Peiker Holding GmbH and Globalstar Announce Strategic Partnership to Bring Satellite-based Emergency Services and Telematics Capabilities to Automotive OEMs
Globalstar (NYSE American: GSAT) and Peiker Holding GmbH have announced a strategic partnership to develop satellite-based emergency services and telematics capabilities for the automotive industry. Peiker, a pioneer in vehicle connectivity modules and emergency call services, will represent Globalstar in Europe and provide technical support for relevant projects. The partnership leverages Peiker's experience with their Polestar telematics system and Globalstar's SPOT satellite messenger technology, which has facilitated over 10,000 rescues.
Peiker will contribute product development resources to optimize Globalstar technologies for automotive applications. The collaboration aims to enhance road safety and improve communication reliability in critical situations. This partnership represents Globalstar's expansion into the automotive sector, focusing on providing critical services for both passengers and vehicles.
Globalstar (NYSE American: GSAT) e Peiker Holding GmbH hanno annunciato una partnership strategica per sviluppare servizi di emergenza basati su satellite e capacità telematiche per l'industria automobilistica. Peiker, pioniera nei moduli di connettività per veicoli e nei servizi di chiamata di emergenza, rappresenterà Globalstar in Europa e fornirà supporto tecnico per progetti pertinenti. La partnership sfrutta l'esperienza di Peiker con il loro sistema telematico Polestar e la tecnologia del messaggero satellitare SPOT di Globalstar, che ha facilitato oltre 10.000 soccorsi.
Peiker contribuirà con risorse per lo sviluppo del prodotto per ottimizzare le tecnologie di Globalstar per le applicazioni automobilistiche. La collaborazione mira a migliorare la sicurezza stradale e a migliorare l'affidabilità della comunicazione in situazioni critiche. Questa partnership rappresenta l'espansione di Globalstar nel settore automobilistico, con focus sulla fornitura di servizi critici per passeggeri e veicoli.
Globalstar (NYSE American: GSAT) y Peiker Holding GmbH han anunciado una asociación estratégica para desarrollar servicios de emergencia basados en satélite y capacidades telemáticas para la industria automotriz. Peiker, pionera en módulos de conectividad para vehículos y servicios de llamada de emergencia, representará a Globalstar en Europa y proporcionará soporte técnico para proyectos relevantes. La asociación aprovecha la experiencia de Peiker con su sistema telemático Polestar y la tecnología del mensajero satelital SPOT de Globalstar, que ha facilitado más de 10.000 rescates.
Peiker contribuirá con recursos para el desarrollo de productos para optimizar las tecnologías de Globalstar para aplicaciones automotrices. La colaboración tiene como objetivo mejorar la seguridad en las carreteras y aumentar la fiabilidad de la comunicación en situaciones críticas. Esta asociación representa la expansión de Globalstar en el sector automotriz, centrada en la prestación de servicios críticos para pasajeros y vehículos.
글로벌스타 (NYSE American: GSAT)와 파이커 홀딩스 GmbH가 자동차 산업을 위한 위성 기반 비상 서비스 및 텔레마틱스 기능을 개발하기 위한 전략적 파트너십을 발표했습니다. 차량 연결 모듈 및 긴급 호출 서비스의 선구자인 파이커는 유럽에서 글로벌스타를 대표하고 관련 프로젝트에 대한 기술 지원을 제공합니다. 이 파트너십은 파이커의 폴스타 텔레마틱스 시스템에 대한 경험과 글로벌스타의 SPOT 위성 메신저 기술을 활용하여 10,000건 이상의 구조를 지원했습니다.
파이커는 자동차 응용 프로그램을 위한 글로벌스타 기술 최적화를 위해 제품 개발 자원을 제공할 것입니다. 이 협력의 목표는 도로 안전을 향상시키고 중대한 상황에서의 통신 신뢰성을 개선하는 것입니다. 이 파트너십은 승객과 차량 모두를 위한 중요한 서비스를 제공하는 데 중점을 두며 글로벌스타의 자동차 부문 확장을 나타냅니다.
Globalstar (NYSE American: GSAT) et Peiker Holding GmbH ont annoncé un partenariat stratégique visant à développer des services d'urgence basés sur satellite et des capacités télématiques pour l'industrie automobile. Peiker, pionnier dans les modules de connectivité des véhicules et les services d'appel d'urgence, représentera Globalstar en Europe et fournira un soutien technique pour les projets pertinents. Ce partenariat tire parti de l'expérience de Peiker avec son système télématique Polestar et de la technologie de messager satellite SPOT de Globalstar, qui a permis plus de 10 000 sauvetages.
Peiker contribuera avec des ressources au développement de produits pour optimiser les technologies de Globalstar pour les applications automobiles. La collaboration vise à améliorer la sécurité routière et à renforcer la fiabilité des communications dans des situations critiques. Ce partenariat représente l'expansion de Globalstar dans le secteur automobile, en se concentrant sur la fourniture de services critiques pour les passagers et les véhicules.
