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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GLOBALSTAR ANNOUNCES 2017 FOURTH QUARTER AND ANNUAL RESULTS

2/22/2018

Globalstar, Inc. (NYSE American: GSAT) today announced financial and operating results for the fourth quarter and year ended December 31, 2017. Jay Monroe, Chairman and Chief Executive Officer of Globalstar, commented, "During 2017, our core MSS business achieved significant financial growth as we successfully executed on our initiatives. We provided critical connectivity during the aftermath of several natural disasters, continued to roll out adjusted rate plans, and announced several partnerships that expanded the business in innovative ways domestically and abroad. Also, our SPOT business reached a significant milestone early in 2017 with the 5,000th rescue since its launch, proving how essential our technology is to saving lives." 
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GLOBALSTAR, INC. EARNINGS CALL RELEASE NOTICE

2/16/2018

Globalstar, Inc. (NYSE American: GSAT) will announce its fourth quarter and annual 2017 financial results on Thursday, February 22, 2018 after the market closes. The Company will conduct a conference call that evening at 5:00 p.m. Eastern Time to discuss these financial results. 
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Globalstar to showcase its new M2M/IoT device at CES

1/4/2018

Globalstar, Inc. (NYSE American: GSAT) will showcase its newest M2M/IoT device, the SmartOne Solar™, at the upcoming CES Show, January 9-12 in Las Vegas. The Company's newest product is solar-powered and offers Bluetooth Low Energy connectivity while addressing the growing global demand for reliable and affordable remote monitoring and automated data collection of assets located both within and beyond terrestrial networks. This product expands the market for remote connectivity to include assets that are otherwise difficult or expensive to reach for power replacement and lowers the operating cost of monitoring assets currently being served by legacy SmartOne products. The product is currently pending IECEx and ATEX-Zone 0 Certification to qualify the device as intrinsically safe. 
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GLOBALSTAR ANNOUNCES SECONDARY OFFERING OF VOTING COMMON STOCK

12/7/2017

Globalstar, Inc. (NYSE American: GSAT)), a leading provider of mobile satellite voice and data services to businesses, governments and consumers, today announced an offering of 38,000,000 shares of Globalstar's voting common stock on an underwritten basis by FL Investment Holdings, LLC, a stockholder affiliated with Thermo Capital Partners, LLC ("Thermo") and controlled by James Monroe III, the Chairman of the Board and Chief Executive Officer of Globalstar, to Morgan Stanley, as the underwriter in a registered offering of these shares (the "offering"). Thermo is selling these shares, representing approximately 4% of its holdings in Globalstar on a fully diluted basis, for tax planning purposes. 
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Globalstar Announces Appointment of David Kagan as President and Chief Operating Officer

11/28/2017

Globalstar, Inc. (NYSE American: GSAT) today announced that David Kagan is returning to the Company as President and COO effective December 6, 2017. Mr. Kagan will be responsible for all functions in support of Globalstar's core satellite revenue growth and will report to Jay Monroe, Chairman and CEO. Business units reporting to Mr. Kagan include business development, worldwide sales and marketing, satellite and ground operations and engineering, product development, software development, information technology, administration and customer relations.
  
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BOTSWANA GRANTS GLOBALSTAR'S FIRST INTERNATIONAL TERRESTRIAL SPECTRUM APPROVAL

11/16/2017

Globalstar, Inc. (NYSE American: GSAT) announced today that the Botswana Communications Regulator Authority (BOCRA) has granted terrestrial authority to Globalstar's Botswana subsidiary to provide terrestrial mobile broadband services over 16.5 MHz of S-band spectrum at 2483.5 to 2500 MHz. In 2014, in partnership with Broadband Botswana Internet (BBi), Globalstar announced the commencement of construction of its commercial gateway located in Gaborone, Botswana. This project brought commercial SPOT and Simplex service to southern Africa in 2015.  
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