Globalstar (GSAT) saw its stock surge over 5% in pre-market trading on Wednesday, driven by news of a partnership with tech giant Apple that could significantly boost the satellite communications company's prospects.
According to reports, Apple plans to incorporate satellite connectivity into its next-generation Apple Watch Ultra, set for release in 2025. This feature will allow users to send text messages via Globalstar's fleet of satellites when they are out of cellular or Wi-Fi range, catering to hikers and outdoor enthusiasts.
The move is part of Apple's efforts to enhance the health and safety capabilities of its devices, leveraging satellite technology to enable communication in remote areas. Globalstar's extensive satellite network will provide the backbone for this functionality, potentially driving increased usage and revenue for the company.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。