Globalstar, Inc. · NASDAQ:GSAT
Globalstar — Mobile World Congress, Las Vegas
27 slides from Globalstar's conference presentation
Slide 1: The path to complementary convergence
The path to complementary convergence
Slide 2: Delivering on the promise of NTN NB-IoT
Delivering on the promise of NTN NB-IoT Complementary convergence supports the satellite-telco momentum, offering increased coverage and revenues. 2 Connect smarter The path to complementary convergence
Slide 3: Globalstar overview
Globalstar overview • Globalstar is a next-generation telecommunications infrastructure provider and technology disruptor • Significant asset value with satellite network, long-term contracts and licensed spectrum assets • Wireless technology which dramatically increases system capacity and ease of
Slide 4: Four pillars of value
Four pillars of value Our value creation strategy to drive value is divided into four pillars, the foundation for a telecom infrastructure company offering satellite and terrestrial connectivity around the globe. Wholesale satellite Terrestrial Commercial IoT Legacy services capacity wireless 4 Conn
Slide 5: Globalstar Timeline
Globalstar Timeline Realm Enablement Suite introduced SmartOne Solar Spare satellite launched launched First voice & Second gen Announced Apple service data product satellite 3,000 rescues 5,000 SPOT 6,300 rescues launched launched initiated rescues initiated initiated 9,000 rescues initiated 2000 2
Slide 6: Globalstar gateways and offices
Globalstar gateways and offices Upgraded existing gateway Newly added gateway Office locations 6 Connect smarter / IoT solutions for safety, tracking, and monitoring Confidential
Slide 7: Globalstar’s LEO satellite system
Globalstar’s LEO satellite system Mid-band spectrum for mobility Available system capacity in retained 15% to support IoT growth Allows for small, lower cost and energy efficient terminals Bent pipe architecture allows for on ground upgrades Satellite coverage across ~99% of world’s population Low-l
Slide 8: Licensed spectrum
Licensed spectrum S-Band 16.5 MHz Satellite L-Band 8.725 MHz C-Band 339 MHz 8 Connect smarter The path to complementary convergence
Slide 9: Terrestrial spectrum
Terrestrial spectrum Band n53 is our uniform and increasingly “borderless” spectrum resource with multiple commercial applications. Our partners — cable companies, legacy or upstart wireless carriers, system integrators, utilities and others — will be able to benefit through a growing device ecosyst
Slide 10: Licensed spectrum Band n53 / S-Band
Licensed spectrum Band n53 / S-Band Terrestrial 11.5 MHz 10 Connect smarter The path to complementary convergence
Slide 11: Global footprint
Global footprint Globalstar’s terrestrial licenses currently cover 11 countries and approximately 850 million people, which will continue to expand as the we find many more ways to bring our robust Band n53 ecosystem to new users. Terrestrial authority obtained 11 Connect smarter The path to complem
Slide 12: Pre-NTN: making satellite phones from cellular
Pre-NTN: making satellite phones from cellular CDMA > Globalstar LTE > OneWeb GSM > Iridium 12 Connect smarter The path to complementary convergence | 12
Slide 13: Satellite IoT market opportunity
Satellite IoT market opportunity 13 Connect smarter The path to complementary convergence
Slide 14: Global satellite IoT growth
Global satellite IoT growth ARPU ARPU • Industry $20.62 $19.35 $18.06 $16.78 $15.11 $13.36 $12.53 $11.17 -7.7% CAGR 9.0 1.2 $1.1 Global Volume and Value REVENUE subscription 8.0 $1.0 10.4% CAGR revenues set to 1.0 SUBSCRIPTIONS 7.0 $0.9 19.6% CAGR exceed $1 billion 6.0 $0.7 $0.8 0.8 Active Connectio
Slide 15: Satellite subscription revenue through ’27
Satellite subscription revenue through ’27 15 Connect smarter The path to complementary convergence Data: Strategy Analytics 2022
Slide 16: Global satellite IoT connections SAM
Global satellite IoT connections SAM SAM3 Two-Way CAGR of 17% vs One Way at 10% SAM, Global Connections (k) 544 482 693 426 One Way 9.9% CAGR 608 389 525 335 Two Way 17.1% CAGR 440 319 309 350 307 1,783 Dual/Tri Mode 18.3% CAGR 269 1,509 1,265 1,062 742 847 652 Total 16.2% CAGR 2021 2022 2023 2024 2
Slide 17: Direct-to-device satellite NTN-IoT market
Direct-to-device satellite NTN-IoT market 1.9 billion devices across nine sectors Note: Percentages represent the share of total IoT devices addressable for D2D satellite in are addressable 2035. Note this is not the same as the share of total addressable revenue for D2D satellite Source: GSMA Intel
Slide 18: The Globalstar NTN NB-IoT ecosystem
The Globalstar NTN NB-IoT ecosystem • Globalstar will adopt 3GPP Release 18 NB-IoT • Strategic partnerships between terrestrial and non-terrestrial service providers enables new and innovative solutions and applications 18 Connect smarter The path to complementary convergence
Slide 19: Complementary convergence
Complementary convergence Supporting the satellite-telco convergence momentum, Globalstar has the spectrum, satellite technology and partners to make NTN NB-IoT a reality. 19 Connect smarter The path to complementary convergence
Slide 20: Convergence
Convergence n53 NTN +5G 20 Connect smarter The path to complementary convergence
Slide 21: Convergence
Convergence NTN +5G 21 Connect smarter The path to complementary convergence
Slide 22: Convergence
Convergence n53 22 Connect smarter The path to complementary convergence
Slide 23: Convergence
Convergence n53 23 Connect smarter The path to complementary convergence
Slide 24: Convergence
Convergence NTN +5G 24 Connect smarter The path to complementary convergence
Slide 25: Convergence
Convergence NTN +5G n53 25 Connect smarter The path to complementary convergence
Slide 26: Globalstar delivers on the NTN NB-IoT promise
Globalstar delivers on the NTN NB-IoT promise • Low latency LEO network • Regulated terrestrial spectrum n53 • Full scalability • Ubiquitous coverage across countries and between regions 26 Connect smarter The path to complementary convergence
Slide 27: Connect smarter
Connect smarter 27 Connect smarter The path to complementary convergence