"If you had any idea that satellite connectivity isn't a key part of Apple's strategy, well, the company's satellite partner Globalstar has disclosed changes to its deal with Apple, including a new influx of $1.1 billion from Apple tied to capital improvements, and $400 million in equity, which gives Apple a 20-percent stake in the company."
"Apple's been offering satellite connectivity since the introduction of the iPhone 14 line in 2022, which debuted with the Emergency SOS via Satellite feature."
Apple sinks $1.1 billion into Globalstar's satellite network, takes ownership stake
