Apple lends Globalstar $252 million for satellite-enabled iPhones
Globalstar said Feb. 28 that Apple is lending the company $252 million to help cover upfront costs for replenishing its low Earth orbit constellation.
Emergency SOS via satellite made possible by $450M Apple …
Nov 10, 2022 · Apple’s $450 million investment from its Advanced Manufacturing Fund will go to the development of critical infrastructure supporting Emergency SOS via satellite, including the expansion and enhancement of Globalstar ground stations in Alaska, Florida, Hawaii, Nevada, Puerto Rico, and Texas.
Apple commits $1.5 billion to Globalstar for iPhone satellite services
Nov 1, 2024 · Apple committed about $1.5 billion to satellite communications company Globalstar to fund the expansion of iPhone services, the companies disclosed in a securities filing on …
Globalstar soars on Apple’s $1.7 billion satellite investment
Nov 1, 2024 · TAMPA, Fla. — 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...
Apple Expands Globalstar Relationship to Support Growing …
Nov 1, 2024 · 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,...
Apple ups satellite investment stakes with latest Globalstar deal
Nov 18, 2024 · Apple’s move to raise its ante on extended D2D satellite connectivity services by another $1.5bn will up the stakes for both its OEM competitors and the MNO partner channel, which is searching...
Emergency SOS via satellite on iPhone 14 and iPhone ... - Globalstar…
Nov 10, 2022 · Apple’s investment provides critical enhancements to Globalstar’s satellite network and ground stations, ensuring iPhone 14 users are able to connect to emergency services when off the grid. At Globalstar, more than 300 employees support the new service.
iOS 18.3 includes Starlink satellite connectivity for select iPhone ...
2 days ago · Apple initially partnered with Globalstar to power these satellite connectivity features for iPhone users. Now, Bloomberg reports that Apple has also been “secretly working with SpaceX and T ...
Apple to invest $1.5bn in Globalstar to expand satellite services
Nov 4, 2024 · 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...
Apple to invest up to $1.5 bln in Globalstar for satellite coverage ...
Nov 1, 2024 · Apple will invest up to $1.5 billion in Globalstar to fund the expansion of its iPhone communication services, the satellite provider said in a regulatory filing on Friday.