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Apple is becoming a satellite communications company, taking a 20% stake in its existing satellite services provider, Globalstar, as part of a much-expanded deal with the latter.
Globalstar followed up this news by saying it was allocating 85 percent of its current and future network capacity to Apple, as well as prioritizing iPhone SOS activity.
Apple has announced plans to invest approximately $1.5bn in satellite communications company Globalstar to expand iPhone satellite services.
Despite an ongoing regulatory dispute, American satellite communications company Globalstar has partnered with SpaceX to launch satellites for Apple's Emergency SOS iPhone feature.
Apple is prepaying satellite provider Globalstar $1.1 billion to expand service for its iPhone Emergency SOS feature.
Globalstar today announced an amended agreement with Apple that will see an expansion of the satellite services that support Apple features like Emergency SOS, Roadside Assistance, Messages, and ...
Globalstar (GSAT) shares surge 64% as Apple (AAPL) expands deal, investing in new satellite services network and infrastructure.
Apple announced its Emergency SOS via satellite feature with the iPhone 14 series back in 2022 using US-based satellite services provider GlobalStar’s infrastructure.
Documents filed by Globalstar with the U.S. Securities and Exchange Commission (SEC) have revealed that Apple will invest up to $1.5 billion (approximately 228 billion yen) in the satellite ...
Apple has committed to investing about $1.5 billion in Globalstar, the company whose network of satellites provide communications services to owners of the latest iPhones.
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