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Emergency SOS via satellite made possible by $450M Apple investment

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November 10, 2022

UPDATE

Emergency SOS via satellite on iPhone 14 and iPhone 14 Pro lineups made possible by $450 million Apple investment in US infrastructure

Satellite network and ground stations power the new service launching later this month

A $450 million investment from Apple’s Advanced Manufacturing Fund provides the critical infrastructure that supports Emergency SOS via satellite for iPhone 14 models. Available to customers in the US and Canada beginning later this month, the new service will allow iPhone 14 and iPhone 14 Pro models to connect directly to a satellite, enabling messaging with emergency services when outside of cellular and Wi-Fi coverage.

A majority of the funding goes to Globalstar, a global satellite service headquartered in Covington, Louisiana, with facilities across the US. Apple’s investment provides critical enhancements to Globalstar’s satellite network and ground stations, ensuring iPhone 14 users are able to connect to emergency services when off the grid. At Globalstar, more than 300 employees support the new service.

“Emergency SOS via satellite is a perfect example of how American ingenuity and technology can save lives,” said Jeff Williams, Apple’s chief operating officer. “We are proud this service is enabled by leading US companies, and that our users can explore off-the-grid areas knowing they are still within reach of emergency services if they are in need.”

Emergency SOS via satellite is just one of the groundbreaking safety capabilities the iPhone 14 lineup provides. Crash Detection can now detect a severe car crash and automatically dial emergency services when a user is unconscious or unable to reach their iPhone.

Delivered in partnership with Globalstar, Apple’s Emergency SOS via satellite service utilizes the spectrum in L and S bands specially designated for mobile satellite services by ITU Radio Regulations. When an iPhone user makes an Emergency SOS via satellite request, the message is received by one of Globalstar’s 24 satellites in low-earth orbit traveling at speeds of approximately 16,000 mph. The satellite then sends the message down to custom ground stations located at key points all over the world.

Once received by a ground station, the message is routed to emergency services that can dispatch help, or a relay center with Apple-trained emergency specialists if the closest emergency services location is not able to receive text messages.

“The launch of Emergency SOS via satellite direct to iPhone is a generational advancement in satellite communications, and we are proud that Globalstar’s satellites and spectrum assets will play a central role in saving lives,” said Jay Monroe, Globalstar’s executive chairman. “With Apple’s infrastructure investment, we’ve grown our teams in California and elsewhere to construct, expand, and upgrade our ground stations, and we look forward to the next chapter in Globalstar’s lifesaving technology.”

The ground stations use new high-power antennas designed and manufactured specifically for Apple by Cobham Satcom in Concord, California. Cobham’s employees engineer and manufacture the high-powered antennas, which will receive signals transmitted by the satellite constellation. Along with communicating via text with emergency services, iPhone users can launch their Find My app and share their location via satellite when there is no cellular and Wi-Fi connection, providing a sense of security when off the typical communications grid.

To increase reliability and coverage, these new antennas were installed in all Globalstar worldwide ground stations, including new ground stations in Nevada and Hawaii, as well as existing facilities in Texas, Alaska, Florida, and Puerto Rico. Several antennas at each ground station communicate with the satellites and relay the information provided by the user so they can get the help they need.

To connect iPhone with the satellite network, users communicate over the mobile satellite services spectrum, which Globalstar has operated in the US for the past 20 years. With upgraded ground stations, and soon an updated satellite constellation, Apple and Globalstar will ensure the spectrum continues to enable emergency services.

In addition to the groundbreaking safety features, the iPhone 14 lineup features advanced camera systems, all-day battery life, and industry-leading durability features. Customers looking to upgrade to the iPhone 14 lineup can save up to $1,000 with trade-in — either online at apple.com or at an Apple Store — when they activate their device with select US carriers.

In 2021, Apple announced an acceleration its US investments, with plans to make new contributions of more than $430 billion over a five-year period.

Press Contacts

Nick Leahy

Apple

nleahy@apple.com

(408) 862-5012

Apple Media Helpline

media.help@apple.com

(408) 974-2042

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S&P/TSX composite down more than 200 points, U.S. stock markets also fall

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TORONTO – Canada’s main stock index was down more than 200 points in late-morning trading, weighed down by losses in the technology, base metal and energy sectors, while U.S. stock markets also fell.

The S&P/TSX composite index was down 239.24 points at 22,749.04.

