Globalstar Invests $1 Billion to Expand Global Satellite Network

Reuters11-18

Globalstar Invests $1 Billion to Expand Global Satellite Network

Globalstar Inc. has reached a significant milestone in its $2 billion pledge to the International Telecommunication Union (ITU) Partner2Connect initiative, surpassing the halfway mark with over $1 billion invested to date. The company is expanding its global satellite network and building ground stations at 14 sites across 8 countries on 4 continents. This investment supports the launch of new replacement satellites and the rollout of Globalstar's third-generation C-3 system, aimed at enhancing connectivity, capacity, and reliability for users worldwide, particularly in remote and underserved regions. The initiative aligns with Globalstar's commitment to universal, affordable, and sustainable connectivity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Globalstar Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251118156779) on November 18, 2025, and is solely responsible for the information contained therein.

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