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Apple will invest $1,100,000,000 in satellite communications company Globalstar alongside a further $400,000,000 for a 20% equity stake in the business.
After Apple agreed in 2022 to cover most of the costs to replenish Globalstar’s constellation, Globalstar awarded MDA a $327,000,000 contract to build 17 satellites.
Apple and Globalstar already offer emergency SOS services and plan to expand their offering after Globalstar places additional satellites into orbit in 2025.
Apple and Globalstar already offer emergency SOS services and plan to expand their offering after Globalstar places additional satellites into orbit in 2025.
Apple launched a satellite-enabled SOS service using Globalstar’s network for the iPhone 14 in November.
Apple plans to invest $450,000,000 to upgrade Globalstar’s network.
Apple plans to invest $450,000,000 to upgrade Globalstar’s network.
Apple invested $450,000,000 in an SOS via satellite service on 2022-11-10.
Apple partnered with Globalstar on 2022-09-07 to provide satellite messaging services for new iPhones and become Globalstar’s biggest customer.
Apple partnered with Globalstar on 2022-09-07 to provide satellite messaging services for new iPhones and become Globalstar’s biggest customer.