Globalstar (NYSE American: GSAT) und Peiker Holding GmbH haben eine strategische Partnerschaft bekannt gegeben, um satellitengestützte Notdienste und Telematikfunktionen für die Automobilindustrie zu entwickeln. Peiker, ein Pionier in Fahrzeugkonnektivitätsmodulen und Notrufdiensten, wird Globalstar in Europa vertreten und technische Unterstützung für relevante Projekte bieten. Die Partnerschaft nutzt Peikers Erfahrung mit ihrem Polestar-Telematiksystem und der SPOT-Satellitenmessenger-Technologie von Globalstar, die bereits über 10.000 Rettungen ermöglicht hat.
Peiker wird Ressourcen für die Produktentwicklung bereitstellen, um die Technologien von Globalstar für Automobilanwendungen zu optimieren. Die Zusammenarbeit soll die Verkehrssicherheit verbessern und die Kommunikationszuverlässigkeit in kritischen Situationen erhöhen. Diese Partnerschaft stellt die Expansion von Globalstar in den Automobilsektor dar, mit dem Fokus auf die Bereitstellung wichtiger Dienstleistungen für sowohl Passagiere als auch Fahrzeuge.
- Strategic entry into automotive market expanding Globalstar's satellite services
- Partnership with established automotive technology provider Peiker
- Access to European automotive market through Peiker's representation
- Proven track record with over 10,000 successful rescues through SPOT technology
- None.
Insights
This strategic partnership marks a significant advancement in automotive safety and connectivity integration. The collaboration leverages Peiker's established presence in automotive telematics and Globalstar's satellite infrastructure to create a comprehensive emergency response system that functions beyond traditional cellular coverage limitations.
The integration potential extends beyond basic emergency services - the partnership enables advanced telematics capabilities that could revolutionize vehicle tracking, diagnostics and safety features. For Globalstar, this represents a important expansion into the lucrative automotive OEM market, particularly in Europe where Peiker's influence is substantial. The timing aligns with increasing regulatory focus on vehicle safety systems and growing demand for always-connected vehicles.
The technology stack combination suggests development of sophisticated systems that could include real-time vehicle monitoring, predictive maintenance capabilities and enhanced emergency response protocols. This positions both companies advantageously in the rapidly evolving connected car ecosystem, with significant potential for recurring revenue streams through service subscriptions.
The partnership represents a strategic market expansion opportunity in the growing connected car sector, projected to reach
The timing is particularly advantageous given the EU's mandatory eCall requirements and increasing global focus on vehicle safety systems. Peiker's proven track record in eCall implementation positions the partnership to capitalize on both regulatory compliance needs and emerging safety technology demands. For Globalstar, this could translate into substantial revenue growth through both hardware integration and recurring service fees from the automotive sector.
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 vehicles,” said Andreas Peiker, Managing Director of Peiker. “This builds on our experience with the eCall system, which we successfully introduced into vehicles back in the early 2000s.” Peiker continued, “Our goal is to take the protection of people on the roads to the next level and to make communication access even more reliable in critical situations.”
The partnership enables Peiker to represent Globalstar in
“We are excited to extend our satellite-based emergency services and IoT connectivity to the automotive industry - connecting everyone, everywhere, all the time,” said Dr. Paul E. Jacobs, CEO, Globalstar. “This partnership with Peiker Holding, one of the early connected car innovators, will accelerate long standing interest from automotive OEMs towards commercially available critical services for both passengers and cars.”
Further information / Technical information and scope of delivery at:
www.peiker-holding.com and www.globalstar.com/en-us
About peiker Holding
peiker Holding GmbH is the leading company of an internationally oriented family business in the fourth generation based in Bad Homburg. peiker Holding takes care of the holistic management of the "companies of the Peiker family" and is always on the lookout for new trends and investment potential. Around 250 employees are employed in the Peiker family companies at the Bad Homburg, Teltow, Osnabrück, Wildau and
About Globalstar, Inc.
Globalstar empowers its customers to connect, transmit, and communicate in smarter ways – easily, quickly, securely, and affordably – offering reliable satellite and terrestrial connectivity services as an international telecom infrastructure provider. The Company’s LEO satellite constellation ensures secure data transmission for connecting and protecting assets, transmitting critical operational data, and saving lives for consumers, businesses, and government agencies across the globe. Globalstar’s terrestrial spectrum, Band 53, and its 5G variant, n53, offers carriers, cable companies, and system integrators a versatile, fully licensed channel for private networks with a growing ecosystem to improve customer wireless connectivity, while Globalstar’s XCOM RAN product offers significant capacity gains in dense wireless deployments. In addition to SPOT GPS messengers, Globalstar offers next-generation IoT hardware and software products for efficiently tracking and monitoring assets, processing smart data at the edge, and managing analytics with cloud-based telematics solutions to drive safety, productivity, and profitability.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250107449324/en/
Alisa Moloney
Alisa.Moloney@globalstar.com
Ann-Katrin Göricke
ann-kathrin.goericke@peiker-holding.com
Source: Globalstar, Inc. and Peiker Holding GmbH
FAQ
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