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Globalstar Inc. (GSAT)

2.79 Up 0.16(5.89%) 11:45AM EST - Nasdaq Real Time Price
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Globalstar Inc.
300 Holiday Square Boulevard
Covington, LA 70433
United States - Map
Phone: 985-335-1500

Index Membership:N/A
Industry:Wireless Communications
Full Time Employees:267

Business Summary 

Globalstar, Inc. provides mobile voice and data communications services through satellite worldwide. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational, emergency response, and other applications; fixed voice and data satellite communications services and equipment in rural villages, ships, industrial and commercial sites, and residential sites; and satellite data modem services comprising asynchronous and packet data services. Its two-way transmission products also include Qualcomm GSP-1720 satellite voice and data modem, which enables value added resellers to integrate the satellite modem processing with the specific application. In addition, the company provides SPOT products, such as SPOT satellite GPS messenger for personal tracking, emergency location, and messaging solutions; SPOT Global phone; and SPOT Trace, an anti-theft asset tracking device. Further, it offers simplex one-way transmission products comprising STX-2 and STX-3, which enable an integrator’s product designs to access the company’s simplex network. Furthermore, the company provides engineering services, such as hardware and software designs to develop specific applications; and installation of gateways and antennas. It primarily serves government; public safety and disaster relief; recreation and personal; telecommunications; oil and gas; maritime and fishing; natural resources; construction; utilities; and transportation markets. Globalstar, Inc. distributes its products directly, as well as through independent agents, dealers and resellers, independent gateway operators, and its sales force and e-commerce Website. As of December 31, 2013, it served approximately 583,000 subscribers. The company was founded in 2003 and is headquartered in Covington, Louisiana.

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Corporate Governance 
Globalstar Inc.’s ISS Governance QuickScore as of Nov 1, 2014 is 10. The pillar scores are Audit: 10; Board: 10; Shareholder Rights: 10; Compensation: 8.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. James Monroe III, 59
Exec. Chairman, Chief Exec. Officer and Chairman of Compensation Committee
Mr. L. Barbee Ponder IV, 47
VP of Regulatory Affairs and Gen. Counsel
Mr. Richard S. Roberts , 68
Sec., Director and Chairman of Nominating & Governance Committee
Mr. Anthony J. Navarra , 66
Ms. Rebecca S. Clary ,
Chief Financial Officer and VP
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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