Replying to Avatar Vitor Pamplona

Apple is pre-paying 1.1billion USD to retain 85% of Globalstar's satellite services capacity and buying 20% equity of the company for another $400million.

Globalstar provides the infrastructure for the Emergency SOS via satellite.

Looks like a lot of money for "just SOS" 👀

https://investors.globalstar.com/node/15606/html

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StellarStoic 1y ago

If you consider that monthly subscription to enabling service for SOS satelite dedicated devices, comes from 20 and up to 250 USD, their investment will be covered in no time.

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