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
{
"id": "faf96566941dc639672abab3df48bee9968eb66432debed6088671e2e6b1fb24",
"pubkey": "460c25e682fda7832b52d1f22d3d22b3176d972f60dcdc3212ed8c92ef85065c",
"created_at": 1730484221,
"kind": 1,
"tags": [
[
"r",
"1.1billion"
],
[
"r",
"https://investors.globalstar.com/node/15606/html"
]
],
"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",
"sig": "4fc6177b2b25fd8cc49d06722e0c7e9d0b5b1f23bca4491bfedff6bf9718e26b9d1eb5c11401aa79ca9681c364d90cc5350f4fc2aa859b10fe195a7df9c12b78"
}
