Globalsat Group, Executive Team Reorganization

Globalsat Group, the multinational conglomerate specializing in Satellite Mobile Solutions, continues its path of growth and evolution.

Boca Raton, FL, USA, August 31, 2023 - In a strategic move that positions Globalsat Group to lead the next era of satellite communication innovation, we are announcing significant changes to our leadership team today. Igor Falcao, who has served as Chief Executive Officer(CEO) and has been instrumental in driving key initiatives to date, will transition to a significant role on the board of Globalsat do Brasil. We deeply value and appreciate his invaluable contributions to the group.

To ensure that we continue to lead with operational excellence and strategic vision, we are pleased to announce that J.Alberto Palacios, founder, and renowned expert in the satellite sector, will reassume the role of CEO and retain his position as Executive Chairman of theBoard. This reintegration ensures a unified and continuous vision, leveraging his extensive knowledge, experience, and profound understanding of the company's core values, along with an inspiring outlook toward the future. Under his previous leadership, Globalsat Group achieved significant milestones and solidified its position as a leader in the satellite communications market.


"Resuming this role at such a crucial juncture in the satellite industry is both a privilege and a challenge. With the industry at a turning point toward greater innovation and global expansion, our steadfast pursuit of excellence and technological forefront ensures our place as leaders in this dynamic sector." — J. Alberto Palacios.


This executive change highlights Globalsat Group's adaptability and future-oriented vision, reaffirming our commitment to stakeholders in a rapidly evolving market. We remain dedicated to pioneering satellite technology, providing secure and efficient communication solutions globally, while emphasizing a strong focus on operational excellence and customer satisfaction.

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