About Globalstar
Globalstar is a company based in Covington (United States) founded in 1991.. The company has 389 employees as of December 31, 2024. Globalstar has completed 1 acquisition, including Axonn. Globalstar operates in a competitive market with competitors including Eutelsat, ViaSat, SES Satellites, Gilat Satellite Networks and Astroscale, among others.
- Headquarter Covington, United States
- Employees 389 as on 31 Dec, 2024
- Stage Public
-
Sectors
Aerospace, Defense & MaritimeTelecommunications
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Globalstar, Inc.
-
Annual Revenue
$250.35 M11.86as on Dec 31, 2024
-
Net Profit
$-63.16 M-155.54as on Dec 31, 2024
-
EBITDA
$89.19 M-3.07as on Dec 31, 2024
-
Latest Funding Round
$62 M (USD), Debt – Conventional
Jun 28, 2019
-
Investors
-
Employee Count
389
as on Dec 31, 2024
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Globalstar
Globalstar is a publicly listed company on the NASDAQ with ticker symbol GSAT in USA, operating in the Communications sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Unlock access to complete
Unlock access to complete
Software Development Team
37 people
Sales and Marketing
21 people
Leadership Team
18 people
Finance and Accounting
8 people
Senior Team
7 people
Gateway Team
6 people
Operations Team
4 people
Manufacturing Team
3 people
Unlock access to complete
Funding Insights of Globalstar
- Total Funding Total Funding
- Total Rounds 4
- Last Round Debt – Conventional — $62.0M
-
First Round
First Round
(01 Jul 2009)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Debt – Conventional - Globalstar | Valuation |
investors |
|
| Jan, 2013 | Amount | Post-IPO - Globalstar | Valuation |
investors |
|
| Jun, 2011 | Amount | Post-IPO - Globalstar | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Globalstar
Globalstar has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Axonn. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Limited information available
|
1985 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Globalstar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Globalstar Comparisons
Competitors of Globalstar
Globalstar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Eutelsat, ViaSat, SES Satellites, Gilat Satellite Networks and Astroscale, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of commercial satellite coverage, broadband network, and data connectivity services
|
|
| domain | founded_year | HQ Location |
Satellite-based communication services are provided to diverse business sectors.
|
|
| domain | founded_year | HQ Location |
Satellite-based communication services are delivered via MEO constellation.
|
|
| domain | founded_year | HQ Location |
Satellite-based broadband communications solutions and services are provided.
|
|
| domain | founded_year | HQ Location |
Satellite solutions for space debris removal are developed.
|
|
| domain | founded_year | HQ Location |
Cloud-based antenna systems for satellite communications are provided.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Globalstar
Frequently Asked Questions about Globalstar
When was Globalstar founded?
Globalstar was founded in 1991 and raised its 1st funding round 18 years after it was founded.
Where is Globalstar located?
Globalstar is headquartered in Covington, United States. It is registered at Covington, Kentucky, United States.
How many employees does Globalstar have?
As of Dec 31, 2024, the latest employee count at Globalstar is 389.
What is the annual revenue of Globalstar?
Annual revenue of Globalstar is $250.35M as on Dec 31, 2024.
What does Globalstar do?
Globalstar was established in 1991 and is based in Covington, United States. Satellite communication services, encompassing voice and data, are delivered to sectors including oil and gas, government, mining, forestry, commercial fishing, utilities, military, transportation, heavy construction, and emergency preparedness. The portfolio features mobile and fixed satellite telephones, data modems, satellite Wi-Fi equipment, along with associated voice and data offerings for mobile applications.
Who are the top competitors of Globalstar?
Globalstar's top competitors include Astroscale, Kymeta and Gilat Satellite Networks.
Is Globalstar publicly traded?
Yes, Globalstar is publicly traded on NASDAQ under the ticker symbol GSAT.
How many acquisitions has Globalstar made?
Globalstar has made 1 acquisition, including Axonn.
What is Globalstar's ticker symbol?
The ticker symbol of Globalstar is GSAT on NASDAQ.