Globalstar, Inc. (NYSE American: GSAT), a provider of global mobile satellite communications services, has announced that the company has launched Globalstar Automotive, a newly formed division to support future connected and autonomous vehicles and intelligent transport, the company said.
With more than 600 million connected vehicles expected to be on the road by 2025 and with the market for automotive connectivity projected to increase to USD 103 billion by 2030, Globalstar seeks to leverage its two-way global and broadcast capable network to assist automakers to comply with the latest safety regulations, deliver over-the-air (OTA) software updates, increase location accuracy and improve reliability for autonomous vehicle operation.
Greg Ewert has joined the company and brings 30 years of senior executive leadership experience across a wide range of technologies in the telecommunications field.
Globalstar is a provider of mobile satellite voice and data services. The company´s products include mobile and fixed satellite telephones, the innovative Sat-Fi satellite hotspot, Simplex and Duplex satellite data modems, tracking devices and flexible service packages.