Apple invests billions in Globalstar for satellite services and improved iPhone connectivity

13 hours ago 3

(Image credit: Shutterstock)

Apple wants to bridge gaps in connectivity with advanced satellite technology
New direct-to-device satellite services how to expand signal to remote areas
Enhanced satellite services redefine iPhone’s global communication reach

Apple is working to enhance satellite-based services for iPhone users, focusing on improving connectivity in areas lacking cellular coverage.

Building on its 2022 collaboration with Globalstar, Apple’s latest investment aims to bolster its position in the growing direct-to-device (D2D) satellite communication market.

Apple has committed $1.5 billion to satellite communications company Globalstar, which includes a $1.1 billion cash investment and a $400 million allocation for a 20% equity stake in the business.

A game-changing partnership in low Earth orbit connectivity

This new deal between Apple and Globalstar represents one of the most substantial consumer OEM investments in low Earth orbit (LEO) satellite technology to date.

Globalstar, which operates 31 satellites, plans to use Apple’s funds to expand its network.

The company has already ordered up to 26 additional satellites to strengthen its LEO constellation, ensuring broader and more reliable coverage. Approximately 85% of Globalstar’s network capacity will remain dedicated to Apple’s services, underscoring the strategic significance of this partnership.

With Globalstar, Apple will further position itself as a leader in the D2D satellite communication market - a field that enables standard smartphones to connect directly with satellites. The announcement has already had a notable market impact, with Globalstar’s stock rising by 31.4%.

Sign up to the TechRadar Pro newsletter to get all the top news, opinion, features and guidance your business needs to succeed!

The deal could have a significant impact on the connectivity ecosystem, as the largest and most important consumer OEM low Earth orbit (LEO) agreement to date.

Via CNBC

Efosa has been writing about technology for over 7 years, initially driven by curiosity but now fueled by a strong passion for the field. He holds both a Master's and a PhD in sciences, which provided him with a solid foundation in analytical thinking. Efosa developed a keen interest in technology policy, specifically exploring the intersection of privacy, security, and politics. His research delves into how technological advancements influence regulatory frameworks and societal norms, particularly concerning data protection and cybersecurity. Upon joining TechRadar Pro, in addition to privacy and technology policy, he is also focused on B2B security products. Efosa can be contacted at this email: [email protected]

Read Entire Article