Apple to expand its satellite services with Globalstar
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. The iPhone maker has agreed to put up to $1.1 billion into the satellite company, deepening its ties with the firm.
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Apple Wants More Satellites and Ground Stations for iPhone Satellite SOSGlobalstar will use fresh Apple money to create, launch, and maintain the new satellite network and build additional ground ...
Globalstar's stock surges after announcing an expanded partnership with Apple worth $1.1 billion for enhanced satellite ...
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