Peiker Holding GmbH and Globalstar Announce Strategic Partnership to Bring Satellite-based Emergency Services and Telematics Capabilities to Automotive OEMs
Globalstar, Inc. (GSAT)
Last globalstar, inc. earnings: 2/27 07:30 am
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Source: Business Wire
COVINGTON, La.--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT), the next-generation mobile satellite and communications services provider, announced today Peiker Holding Gmbh and Globalstar have entered a strategic partnership to bring satellite-based emergency services and telematics capabilities to the automotive industry.For decades, Peiker has been a leading provider of connectivity modules for use in vehicles that enable fast and reliable data transmission on the road. Peiker trailblazed the path to today’s emergency call (eCall) services with its Polestar product, a telematics system based on mobile phones that tracks vehicles using GPS.Globalstar has been saving lives with its SPOT satellite messengers for two decades, recently celebrating over 10,000 rescues as well as providing emergency services in the direct-to-device industry with its wholesale customer.“Peiker is looking forward to working with Globalstar to bring innovative communication solutions to vehicle
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GSAT
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GSAT
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- 1/7/25 - Form 4
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- 1/7/25 - Form 4
- GSAT's page on the SEC website