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General discussion => Satellite industry news => Topic started by: NewsHound on November 03, 2024, 06:50 PM

Title: Globalstar soars on Apple’s $1.5 billion satellite investment
Post by: NewsHound on November 03, 2024, 06:50 PM
Globalstar soars on Apple’s $1.5 billion satellite investment

Satellite operator Globalstar stock closed up more than 30% Nov. 1 after disclosing Apple’s plans to invest $1.5 billion in a new constellation to improve space-based communications for iPhones.
The post Globalstar soars on Apple’s $1.5 billion satellite investment appeared first on SpaceNews.

Source: Globalstar soars on Apple’s $1.5 billion satellite investment (https://spacenews.com/globalstar-soars-on-apples-1-5-billion-satellite-investment/)