WiFi King Jay Monroe Rescues Globalstar from Satellite Graveyard
Source: fortune.com
- Jay Monroe turned Globalstar from a bankrupt satellite flop into a WiFi powerhouse worth billions.
- His SPOT trackers and Simplex data service now dominate off-grid messaging for adventurers and enterprises.
- A $1.7 billion deal with Apple for iPhone emergency texting catapulted the stock 1,000% in months.
Jay Monroe, the "WiFi King," rescued Globalstar from Iridium's shadow and built it into a satellite-data leader. This 2015 profile spotlights his improbable comeback just as partnerships like Apple's loomed large.