Globalstar Constellation

Apple to invest up to $1.5 bln in Globalstar

Apple to invest $1.5bn in Globalstar to expand satellite services

Apple has announced plans to invest approximately $1.5bn in satellite communications company Globalstar to expand iPhone satellite services. Specifically, the agreement between Apple and Globalstar involves a $1.

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.

Aviation Week · 5d

Apple To Help Globalstar Build New Cellular Satellite Constellation

Apple plans to help Globalstar finance a new cellular satellite constellation, including with a prepayment up to $1.1 billion for future services and a $400 million stock purchase. The new constellation will expand cellular service for Apple users, Globalstar disclosed in a filing with 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 ...

$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 ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results

Apple to invest up to $1.5 bln in Globalstar

Trending now