Globalstar Reaches Key Milestone in $2 Billion ITU Pledge, Completing Over Half of Its Commitment to Advance Global Connectivity

COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announces significant progress towards its $2 billion pledge made to the International Telecommunication Union (ITU) Partner2Connect initiative in March 2025. The company has now surpassed more than 50 percent of its commitment, investing over $1 billion to strengthen its global satellite network and expand broadband and IoT connectivity capabilities wor