Apple invests $1.5bn in Globalstar’s satellite tech
Apple will invest up to $1.1bn to fund a new Globalstar constellation and invest $400m in a Globalstar LLC that will own the new constellation, for a 20% equity stake.
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Apple will invest up to $1.1bn to fund a new Globalstar constellation and invest $400m in a Globalstar LLC that will own the new constellation, for a 20% equity stake.
Only around 10% of the Earths surface has access to terrestrial connectivity services, leading to an opportunity for satellite IoT communications.
The FCC approved Globalstar's upgrade of its LEO constellation, rejecting a petition from SpaceX to deny the request.
The move is part of a larger shakeup at Globalstar, a number of XCOM executives will take senior leadership positions.
Globalstar has been investing in its satellite IoT business with Haight and Patel as new hires.
The platform is designed to provide a lower barrier of entry for partners to develop custom applications and solutions.
This appointment comes after Globalstar purchased 17 new satellites from MDA in order to replenish and extend the life of its existing SPOT Low-Earth Orbit (LEO) constellation.
Shortly after the announcement, MDA has signed an agreement with Rocket Lab to build the bus systems for the new Globalstar satellites.
At the end of 2020, Inmarsat had 1.2m satellite IoT subscribers, whereas Iridium and Globalstar had 1.1m and 0.4m subscribers respectively.
Spot Gen4 offers new features compared to its precedents, including more mapping options, improved water resistance and enhanced user interface, among others.
The number of Traksat-provided Globalstar devices being used to support humanitarian efforts has doubled in the last 12 months.
The satellite messenger promises reliable tracking and communication enabled by Globalstars satellite fleet in Lower Earth Orbit (LEO).
The ST100 is the newest addition to the Globalstar commercial IoT embedded solutions product line, joining the STX3 and STINGR satellite transmitters.
The new messenger offers two-way SMS and email messaging as well as GPS tracking and a one-touch S.O.S. button via satellite using a SPOT X app.
In these countries, the company has obtained terrestrial LTE authority over its entire 16.5 MHz of S-band spectrum (2483.5-2500 MHz), most with permissible power limits suitable for both macro and ...
Globalstar Europe Satellite Services and Manx Telecom announced an alliance to develop EMN, a new multiple technology communications system that aims to be the worlds first communications service to switch ...
