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General discussion => Satellite industry news => Topic started by: NewsHound on November 04, 2024, 09:55 AM

Title: Globalstar soars on Apple’s $1.7 billion satellite investment
Post by: NewsHound on November 04, 2024, 09:55 AM
Globalstar soars on Apple’s $1.7 billion satellite investment

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.
The post Globalstar soars on Apple’s $1.7 billion satellite investment appeared first on SpaceNews.

Source: Globalstar soars on Apple’s $1.7 billion satellite investment (https://spacenews.com/globalstar-soars-on-apples-1-5-billion-satellite-investment/)