<DOCUMENT>
<TYPE>EX-21
<SEQUENCE>4
<FILENAME>y59129aex21.txt
<DESCRIPTION>LIST OF SUBSIDIARIES
<TEXT>
<PAGE>

                                                                      EXHIBIT 21

                                GLOBALSTAR, L.P.

     As of March 15, 2002, active subsidiaries, all 100% owned directly or
indirectly (except as noted below) consist of the following:

<Table>
<S>                                                  <C>
GLOBALSTAR CAPITAL CORPORATION.....................  DELAWARE
GLOBAL TRAK PTY. LTD. .............................  AUSTRALIA
GLOBALSTAR SERVICES COMPANY, INC. .................  DELAWARE
GLOBALSTAR CORPORATION.............................  DELAWARE
GLOBALSTAR OFFSHORE CO. ...........................  MAURITIUS
GLOBALSTAR, L.L.C. ................................  DELAWARE
GLOBALSTAR INTERNATIONAL SERVICES LTD. ............  HUNGARY
STONESTREET HOLDING N.V. ..........................  NETHERLANDS ANTILLES
GLOBALSTAR HOLDINGS LTD. ..........................  CYPRUS
VODAFONE SATELLITE SERVICES, INC. .................  DELAWARE
GLOBALSTAR JAPAN K.K. .............................  JAPAN
ATSS CANADA, INC. .................................  DELAWARE
ATSS/LORAL NETHERLANDS B.V.(50.1%).................  NETHERLANDS
GLOBALSTAR CANADA SATELLITE CO.(50.1%).............  CANADA
</Table>

                                       E-2

</TEXT>
</DOCUMENT>