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Apple commits $1.5 billion to Globalstar

Apple Will Invest $1.5B in Globalstar to Expand Satellite Services

The tech company is pledging more money for Globalstar's network of satellites, which power Emergency SOS and messaging.

SpaceNews · 1d

Globalstar soars on Apple’s $1.7 billion satellite investment

Satellite operator Globalstar stock closed up more than 30% Nov. 1 after disclosing Apple’s plans to inject $1.7 billion for a new constellation to improve space-based communications for iPhones.

Hosted on MSN · 4d

Apple commits $1.5 billion to Globalstar for expanded iPhone satellite services

Apple committed about $1.5 billion to satellite communications company Globalstar to fund the expansion of iPhone services.

$1.5 Billion Apple-Globalstar Deal To Transform Direct To Device Satellite Game

The $1.5 billion Apple-Globalstar deal packs a competitive punch for virtually all corners of the connectivity <a target=_bl ...

Apple-Globalstar $1.5 billion deal disrupts connectivity market, report says

McClune, Chief Analyst for Technology at GlobalData, stated that this is likely the largest and most impactful consumer OEM low-Earth-orbit (LEO) deal to date. The agreement positions Apple as the ...

Globalstar: Upside Still Not Fully Priced In

Globalstar's share price jumped after the announcement of a significant expansion of its partnership with Apple. Click here ...

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Apple commits $1.5 billion to Globalstar

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