Globalstar, Inc.

Globalstar, Inc. provides mobile satellite services, wholesale satellite capacity, and terrestrial spectrum and network solutions. Through a constellation of low Earth orbit satellites and ground stations, the company delivers voice and data communications alongside Internet of Things connectivity. Key offerings comprise commercial IoT tracking devices and modules, SPOT consumer tracking and messaging hardware, and duplex voice and data services. Globalstar also supplies wholesale satellite access to partners such as Apple Inc. and delivers engineering and network resilience services for government entities. Its customers include retail consumers, businesses, and government organizations in sectors like transportation, energy, and defense.

The company operates globally with coverage extending across the globe between latitudes 70 degrees north and 70 degrees south, serving approximately 791,000 mobile satellite service subscribers. Its ground architecture incorporates satellite operations control facilities in Covington, Louisiana, and Toulouse, France, along with ground stations across 25 countries. Additionally, Globalstar holds terrestrial spectrum authority across 12 countries. Globalstar maintains operational facilities in Covington, Louisiana.

Summary of the business section of Globalstar's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“As of December 31, 2025, we had 477 employees in fifteen countries around the world; 25 of our employees were located in Brazil and subject to collective bargaining agreements.”