In The News

Globalstar, the satellite company that announced a licensing deal with Apple last year, named former Qualcomm CEO Paul Jacobs as CEO. Matt Grob, former CTO at Qualcomm, is joining Globalstar as chief technology officer. Read More >

Dr. Jacobs is an accomplished leader and innovator who brings to Globalstar deep wireless industry experience and a track record of driving innovation-led growth, including growing Qualcomm’s revenues from $5.7 billion to $25.7 billion as CEO from 2005 to 2014 while adding approximately $50 billion to its market capitalization. As Globalstar’s CEO, he will drive the Company’s ongoing strategic initiatives to develop and deploy innovative solutions across terrestrial and satellite for customers around the world. Read More >

Globalstar on Tuesday named former Qualcomm top boss Paul Jacobs as its CEO, sparking a near 20% surge in the shares of the satellite firm behind Apple's emergency communication services.

Jacobs, 60, is also a board member of IPO-bound chip firm Arm and will replace David Kagan, who is retiring after about 5 years as CEO.

Globalstar also said it had signed a deal with XCOM Labs, a wireless tech startup that Jacobs co-founded and most recently led, for exclusive access to certain key technologies and personnel.

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Paul Jacobs, Globalstar CEO and former Qualcomm CEO, joins ‘Closing Bell Overtime’ to talk competing with Elon Musk’s SpaceX, the cost of launching satellites and partnering with Apple. Read More >

Former Qualcomm boss Paul Jacobs is taking over as chief executive of Globalstar GSAT 0.95%increase; green up pointing triangle, a satellite company that supports Apple’s emergency-communications capabilities.

Jacobs, the son of Qualcomm co-founder Irwin Jacobs, served as CEO of Qualcomm from 2005 to 2014 and helped turn the chip maker into a stalwart servicing the smartphone industry. He was ousted from the company’s board in 2018 after pursuing a long-shot bid to take Qualcomm private. 

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Globalstar Europe Satellite Services (Globalstar’s European subsidiary) has revealed details of a partnership with a major global petrochemicals provider that sees its solutions used to monitor and safeguard rail and road transport of highly explosive gases across mainland Europe. INEOS Oxide is deploying Globalstar’s Ovinto Sat tracking solution to track rail and road transport here. INEOS is a global petrochemicals manufacturer that operates 194 facilities in 29 countries throughout the world. Read More >

Backcountry travel used to mean you were unreachable for long stretches, unless you happened to carry a bulky, brick-shaped satellite phone along for the ride. But the selection of satellite communication devices has grown by leaps and bounds in recent years, with the latest generation of gizmos offering all the bells and whistles of smartphone-enabled apps. Is it time to upgrade your ability to send messages from space? Read More >

Globalstar Europe Satellite Services Ltd., a wholly owned subsidiary of Globalstar, Inc. (NYSE American: GSAT) today announced that a major international provider of hazardous gases is helping organisations and consumers to use cleaner energy.

The gas exporter has deployed the Ovinto Sat smart asset monitoring system to ensure the safety of Liquefied Natural Gas (LNG) as it travels in cryogenic tank containers to customers around the globe. Ovinto Sat is enabled by the Globalstar worldwide satellite fleet and includes multifunction sensors built around Globalstar’s STX3 chipset, the smallest and lowest power consuming satellite IoT chipset on the market. Read More >

Your iPhone 14 or 14 Pro will be able to contact emergency services via satellite later this month, Apple said Thursday in a release about its $450 million investment to support the technology. Apple says the service will allow people to contact help and share their location when they're out of cell service range. It will be free to iPhone 14 users for the next two years. Read More >

Globalstar, Inc. today announced that Mongolia-based Value Added Reseller Spotter has now deployed over 12,000 animal-tracking collars based on SmartOne C and SPOT Trace. Read More >