Vitor Pamplona on Nostr: Apple is pre-paying 1.1billion USD to retain 85% of Globalstar's satellite services ...
Apple is pre-paying 1.1billion USD to retain 85% of Globalstar's satellite services capacity and buying 20% equity of the company for another $400million.
Globalstar provides the infrastructure for the Emergency SOS via satellite.
Looks like a lot of money for "just SOS" 👀
https://investors.globalstar.com/node/15606/htmlPublished at
2024-11-01 18:03:41Event JSON
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"content": "Apple is pre-paying 1.1billion USD to retain 85% of Globalstar's satellite services capacity and buying 20% equity of the company for another $400million. \n\nGlobalstar provides the infrastructure for the Emergency SOS via satellite. \n\nLooks like a lot of money for \"just SOS\" 👀\n\nhttps://investors.globalstar.com/node/15606/html",
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