All verified mentions of this organization in source documents.
Globalstar contracted SpaceX to launch Apple-backed satellites in 2025 to replenish its low Earth orbit connectivity constellation.
SpaceX is seeking regulatory permission in the United States for additional spectrum that could be used for a mobile Starlink satellite service, including frequencies in the 1.6 GHz and 2.4 GHz bands used by Globalstar.
MDA is using Rocket Lab to supply chassis for the spacecraft ordered by Globalstar.
Globalstar’s $327,000,000 contract with MDA covered 17 satellites with deliveries anticipated in 2025.
Globalstar’s manufacturing contract with MDA includes an option for up to nine additional satellites at $11,400,000 each.
Globalstar will pay a total $64,000,000 to launch the first set of satellites ordered from MDA.
Globalstar announced on 2023-08-29 that David Kagan was retiring as CEO effective immediately to make way for Paul Jacobs.
Apple agreed to reimburse Globalstar for 95% of the constellation’s costs, including manufacturing and launch costs.
Globalstar reached 0.44 million satellite IoT subscribers by the end of Q4-2022.
Tamer Kadous, Vice President of Wireless, and Daaman Hejmadi, Vice President of Engineering, accepted employment offers from Globalstar and are expected to join after completing a transition period with XCOM.
Ovinto Sat is built around Globalstar’s STX3 chipset, the smallest satellite transmitter of its kind on the market.
Mark O’Connell, General Manager of Globalstar EMEA and APAC, stated that satellite communication is the only reliable way to transport hazardous materials over areas without GSM signal.
Globalstar Europe Satellite Services Ltd. announced that INEOS Oxide is deploying the Ovinto Sat tracking solution to monitor and safeguard rail and road transport of highly explosive gases across mainland Europe.
Globalstar satellite communication at the heart of Ovinto Sat enables INEOS Oxide to know the exact location and status of every tank and rail car in real time.
Globalstar selected MDA to build its Apple-backed third-generation LEO satellites within the past 18 months.
Globalstar expects 2023 revenue of $200,000,000 to $230 million, representing 35% to 55% growth over 2022.
Apple is funding 17 satellites to replenish Globalstar's low Earth orbit fleet in return for taking 85% of those satellites' capacity for its emergency messaging needs.
Globalstar plans to begin beta two-way IoT services with key customers later in 2023.
Supply chain issues that had delayed production of Globalstar's legacy Spot GPS and messaging devices cleared up as of mid-April 2023.
Globalstar's adjusted EBITDA increased 86% year-on-year to $27,000,000 for the quarter.