Apple isn’t taking an equity stake in the company but it is committing to spend money for equipment and the service’s operations.
iPhone 14’s Emergency SOS via satellite feature is coming later this month https://t.co/AMWALKl3jE pic.twitter.com/eGwt9imrTK
— The Verge (@verge) November 10, 2022
Apple will spend $450 million with Globalstar and others to enable emergency satellite texting https://t.co/MtVcmviyxb
— CNBC (@CNBC) November 10, 2022
SOURCE: CNBC