Globalstar, Inc. is an American telecommunications company that operates a satellite constellation in low Earth orbit for satellite phone service, low speed data transmission and Earth observation. Its second generation constellation consists of 25 satellites, and in April 2026 Amazon announced an agreement to acquire Globalstar and merge it into its Amazon Leo business unit, with the acquisition intended to close in 2027.
Facts
Agency TypeAmerican telecommunications company operating a satellite constellation in low Earth orbit for satellite phone, low-speed data transmission and Earth observation services; publicly traded (Nasdaq: GSAT). 1 Founded Year HeadquartersCovington, Louisiana, United States 1 Annual Budget273 million US dollars in revenue (2025) 1 FAQs
Did Globalstar ever go through bankruptcy?
Yes. It filed for Chapter 11 protection in 2002 and completed restructuring in 2004.
Yes. On February 15, 2002, Globalstar and three subsidiaries filed for Chapter 11 bankruptcy protection. The restructuring was completed in 2004, and the company has continued to operate its low Earth orbit satellite constellation since.
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Sources
1. Wikipedia (space and spaceflight articles)
Wikimedia FoundationGlobalstar article, infobox Founded field
March 24, 1991; 35 years ago (1991-03-24)
Globalstar article, infobox Headquarters field
Headquarters in Covington, Louisiana, U.S.
Globalstar article, infobox CEO field
Paul E. Jacobs (CEO)
Globalstar article, infobox Revenue field
Revenue US$273 million (2025)
View the Source Globalstar (Wikipedia)
Globalstar article, opening paragraph
Globalstar, Inc. is an American telecommunications company that operates a satellite constellation in low Earth orbit (LEO) for satellite phone, low-speed data transmission and Earth observation.
In Group: United States Satellite Operators, Lead sentence
is an American telecommunications company that operates a satellite constellation in low Earth orbit (LEO) for satellite phone, low-speed data transmission and Earth observation.
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