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flag Apple invests $1.1 billion in GlobalStar to enhance satellite services for iPhone users.

flag Apple is investing over $1.1 billion in GlobalStar to enhance satellite infrastructure and acquire a 20% stake for about $400 million. flag This partnership aims to expand messaging features for iPhone users, building on the Emergency SOS via satellite service launched with the iPhone 14. flag Currently offered for free, a subscription model may be introduced after the trial period. flag GlobalStar expects significant revenue growth from this collaboration.

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