Globalstar is an American telecommunications company that operates a low Earth orbit (LEO) satellite constellation, providing satellite phone, data transmission, and earth observation services. As a mobile satellite service provider, Globalstar offers products including satellite phones, IoT modules, and asset tracking devices. The company partners with organizations like Liquid Intelligent Technologies and Parsons, and serves various sectors including government, public safety, and commercial maritime. Key words associated with Globalstar are: LEO constellation, satellite communications, IoT, asset tracking, and telecommunications.
All verified mentions of this organization in source documents.
Thailand Marine Department will deploy Globalstar Europe Satellite Services Ltd.’s SPOT Gen4 satellite messengers to provide safety and security for travelers on and around the island of Phuket.
At the end of March, Thaicom and Globalstar signed an agreement to collaborate to develop and operate ground station facilities at Thaicom’s Teleport Center in Pathumthani Province for Globalstar’s LEO satellite constellation.
The unnamed customer funding the FM15 launch is also financing nearly all the costs of 17 new satellites that Globalstar ordered from Canadian company MDA in February 2024.
Globalstar has worked with Nokia for years to develop terrestrial solutions for Band 53, including private wireless networks and systems for connecting Internet of Things devices.
MDA Ltd. recorded a contract award from Globalstar in early 2022 for a LEO satellite constellation valued at approximately $415,000,000.
Globalstar awarded a $327,000,000 contract to MDA to build 17 satellites intended to extend the life of Globalstar’s existing satellite constellation.
The contract from Globalstar to MDA includes an option for up to nine additional satellites at $11,400,000 each.
Globalstar selected MDA Ltd. and Rocket Lab to supply a set of satellites to replenish its constellation.
Globalstar Europe Satellite Services Ltd. is a wholly owned subsidiary of Globalstar Inc.
Globalstar refinanced $342,000,000 of debt and secured new loans with help from EchoStar to ensure sufficient cash flow through 2025.
Globalstar is borrowing $199,000,000 through a loan arranged by its controlling shareholder Thermo and fleet operator EchoStar.
Globalstar and Carmanah signed a supplier agreement in August 2016 under which Carmanah designed and built Internet-of-Things devices for Globalstar.
Globalstar paid Carmanah Technologies Corporation $700,000 for a perpetual license to Carmanah’s SmartOne Solar intellectual property, along with production equipment and other assets.
The merger arrangement between Globalstar and the Thermo Capital–owned landline company was valued at $1,650,000,000 and was initially expected to close this quarter.
Thermo Capital is merging Globalstar with the landline company FiberLight in a $1,650,000,000 deal intended to help pay off Globalstar’s debts.