Publicly Owned Globalstar, a subsidiary of Amazon and headquartered in the United States, was founded in 1993 and employs approximately 400 individuals. The company reported $273.0M in revenue as of 2025. Globalstar provides mobile satellite services and terrestrial wireless connectivity, operating a proprietary constellation of Low Earth Orbit (LEO) satellites to deliver communication solutions in remote areas where terrestrial networks are unavailable or unreliable. Its business model focuses on a "Satellite-as-a-Infrastructure" strategy, which includes a partnership with Apple to power Emergency SOS via satellite for the iPhone, as well as an agreement to expand the Amazon LEO satellite network. Leveraging its spectrum assets (Band n53) and terrestrial radio technology (XCOM RAN), Globalstar offers connectivity for industrial IoT, emergency services, and consumer safety on a global scale.
On August 13, 2026, Globalstar prepared for the launch of the first batch of eight HIBLEO-4 replacement satellites for its mobile voice and data communications network in low Earth orbit from Cape Canaveral SFS, a development occurring ahead of its planned acquisition by Amazon. Concurrently, XCOM RAN by Globalstar received Frost & Sullivan's 2026 Global Enabling Technology Leadership Recognition for its approach to next-generation private 5G deployment, which supports physical AI and industrial automation at scale with end-to-end high-performance connectivity. Previously, on August 12, L. Ponder, Globalstar's General Counsel & VP of Regulatory Affairs, sold shares netting approximately US$1.0 million at an average price of US$83.21.
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