Customer Profile
Globalstar
Globalstar, Inc.
Globalstar operates as a provider of satellite voice and data services, established in 1991 . The company manages a satellite constellation supporting emergency SOS infrastructure and terrestrial spectrum services . For investors, monitoring the company is relevant due to its integration of hardware components supplied by Rocket Lab . The firm reported revenue of $273M in 2025, up from $250.3M in 2024 .
Investment Thesis
Globalstar operates as a provider of satellite voice and data services, established in 1991 . The company manages a satellite constellation supporting emergency SOS infrastructure and terrestrial spectrum services . For investors, monitoring the company is relevant due to its integration of hardware components supplied by Rocket Lab . The firm reported revenue of $273M in 2025, up from $250.3M in 2024 .
Key Differentiators
- • Targeted Spectrum: Utilization of Band 53 and n53 for terrestrial services .
- • Satellite Ecosystem: Operation of a multi-generational constellation including C-3 assets .
- • Operational Reach: Delivery of global SOS and messaging services via the SPOT satellite messenger line .
Risk Factors
- • Acquisition Uncertainty: Amazon has agreed to an $11.57B acquisition, which remains subject to regulatory and closing conditions .
- • Launch Dependency: Future constellation maintenance relies on third-party providers such as SpaceX .
Rocket Lab Relationship
Rocket Lab serves as a hardware supplier to Globalstar’s spacecraft buses . Specifically, Globalstar utilizes solar panels manufactured by the Rocket Lab subsidiary SolAero . This relationship positions Rocket Lab as a component provider within the Globalstar supply chain, contributing to the spacecraft manufacturing segment .
Business Model
Revenue is generated through satellite voice and data services, alongside terrestrial spectrum usage under the Band 53 and n53 designations . The company also sells SPOT satellite messenger hardware . Total revenue reached $273M in 2025 .
Technology
The core technology stack includes a specialized satellite constellation and terrestrial spectrum assets known as Band 53 and n53 . The company integrates third-party hardware, including solar panels from SolAero, into its spacecraft buses .
Space Activity
Globalstar operates a constellation consisting of first, second, and third-generation satellites, including the C-3 series . The satellites support critical infrastructure such as satellite-based emergency SOS services .
Leadership
Dr. Paul E. Jacobs, CEO. Former CEO and Executive Chairman of Qualcomm and founder of XCOM Labs.
Funding
Globalstar is a publicly traded company on the NASDAQ under the ticker GSAT . It has historically utilized various debt and equity financing rounds since its 2006 IPO . An acquisition agreement is in place with Amazon at a valuation of $11.57B .
No Missions Found
Globalstar has not launched with Rocket Lab yet
No news articles found
News mentioning Globalstar will appear here.