Apple has taken a 20% stake in GlobalStar, its partner for satellite connectivity services, in a deal worth $400 million. The investment aims to expand the partnership and improve infrastructure for emergency communication services like Emergency SOS on iPhone 14. As part of the agreement, GlobalStar will receive a prepayment of $1.1 billion from Apple. This move highlights Apple's commitment to providing reliable connectivity options for its users.

Source: https://www.theverge.com/2024/11/1/24285347/apple-globalstar-investment-expansion-emergency-sos-satellite