Globalstar

Globalstar plans to deploy more than 15 new feeder link earth station antennas within the United States and its territories to support the C-3 system.

Globalstar reported record revenue of $73.8 million in Q3 2025, consisting of $69.6 million in service revenue and $4.2 million in subscriber equipment sales.

MDA Space is delayed in delivering Globalstar’s constellation refresh, pushing the first launch to 2026.

After Apple agreed in 2022 to cover most of the costs to replenish Globalstar’s constellation, Globalstar awarded MDA a $327,000,000 contract to build 17 satellites.

Apple and Globalstar already offer emergency SOS services and plan to expand their offering after Globalstar places additional satellites into orbit in 2025.

Globalstar expects 2023 revenue of $200,000,000 to $230 million, representing 35% to 55% growth over 2022.

Rocket Lab is developing a growing list of complete satellites that includes a $143,000,000 subcontract from MDA to lead the design and manufacture of 17 spacecraft buses for Globalstar’s new LEO satellites.

Apple plans to invest $450,000,000 to upgrade Globalstar’s network.

Globalstar reported $124,300,000 in revenue in 2021 and expects revenue of between $185,000,000 and $230,000,000 in 2023 with a further 35% increase by 2026.

Apple partnered with Globalstar on 2022-09-07 to provide satellite messaging services for new iPhones and become Globalstar’s biggest customer.

Globalstar describes Integrity 150 as delivering long-lasting, no-maintenance ownership and offering industry-leading low-power design with the longest battery and shelf life available.

On 2022-02-24, Globalstar selected MDA and Rocket Lab to supply 17 satellites to replenish its constellation after a potential customer agreed to fund most of the $327,000,000 project.

Globalstar has not disclosed the identity of the financial backer funding most of the $327,000,000 satellite replenishment project.

Globalstar recorded revenue of $124,300,000 for 2021 and a net loss of $112,600,000 for 2021.