---
schema_version: "secwatch.filing_event.v1"
accession: "0001366868-23-000106"
form_type: "8-K"
ticker: "GSAT"
cik: "0001366868"
company_name: "Globalstar, Inc."
filed_at: "2023-08-29T23:59:59+00:00"
generated_at: "2026-06-11T02:20:23.449325+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Globalstar hires ex-Qualcomm CEO Paul Jacobs, licenses XCOM tech for ~60M shares

## Summary
- Paul E. Jacobs appointed CEO effective immediately, replacing David Kagan.
- Exclusive perpetual license for XCOM wireless technologies, including XCOMP coordinated multipoint radio system.
- Upfront licensing consideration of approximately 60 million shares of Globalstar common stock.
- Matt Grob, former Qualcomm CTO, joins as Globalstar CTO; other XCOM engineers expected.

## SEC filing metadata
- accession: 0001366868-23-000106
- form_type: 8-K
- ticker: GSAT
- cik: 0001366868
- company_name: Globalstar, Inc.
- filed_at: 2023-08-29T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1366868/000136686823000106/0001366868-23-000106-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1366868/000136686823000106/gsat-20230829.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001366868-23-000106
- JSON: https://secwatch.observer/filing/0001366868-23-000106.json
- Plain text: https://secwatch.observer/filing/0001366868-23-000106.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.