Apple expands its relationship with Globalstar to support growing satellite services.
Globalstar will deliver improvements to Apple, including a new satellite constellation and expanded ground infrastructure.
In exchange, Apple will make prepayments of up to $1.1 billion and take a passive 20% equity interest in Globalstar.
Apple's satellite services have expanded to include Emergency SOS, Roadside Assistance, Messages, and Find My location updates in areas with no terrestrial Wi-Fi or cellular coverage.