Satellite operator Globalstar stock closed up more than 30% Nov. 1 after disclosing Apple’s plans to inject $1.7 billion for a new constellation to improve space-based communications for iPhones.

Apple committed about $1.5 billion to satellite communications company Globalstar to fund the expansion of iPhone services.

The tech company is pledging more money for Globalstar's network of satellites, which power Emergency SOS and messaging.

Globalstar's share price jumped after the announcement of a significant expansion of its partnership with Apple. Click here ...

Globalstar today announced an amended agreement with Apple that will see an expansion of the satellite services that support ...

Apple will invest up to $1.5 billion in Globalstar to fund the expansion of its iPhone communication services, the satellite ...

The $1.5 billion Apple-Globalstar deal packs a competitive punch for virtually all corners of the connectivity <a target=_bl ...

Globalstar is the satellite operator supplying emergency SOS and Text messages for Apple’s iPhones. Apple says it wants to ...

Globalstar's stock surges after announcing an expanded partnership with Apple worth $1.1 billion for enhanced satellite ...

Apple is becoming a satellite communications company, taking a 20% stake in its existing satellite services provider, ...

Globalstar Inc. (AMEX: GSAT) shares are trading higher Monday after the company on Friday announced an extended services ...

Apple has announced plans to invest approximately $1.5bn in satellite communications company Globalstar to expand iPhone ...