Globalstar - About the company
Globalstar is a public company based in Covington (United States), founded in 1991. It operates as a Provider of satellite communication services. Globalstar has raised an undisclosed amount in funding. The company has 646 active competitors, including 34 funded and 103 that have exited. Its top competitors include companies like Tejas Networks, ViaSat and Skylo.
Company Details
Provider of satellite communication services. It provides mobile satellite communication voice and data services to commercial customers. Its product portfolio includes mobile and fixed satellite telephones, satellite data modems, satellite Wi-Fi as well as voice and data services. Its customer segments are oil and gas, government, mining, forestry, commercial fishing, utilities, military, transportation, heavy construction, and emergency preparedness.
- Website
- www.globalstar.com/en-us
- Email ID
- *****@globalstar.com
- Registered Address
- Covington, Louisiana
Key Metrics
Founded Year
1991
Location
Covington, United States
Stage
Public
Latest Funding Round
Investors
Ranked
18th among 646 active competitors
Annual Revenue
$273M as on Dec 31, 2025
Employee Count
624 as on Apr 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public
Legal entities associated with Globalstar
Globalstar is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
GLOBALSTAR, INC. CIN: 412116508 , United States, Active | Dec 26, 999 | $273M (As on Dec 31, 2025) | 302 (As on Dec 31, 2024) | - |
Globalstar's IPO details
Globalstar got listed on Nov 02, 2006.
Click here to take a look at Globalstar's IPO in detail
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Globalstar's funding and investors
Globalstar has raised funding over 4 rounds. Its first funding round was on Jul 01, 2009. Globalstar has 1 institutional investor.
Here is the list of recent funding rounds of Globalstar:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 28, 2019 | 3109653 | Conventional Debt | 3282045 | 7811721 | 2252786 | 9095709 |
Jan 11, 2013 | 8808366 | Post IPO | 4871619 | 7379042 | 4808490 | 5739567 |
Jun 21, 2011 | 8480970 | Post IPO | 3514655 | 4245443 | 3561940 | 6548528 |
View details of Globalstar's funding rounds and investors
Globalstar's founders and board of directors
Founder? Claim ProfileGlobalstar's employee count trend
Globalstar has 624 employees as of Apr 26. Here is Globalstar's employee count trend over the years:
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Globalstar's Competitors and alternates
Top competitors of Globalstar include Tejas Networks, ViaSat and Skylo. Here is the list of Top 10 competitors of Globalstar, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Tejas Networks 2000, Bengaluru (India), Acquired | Manufacturer of optical and wireless networking products for telecommunications and others | $35M | 74/100 | |
2nd | ViaSat 1986, Carlsbad (United States), Public | Provider of satellite based communication services to multiple business verticals | - | 72/100 | |
3rd | Skylo 2017, San Mateo (United States), Series C | Provider of satellite connectivity for sensor data, SMS, and voice calls | $183M | 70/100 | |
4th | Provider of commercial satellite coverage, broadband network, and data connectivity services | - | 68/100 | ||
5th | Gilat Satellite Networks 1987, Petah Tikva (Israel), Acquired | Solutions and services for satellite-based broadband communications networks | - | 68/100 | |
6th | SES Satellites 1985, Luxembourg (Luxembourg), Public | Provider of satellite-based communication services | - | 67/100 | |
7th | Thuraya 1997, Dubai (United Arab Emirates), Acquired | Provider of mobile satellite communication solutions | $291M | 67/100 | |
8th | Provider of internet connection to space services | $233M | 66/100 | ||
9th | Provider of data, wireless internet, and satellite communication services | $650M | 66/100 | ||
10th | Astranis 2015, San Francisco (United States), Series D | Developer of satellite-based communication services | $753M | 66/100 | |
18th | Globalstar 1991, Covington (United States), Public | Provider of satellite communication services | - | 58/100 |
Looking for more details on Globalstar's competitors? Click here to see the top ones
Globalstar's Investments and acquisitions
Globalstar has acquired Axonn. Globalstar has not made any investments as of now.Reports related to Globalstar
Here is the latest report on Globalstar's sector:
News related to Globalstar
Media has covered Globalstar for a total of 50 events in the last 1 year, 27 of them have been about company updates and 8 about partnerships.
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Globalstar Announces Upcoming HIBLEO-4 Satellite Replenishment Launch with SpaceXBusiness Wire•May 12, 2026•Globalstar
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Anthropic Receives Funding Offers Valuing it at $1.15 Trillion, Surpassing OpenAIThe Straits Times•Apr 30, 2026•Anthropic, Google, Amazon, OpenAI and 1 other
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Goldman Sachs' blunt words for Amazon stock investors after big dealsanluisobispo.com•Apr 19, 2026•Amazon, Globalstar
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Amazon's Merchant Uprising Meets an $11.6 Billion Space GambitAd Hoc News•Apr 17, 2026•Amazon, Globalstar
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Amazon talks acquisition of satellite operatorAffarsvarlden•Apr 14, 2026•Amazon, SpaceX, Globalstar, Monteverde and 2 others
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Globalstar Launches XCOM RAN Private 5G System for Enterprise AI UseMobileWorldLive•Apr 07, 2026•Globalstar
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Amazon’s $9bn satellite deal that could crush Starlink… if Apple doesn’t blow it up firstcapacityglobal.com•Apr 02, 2026•Globalstar, Amazon
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Analyst claims SpaceX, Globalstar deal edging closerMobileWorldLive•Mar 25, 2026•Globalstar, Starlink, SpaceX, Apple and 1 other
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336,772 Shares in Lumen Technologies, Inc. $LUMN Acquired by JT Stratford LLCMarketBeat•Mar 05, 2026•Lumen, JT Stratford, Globalstar
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