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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 53.04-2.5%9:30 AM EST

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Jon Koplik
To: Geoff Goodfellow who wrote (29834)11/10/2022 9:07:32 AM
From: Geoff Goodfellow1 Recommendation  Read Replies (1) of 29986
 
Emergency SOS via satellite on iPhone 14 and iPhone 14 Pro lineups made possible by $450 million Apple investment in US infrastructure

Satellite network and ground stations power the new service launching later this month

A $450 million investment from Apple’s Advanced Manufacturing Fund provides the critical infrastructure that supports Emergency SOS via satellite for iPhone 14 models. Available to customers in the US and Canada beginning later this month, the new service will allow iPhone 14 and iPhone 14 Pro models to connect directly to a satellite, enabling messaging with emergency services when outside of cellular and Wi-Fi coverage.

A majority of the funding goes to Globalstar, a global satellite service headquartered in Covington, Louisiana, with facilities across the US. Apple’s investment provides critical enhancements to Globalstar’s satellite network and ground stations, ensuring iPhone 14 users are able to connect to emergency services when off the grid. At Globalstar, more than 300 employees support the new service...
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https://www.apple.com/newsroom/2022/11/emergency-sos-via-satellite-made-possible-by-450m-apple-investment/
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