In New York, the Dow Jones industrial average was down 312.36 points at 40,443.39. The S&P 500 index was down 80.94 points at 5,422.47, while the Nasdaq composite was down 380.17 points at 16,747.49.

The Canadian dollar traded for 73.80 cents US compared with 74.00 cents US on Thursday.

The October crude oil contract was down US$1.07 at US$68.08 per barrel and the October natural gas contract was up less than a penny at US$2.26 per mmBTU.

The December gold contract was down US$2.10 at US$2,541.00 an ounce and the December copper contract was down four cents at US$4.10 a pound.

This report by The Canadian Press was first published Sept. 6, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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S&P/TSX composite up more than 150 points, U.S. stock markets also higher

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TORONTO – Canada’s main stock index was up more than 150 points in late-morning trading, helped by strength in technology, financial and energy stocks, while U.S. stock markets also pushed higher.

The S&P/TSX composite index was up 171.41 points at 23,298.39.

In New York, the Dow Jones industrial average was up 278.37 points at 41,369.79. The S&P 500 index was up 38.17 points at 5,630.35, while the Nasdaq composite was up 177.15 points at 17,733.18.

The Canadian dollar traded for 74.19 cents US compared with 74.23 cents US on Wednesday.

The October crude oil contract was up US$1.75 at US$76.27 per barrel and the October natural gas contract was up less than a penny at US$2.10 per mmBTU.

The December gold contract was up US$18.70 at US$2,556.50 an ounce and the December copper contract was down less than a penny at US$4.22 a pound.

This report by The Canadian Press was first published Aug. 29, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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Investment

Crypto Market Bloodbath Amid Broader Economic Concerns

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The crypto market has recently experienced a significant downturn, mirroring broader risk asset sell-offs. Over the past week, Bitcoin’s price dropped by 24%, reaching $53,000, while Ethereum plummeted nearly a third to $2,340. Major altcoins also suffered, with Cardano down 27.7%, Solana 36.2%, Dogecoin 34.6%, XRP 23.1%, Shiba Inu 30.1%, and BNB 25.7%.

The severe downturn in the crypto market appears to be part of a broader flight to safety, triggered by disappointing economic data. A worse-than-expected unemployment report on Friday marked the beginning of a technical recession, as defined by the Sahm Rule. This rule identifies a recession when the three-month average unemployment rate rises by at least half a percentage point from its lowest point in the past year.

Friday’s figures met this threshold, signaling an abrupt economic downshift. Consequently, investors sought safer assets, leading to declines in major stock indices: the S&P 500 dropped 2%, the Nasdaq 2.5%, and the Dow 1.5%. This trend continued into Monday with further sell-offs overseas.

The crypto market’s rapid decline raises questions about its role as either a speculative asset or a hedge against inflation and recession. Despite hopes that crypto could act as a risk hedge, the recent crash suggests it remains a speculative investment.

Since the downturn, the crypto market has seen its largest three-day sell-off in nearly a year, losing over $500 billion in market value. According to CoinGlass data, this bloodbath wiped out more than $1 billion in leveraged positions within the last 24 hours, including $365 million in Bitcoin and $348 million in Ether.

Khushboo Khullar of Lightning Ventures, speaking to Bloomberg, argued that the crypto sell-off is part of a broader liquidity panic as traders rush to cover margin calls. Khullar views this as a temporary sell-off, presenting a potential buying opportunity.

Josh Gilbert, an eToro market analyst, supports Khullar’s perspective, suggesting that the expected Federal Reserve rate cuts could benefit crypto assets. “Crypto assets have sold off, but many investors will see an opportunity. We see Federal Reserve rate cuts, which are now likely to come sharper than expected, as hugely positive for crypto assets,” Gilbert told Coindesk.

Despite the recent volatility, crypto continues to make strides toward mainstream acceptance. Notably, Morgan Stanley will allow its advisors to offer Bitcoin ETFs starting Wednesday. This follows more than half a year after the introduction of the first Bitcoin ETF. The investment bank will enable over 15,000 of its financial advisors to sell BlackRock’s IBIT and Fidelity’s FBTC. This move is seen as a significant step toward the “mainstreamization” of crypto, given the lengthy regulatory and company processes in major investment banks.

The recent crypto market downturn highlights its volatility and the broader economic concerns affecting all risk assets. While some analysts see the current situation as a temporary sell-off and a buying opportunity, others caution against the speculative nature of crypto. As the market evolves, its role as a mainstream alternative asset continues to grow, marked by increasing institutional acceptance and new investment opportunities.

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