THE TIMES-PICAYUNE NAMES GLOBALSTAR A WINNER OF THE GREATER NEW ORLEANS REGION 2018 TOP WORKPLACES AWARD

5/24/2018

Covington, LA (May 24, 2018) – Globalstar, Inc. (NYSE American: GSAT) has been awarded a 2018 Top Workplaces honor by The Times-Picayune. The list is based solely on employee feedback gathered through a third-party survey administered by research partner Energage, LLC (formerly WorkplaceDynamics), a leading provider of technology-based employee engagement tools. The anonymous survey measures several aspects of workplace culture, including alignment, execution, and connection, just to name a few. 
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SPOT INTRODUCES THE NEW SPOT X 2-WAY SATELLITE MESSENGER

5/10/2018

SPOT LLC, a wholly owned subsidiary of Globalstar, Inc., (NYSE American: GSAT) and the leader in satellite messaging and emergency notification technologies, today introduced SPOT X™, a 2-way satellite messaging device. SPOT X  offers 2-way message capabilities with an onboard backlit keyboard, GPS location tracking, social media linking and direct communication with emergency services in one portable, lightweight device.
 
  
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GLOBALSTAR ANNOUNCES FIRST QUARTER 2018 RESULTS

5/9/2018

Globalstar, Inc. (NYSE American: GSAT) today announced its financial results for the quarter ended March 31, 2018. Jay Monroe, Chairman and Chief Executive Officer of Globalstar, commented, “In late April, after our quarter ended, we announced a transformative transaction to merge Globalstar with FiberLight and almost $400 million of other assets to create a diversified telecom company with assets spanning satellite, spectrum and fiber. We expect that the combined company will have a fortified balance sheet, generate significant cash flow and will be well positioned for the evolution of next-generation networks. We look forward to closing the transaction in the third quarter."
  
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GLOBALSTAR, INC. EARNINGS CALL RELEASE NOTICE

5/4/2018

Globalstar, Inc. (NYSE American: GSAT) will announce its first quarter 2018 financial results on Thursday, May 10, 2018 before the market opens. The Company will conduct a conference call that morning at 8:30 a.m. Eastern Time to discuss these financial results. 
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Globalstar to Participate in 22nd Annual Burkenroad Reports Investment Conference

4/27/2018

Globalstar, Inc. (NYSE American: GSAT) announced today that it will participate in the 22nd Annual Burkenroad Reports Investment Conference in New Orleans, LA. Jay Monroe, Chairman and CEO, will present at 8:30 a.m. CDT at the Sheraton New Orleans Hotel on Friday, April 27, 2018. 
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Globalstar to Merge with Metro Fiber Provider FiberLight and Acquire Other Assets in Stock Transaction

4/25/2018

Globalstar, Inc. (NYSE American: GSAT) today announced it has signed a merger agreement with Thermo Acquisitions, Inc. pursuant to which the following assets will be combined with Globalstar: metro fiber provider FiberLight, LLC (FiberLight), 15.5 million shares of common stock of CenturyLink, Inc. (NYSE: CTL) (CenturyLink), $100 million of cash and minority investments in complementary businesses and assets of $25 million in exchange for Globalstar common stock valued at approximately $1.65 billion, subject to adjustments. Thermo Acquisition, Inc. is controlled by Jay Monroe, Executive Chairman of the Board of Directors and Chief Executive Officer of Globalstar. At closing the parent company will be renamed Therm 
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GLOBALSTAR ANNOUNCES THE RELEASE OF SAT-FI2, THE WORLD’S MOST ADVANCED SATELLITE HOTSPOT

4/18/2018

Globalstar, Inc. (NYSE American: GSAT) today introduced Sat-Fi2™, a lightweight, portable satellite hotspot providing reliable communications through any Wi-Fi enabled smart device. Sat-Fi2 provides seamless connectivity powered by Globalstar’s modernized satellite network and represents the first product utilizing Globalstar’s next generation ground infrastructure. 
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University of Oldenburg Deploys Globalstar Satellite Technology to Tackle North Sea Plastic Pollution

3/14/2018

Globalstar Europe Satellite Services Ltd., a wholly owned subsidiary of Globalstar Inc. (NYSE MKT: GSAT) and the leader in satellite messaging and emergency notification technologies, announced today that SPOT Trace™ and Globalstar satellite communications are helping researchers at the University of Oldenburg in Germany better understand and combat plastic pollution in the North Sea.

 
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Globalstar Launches Automotive Team to Bring Enhanced Global Connectivity to the Next Generation of Connected and Autonomous Vehicles

3/12/2018

Globalstar, Inc. (NYSE American: GSAT), a leading provider of global mobile satellite communications services, today announced that the Company has launched Globalstar Automotive, a newly formed division to support future connected and autonomous vehicles and intelligent transport. With more than 600 million connected vehicles expected to be on the road by 2025 and with the market for automotive connectivity projected to increase to $103 billion by 2030, Globalstar seeks to leverage its two-way global and broadcast capable network to assist automakers to comply with the latest safety regulations, deliver over-the-air (OTA) software updates, increase location accuracy and improve reliability for autonomous vehicle operation. 
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GLOBALSTAR APPOINTS SYMMETRY ELECTRONICS AS A NEW DISTRIBUTOR

3/6/2018

Globalstar, Inc. (NYSE American: GSAT) announced today that the company has signed a distribution agreement with California-based Symmetry Electronics allowing the company to offer a range of Globalstar's satellite and multi-radio modems which support global connectivity. "Globalstar and their innovative products complement our current offerings, and will enhance Symmetry's ability to offer premier technologies to our video and wireless customers," said David Beck, Vice President of Marketing at Symmetry Electronics. 
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