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> With Apple supporting them Oh, no. Apple owns them at this point. 20% ownership, and they have 85% of Globalstar's current satellite capacity for themselves.
by kotaKat 2y ago
> With Apple supporting them
Oh, no. Apple owns them at this point. 20% ownership, and they have 85% of Globalstar's current satellite capacity for themselves. GSAT isn't really putting new customers on the constellations and Apple is funding all the replacement hardware.
https://www.theverge.com/2024/11/1/24285347/apple-globalstar-investment-expansion-emergency-sos-satellite https://www.theverge.com/2024/11/1/24285347/apple-globalstar...