Tech Company Financing Transactions
Globalstar Funding Round
Apple and SpaceX joined a $64 million funding round for Globalstar. The round was announced by the company on 9/2/2023.
Transaction Overview
Company Name
Announced On
9/2/2023
Transaction Type
Venture Equity
Amount
$64,000,000
Round
Undisclosed
Proceeds Purpose
SpaceX is also developing its own "sat-to-cell" plans through its Starlink satellite constellation, making it and Globalstar something of competitors.
Company Information
Company Status
Private & Independent
Industry
Telecom
Mailing Address
1351 Holiday Square BLVD
Covington, LA 70433
USA
Covington, LA 70433
USA
Phone
Website
Email Address
Overview
Globalstar's technology often gets all the attention, but our people deserve the credit for truly setting us apart. The engineers, administrators, and other experts on the Globalstar team, fuel our ability to support growth, connectivity, improve productivity and save lives throughout the world. The strength and excellence of our products and services directly reflect the expertise and commitment of the people who make it all happen.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sarika Bajaj
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We report on tech company VC transactions. VC investment data records reported here are sourced from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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