378973AD3

Globalstar, Inc.

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A telecommunications company that runs its own fleet of low-Earth-orbit satellites, letting people make calls and send messages from places cell towers can't reach. Its well-known SPOT satellite messengers and GPS trackers are used by hikers, boaters, and adventurers to check in and call for help in emergencies. Founded in 1991 as a joint venture between Loral and Qualcomm, the name simply combines "global" with a "star" constellation in the sky. Today it powers Apple's iPhone Emergency SOS via Satellite feature, letting everyday phones signal for help even with no signal at all.

5.75% Convertible Senior Notes due 2028