PARIS— Mobile satellite hardware and service provider Globalstar Inc. increased revenue by 19% in 2022, with Apple a major contributor, and expects a 39.7% increase in 2023 as its Apple agreement moves forward and its core non-Apple-related satellite IoT business grows.
Globalstar’s reinforced constellation, with 17 satellites to be provided by a team led by Canada’s MDA Corp. and including satellite platform provider Rocket Lab, is mainly being funded by Apple for its direct-to-iPhone messaging service, which debuted . . .
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