication Services
  4. Who are Globalstar's competitors?

    Globalstar's top competitors are Iridium, exactEarth, Spire