Globalstar, Inc.

NYSE American GSAT

Globalstar, Inc. Market Capitalization on January 14, 2025: USD 3.45 B

Globalstar, Inc. Market Capitalization is USD 3.45 B on January 14, 2025, a -0.23% change year over year. Market capitalization represents total company value in stock market; higher suggests larger, more established company.
  • Globalstar, Inc. 52-week high Market Capitalization is USD 4.64 B on December 06, 2024, which is 34.66% above the current Market Capitalization.
  • Globalstar, Inc. 52-week low Market Capitalization is USD 1.94 B on June 17, 2024, which is -43.75% below the current Market Capitalization.
  • Globalstar, Inc. average Market Capitalization for the last 52 weeks is USD 2.69 B.
Key data
Date Market Capitalization Share Price Price to Earnings Ratio (P/E) Price to Sales Ratio (P/S)
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NYSE American: GSAT

Globalstar, Inc.

CEO Dr. Paul E. Jacobs Ph.D.
IPO Date Nov. 2, 2006
Location United States
Headquarters 1351 Holiday Square Boulevard
Employees 348
Sector Communication Services
Industries
Description

Globalstar, Inc. provides mobile satellite services worldwide. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, and other applications; fixed voice and data satellite communications services and equipment at industrial, commercial, and residential sites, as well as rural villages and ships; and data modem services and equipment. It also provides SPOT consumer retail products, such as SPOT satellite GPS messenger for personal tracking, emergency location, and messaging solutions; and SPOT Trace, an anti-theft and asset tracking device. In addition, the company offers commercial Internet of Things one-way transmission products to track cargo containers and rail cars, as well as to monitor utility meters, and oil and gas assets. Further, it sells wholesale minutes to independent gateway operators (IGOs); and provides engineering services, such as hardware and software designs to develop specific applications; and installation of gateways and antennas. The company distributes its products directly, as well as through independent agents, dealers and resellers, retailers, IGOs, and sales force and e-commerce Website. As of December 31, 2020, it had approximately 745,000 subscribers. The company primarily serves recreation and personal, government, public safety and disaster relief, oil and gas, maritime and fishing, construction, utilities, and transportation, as well as natural resources, mining, and forestry markets. Globalstar, Inc. has a strategic alliance with XCOM Labs to jointly commercialize XCOM's capacity-multiplying technology with Globalstar's Band n53 for 5G deployments in the United States and other countries where Globalstar has terrestrial rights. The company was founded in 1993 and is headquartered in Covington, Louisiana.

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StockViz Staff

January 15, 2025

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