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Globalstar pays SpaceX $64M to launch satellites to power Apple’s SOS service

According to a document publicly disclosed by the U.S. Securities and Exchange Commission, Apple satellite service provider Globalstar recently paid $64 million to Musk’s SpaceX (Currently about 465 million), used to launch satellites during 2023-2025 to further expand the SOS satellite service of Apple’s iPhone series.

When Apple released the iPhone 14 series models last year, it introduced emergency SOS technology, which can emergency contact family members and rescuers via satellite when there is no Wi-Fi and cellular network signal coverage.

The satellite SOS service is provided by Globalstar, which received $252 million in financing from Apple and purchased $327 million worth of satellite equipment from a Canadian company before Apple launched the iPhone 14 series.

Source: Louisiana Business Database

Globalstar has agreed to allocate 85% of its current and future network capacity to Apple’s iPhone, with Globalstar providing and maintaining all personnel, software, satellite systems, etc., and providing connectivity and coverage in compliance with Apple’s requirements.

Apple’s Satellite SOS service is currently available in the United States, Canada, France, Germany, Ireland, United Kingdom, Austria, Belgium, Italy, Luxembourg, Netherlands, Australia, New Zealand and Portugal.

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Stephen Cruise
Stephen Cruisehttps://www.techgoing.com
Stephen Cruise is a senior editor covering latest smartphones, EVs, PC gaming, console, and tech with 11 years of experience.

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