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Apple to invest up to $1.5 bln in Globalstar

CNET on MSN · 3d

Apple Will Invest $1.5B in Globalstar to Expand Satellite Services

The tech company is pledging more money for Globalstar's network of satellites, which power Emergency SOS and messaging.

SpaceNews · 1d

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.

Apple to invest up to $1.5 bln in Globalstar for satellite coverage expansion

Apple will invest up to $1.5 billion in Globalstar to fund the expansion of its iPhone communication services, the satellite provider said in a regulatory filing on Friday.

31m

$1.5 billion Apple-Globalstar deal to transform direct to device satellite game

The $1.5 billion Apple-Globalstar deal packs a competitive punch for virtually all corners of the connectivity market ...

19h

Globalstar: Upside Still Not Fully Priced In

Globalstar's share price jumped after the announcement of a significant expansion of its partnership with Apple. Click here ...

1don MSN

Globalstar Stock Is Surging Monday: What's Going On?

Globalstar Inc. (AMEX: GSAT) shares are trading higher Monday after the company on Friday announced an extended services ...

4d

Globalstar price target raised to $5 from $4 at Craig-Hallum

Craig-Hallum analyst George Sutton raised the firm’s price target on Globalstar (GSAT) to $5 from $4 and keeps a Buy rating on the shares ...

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