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Globalstar is a leading provider of mobile satellite voice and data services. Globalstar offers these services to commercial customers and recreational consumers in more than 120 countries around the world. The Company's products include mobile and fixed satellite telephones, simplex and duplex satellite data modems, the SPOT family of mobile satellite consumer products including the SPOT Satellite GPS Messenger™ and flexible airtime service packages. Many land based and maritime industries benefit from Globalstar with increased productivity from remote areas beyond cellular and landline service. Global customer segments include: oil and gas, government, mining, forestry, commercial fishing, utilities, military, transportation, heavy construction, emergency preparedness, and business continuity as well as individual recreational consumers. Globalstar data solutions are ideal for various asset and personal tracking, data monitoring and SCADA applications.
HQCovington, US
Employee Ratings3.1

Latest Updates

Employees (est.) (Dec 2018)353(+7%)
Job Openings3
Revenue (FY, 2018)$130.1 M(+16%)
Share Price (Dec 2019)$0.5 (+5%)

Key People/Management at Globalstar

L. Barbee Ponder

L. Barbee Ponder

General Counsel and Vice President of Regulatory Affairs
Rebecca S. Clary

Rebecca S. Clary

Vice President & Chief Financial Officer
Tim Taylor

Tim Taylor

Vice President of Finance, Business Operations & Strategy
Wen Doong

Wen Doong

Senior Vice President of Engineering & Operations
Kyle Pickens

Kyle Pickens

Vice President of Strategy and Communications
James Kilfeather

James Kilfeather

Vice President, Emerging Technologies
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Globalstar Office Locations

Globalstar has offices in Covington, Dublin 18 and Portarlington
Covington, US (HQ)
300 Holiday Square Blvd
Dublin 18, IE
9, The Hyde Building,, The Park, Carrickmines
Portarlington, IE
Canal House, Station Rd, Cooltederry
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Globalstar Financials and Metrics

Globalstar Revenue

Globalstar's revenue was reported to be $130.11 m in FY, 2018

Revenue (Q3, 2019)


Net income (Q3, 2019)


EBIT (Q3, 2019)


Market capitalization (6-Dec-2019)


Closing stock price (6-Dec-2019)


Cash (30-Sept-2019)



Globalstar's current market capitalization is $661.8 m.
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018



Revenue growth, %


Cost of goods sold


Gross profit

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019



Cost of goods sold


Gross profit


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usdY, 2009Y, 2010FY, 2011Y, 2011Y, 2012FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018



Accounts Receivable


Prepaid Expenses



USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income


Depreciation and Amortization




Accounts Payable

USDY, 2019


-61.2 x


121.5 x


0.2 x


0.1 x

Financial Leverage

2.5 x
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Globalstar Operating Metrics

Globalstar's Subscribers was reported to be 689 k in FY, 2016.
FY, 2015FY, 2016


688 k689 k
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Globalstar Revenue Breakdown

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Globalstar revenue breakdown by business segment: 85.8% from Service: and 14.2% from Subscriber equipment:

Globalstar Online and Social Media Presence

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Globalstar News and Updates

Globalstar refinancing ends liquidity crisis

Globalstar executives on Dec. 2 said the recent refinancing of its $342 million debt and new loans secured with help from EchoStar ensures sufficient cash flow through 2025.  SpaceNews.com

Globalstar borrows $199M with EchoStar’s help • Measat buys Ariane 5 launch

Globalstar is borrowing $199 million through a loan arranged by its controlling shareholder Thermo and fleet operator EchoStar. SpaceNews.com

Isotropic, Avanti test antenna • Atlas Space to link Aevum launches • Globalstar, Nokia partner on African connectivity

Isotropic Systems has completed two-way communications tests of its electronically steered antenna using Avanti’s Hylas-4 satellite. SpaceNews.com

Telstra-NBN combo ruled out • Aireon launches free emergency service • Globalstar buys IP from supplier

Australia’s competition watchdog agency ruled out the idea of Telstra buying the National Broadband Network. SpaceNews.com

Satellite Machine-to-Machine (M2M) Communications Market 2018 Global Analysis By Key Players – General Electric Company, Geotab, Globalstar, Honeywell International, Hughes Network Systems

WiseGuyReports.Com Publish a New Market Research Report On –“ Satellite Machine-to-Machine (M2M) Communications Market 2018 Global Analysis By Key Players – General Electric Company, Geotab, Globalstar, Honeywell International, Hughes Network Systems”. Posted via Industry Today. Follow us on Twitter…

Satellite Telephone Market to Witness Huge Growth by Key Players: Inmarsat, Iridium, Globalstar, TerreStar, Thuraya

Global Satellite Telephone Market Research Report 2018 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. Posted via Industry Today. Follow us on Twitter @IndustryToday
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Globalstar Frequently Asked Questions

  • When was Globalstar founded?

    Globalstar was founded in 1991.

  • Who are Globalstar key executives?

    Globalstar's key executives are L. Barbee Ponder, Rebecca S. Clary and Tim Taylor.

  • How many employees does Globalstar have?

    Globalstar has 353 employees.

  • What is Globalstar revenue?

    Latest Globalstar annual revenue is $130.1 m.

  • What is Globalstar revenue per employee?

    Latest Globalstar revenue per employee is $368.6 k.

  • Who are Globalstar competitors?

    Competitors of Globalstar include ORBCOMM, KVH Industries and Ticra.

  • Where is Globalstar headquarters?

    Globalstar headquarters is located at 300 Holiday Square Blvd, Covington.

  • Where are Globalstar offices?

    Globalstar has offices in Covington, Dublin 18 and Portarlington.

  • How many offices does Globalstar have?

    Globalstar has 3 offices.