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.

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Apple partnered with Globalstar in 2022 to provide emergency messaging capabilities to iPhone 14 users when they are outside of traditional cellular or Wi-Fi range. The ...

Globalstar Inc. (AMEX: GSAT) shares are trading higher Monday after the company on Friday announced an extended services agreement with Apple Inc. (NASDAQ: AAPL), which includes plans to build and ...

In news that is likely to be relevant to developing world markets where coverage of remote areas remains a problem, iPhone maker Apple has announced that it will invest up to US$1.5 billion in ...

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周一，BMO Capital Markets将MDA Space Ltd (TSX:MDA) (OTC:MDALF)的股票评级从"市场表现"上调至"优于大市"。该公司还大幅提高了MDA的目标价，从此前的28.00加元上调至28.00加元。这一决定是在苹果承诺向Globalstar投资15亿美元用于开发新卫星星座的消息之后做出的。

据可靠消息，苹果已预先向全球星支付了11亿美元的基础设施费用，这笔资金将专门用于全球星扩展其移动卫星服务网络。其中2.32亿美元将用于偿还该卫星公司的当前债务。

Under the new terms, Apple will prepay up to $1.1 billion to fund network development, including satellite construction and launch costs. Apple will also invest $400 million to acquire a 20% passive ...

Globalstar is the satellite operator supplying emergency SOS and Text messages for Apple’s iPhones. Apple says it wants to ...

Apple has announced plans to invest approximately $1.5bn in satellite communications company Globalstar to expand iPhone ...

Craig-Hallum raised the firm’s price target on Globalstar (GSAT) to $5 from $4 and keeps a Buy rating on the shares. The next evolution of Globalstar’s partnership with Apple (AAPL) comes with ...