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Globalstar Appoints Telecom Leader Dave Haight to Drive IoT Growth
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
management
Rhea-AI Summary
Globalstar, Inc. (NYSE American: GSAT) has appointed Dave Haight as vice president of IoT, reinforcing its commitment to expand in the IoT sector. Haight brings extensive experience, previously leading IoT development at AT&T, where he significantly grew the business. His focus will be on enhancing Globalstar's satellite-based IoT offerings, targeting large-scale customers. This announcement follows Globalstar's plans for a new satellite fleet aimed at strengthening operations and ensuring long-term growth.
Positive
Appointment of Dave Haight as vice president of IoT to enhance leadership and expand market reach.
Haight's past success at AT&T indicates strong potential for growth in Globalstar's IoT business.
Planned new satellite fleet to increase operational capacity and reliability.
Negative
None.
COVINGTON, La.--(BUSINESS WIRE)--
Globalstar, Inc. (NYSE American: GSAT) today announced Dave Haight has joined Globalstar as vice president of IoT. Haight is a prominent telecom and IoT industry leader, with extensive experience driving network connectivity growth and developing impactful strategies to build partner channels and strategic relationships in IoT.
Haight joins Globalstar after his success developing the IoT business at AT&T as well as other companies. He served as vice president of business development for AT&T's Mobility Emerging Devices Organization, where he initiated and grew the organization into AT&T's current IoT business. This appointment further solidifies Globalstar's commitment to expansion within the IoT industry.
"Globalstar is executing on our plan to accelerate the longer-term success of our satellite business. Last week we announced plans for a new fleet of satellites with vendors MDA and Rocket Lab, which will enhance, expand, and provide long-term certainty to our operations. And today, to further advance our IoT growth strategy, we add Dave Haight to our executive team. Dave brings deep industry knowledge and extensive relationships across the sector. We view Globalstar as having four pillars of value: the legacy satellite business which includes Duplex and SPOT services, commercial IoT, our arrangement with a potential customer discussed in our regulatory filings and terrestrial spectrum. We are confident that Dave will help us drive the commercial IoT pillar to great success," said Dave Kagan, Globalstar CEO.
In Haight’s role at AT&T, he launched devices and connectivity solutions in key market segments, including automotive, tracking systems and healthcare. Before this role, Haight was responsible for national distribution business development for AT&T's wireless and wired products. Under his leadership, AT&T added more than 30,000 points of distribution, in both retail and digital.
Haight stated, "I am excited to join the Globalstar management team and believe there is significant untapped potential in the Company’s satellite-based IoT business. Success in this role will entail a strategic focus on augmenting our customer base to include large-scale customers. Globalstar's satellite network offers significant available capacity and adds value to the IoT industry by empowering connectivity solutions and expanding use cases that are not realized today – capability that will soon include two-way IoT devices. We plan to develop unique enterprise partnerships with large-scale VARs, system integrators, carriers and others looking to extend their business models with satellite connectivity utilizing low power and small form factor devices, leveraging mid-frequency spectrum across borders.”
About Globalstar, Inc.
Globalstar pioneered personal safety by introducing its SPOT Satellite GPS Messenger in 2007. Today, leveraging its low-earth orbit (LEO) satellite constellation, Globalstar reliably connects and protects assets, transmits key operational data, and saves lives – from any location – for consumers, industrial companies, and government agencies in over 120 countries. With a portfolio that includes SPOT GPS messengers, next-generation IoT products and modules and cloud-based telematics solutions, Globalstar's cost-effective satellite-powered innovations give users visibility and intelligence for improving safety and operational efficiencies.
