Apple invests $1.1b in satellite services provider Globalstar

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Apple invests $1.1b in satellite services provider Globalstar

November 01, 2024, 07:36 PM

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. In a new development, Apple has committed $1.1 billion in a new deal with Globalstar to expand the latter's satellite infrastructure capacity.

In addition, Apple now owns 20% of Globalstar via an equity deal worth $400 million. These investments are expected to help significantly boost Globalstar’s capacity to handle satellite messaging requests from iPhone users.

Apple’s Emergency SOS via satellite service initially...

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