Plutux
$81.98
+0.64%
2026-09-03 16:00:01 EDT+$0.52
Communication Services
Telecommunications Services
NASDAQ
Active Trading

Globalstar, Inc. operates globally, delivering a range of mobile satellite communication solutions. Its offerings encompass two-way voice and data satellite communication, available ...

Price Action

$81.98
+0.64%+$0.52
High
Low
52W High-3.4%
Rel. vol
Interval
Range6.5h
VolumeSMA5SMA10
Globalstar, Inc. (ticker: GSAT) is a telecommunications company headquartered in Covington, Louisiana, that operates a low Earth orbit (LEO) satellite constellation to deliver mobile satellite communication services. Founded on March 24, 1991, as a division of Ford Aerospace, Globalstar has evolved into a publicly traded company on NASDAQ. As of ...Globalstar, Inc. (ticker: GSAT) is a telecommunications company headquartered in Covington, Louisiana, that operates a low Earth orbit (LEO) satellite constellation to deliver mobile satellite communication services. Founded on March 24, 1991, as a division of Ford Aerospace, Globalstar has evolved into a publicly traded company on NASDAQ. As of the latest data, it employs 477 people, categorized as 201-500 employees, and is led by CEO Paul E. Jacobs, who joined in 2023. The company offers a broad portfolio: two-way voice and data satellite communication for mobile and fixed applications, SPOT satellite GPS messengers for personal tracking and emergency messaging, SPOT Trace for asset monitoring, and commercial one-way data transmission for IoT applications such as tracking cargo and monitoring utility meters. Globalstar also provides wholesale airtime to independent gateway operators (IGOs) and engineering support for custom hardware and software design. Its distribution network includes direct sales, agents, dealers, resellers, and e-commerce. By the end of 2020, the company had approximately 745,000 subscribers. Globalstar serves sectors like recreation, government, public safety, oil and gas, maritime, construction, utilities, transportation, and natural resources. Financially, Globalstar has seen a recent market capitalization of about $10.74 billion with a price of $83.40 per share. The company's metrics show a gross profit margin of 49.2%, but negative net income, with a return on equity of -17.6%. It maintains a strategic partnership with XCOM Labs to commercialize XCOM's capacity-enhancing technology using Globalstar's n53 spectrum for 5G deployments. Globalstar also collaborates with various partners, including interviews with leading entrepreneurs. The company's long-term vision focuses on expanding its satellite and terrestrial connectivity solutions, entering a new era of mobile satellite connectivity, and leveraging its spectrum assets for future growth.
Founded
1991
Employees
477
CEO
Paul E. Jacobs
Full Name
Globalstar, Inc.
Sector
Communication Services
Industry
Telecommunications Services
ROE
-17.64%
Market Cap
$10.56B
Current Ratio
1.55
WACC
11.31%
ROIC
-0.93%

Contact Information

985 335 1500
1351 Holiday Square Boulevard, Covington, LA 70433

Related stocksTelecommunications Services

Browse all US stocks

Plutux is not an investment adviser. Market data and AI-generated analysis are for information and education only, not investment advice. Disclaimer

© Plutux Technology Limited 2026