Globalstar, Inc.

I think for Amazon, I imagine that the near-term focus is just getting the broadband business right.

And then they've obviously spent a lot of money acquiring GlobalStar, so the direct-to-sell business has to come next.

I think that they have a lot of those same skill sets.

I mean, they've talked... openly about applying their consumer electronic experience to the user terminals that they're going to make.

Uh, and so I think a lot of attention is gonna be placed on what Amazon has to say.

Uh, you know, they bought Globalstar, they just got approval for a next generation constellation.

Um, and you know, I think there's more to come from Amazon.

Uh, and some of the, the, the things that SpaceX has been doing, uh, you know, Musk is very good at stealing other people's thunder, uh, in terms of their announcements, so it'll be really interesting to see if Amazon's got something to announce on, on, on the D2D front.

Et l'industrie a commencé tranquillement.

Apple a lancé ça avec la fonction Urgence SOS sur iOS 16 avec les satellites de Globalstar.

Oui, mais c'était très encadré hein.

Tu dois pointer le téléphone et c'est un texto super compressé.

There's value there, but it's the soccer field.

Like, we, we have, you know, maybe not in the cities, but in the suburbs, there are plenty of areas that the telcos have effectively given up on trying to provide coverage 'cause of NIMBYism, meaning people, like, just don't want these cell sites, that this satellite coverage cannot just give you this basic text messaging that, that Apple has been doing through the Globalstar constellation, but a true cellphone-type experience.

So, A, that's a positive, and the second differentiation is the fact that these telcos have 60% EBITDA margins.

So there's a lot [laughs] of, of fat there that can be eaten off of that when you're selling other services, you know, in terms of Elon, like selling br- home broadband.

And watch Rocket Lab, ticker RKLB, the small rocket launch company, down only two and a quarter despite reported contract wins, proof the tide is overpowering good news.

The tell, steady connectivity names like Iridium and Globalstar barely moved.

That's not noise.

That's telemetry.

But if the public isn't told what a satellite does or who owns it, it just simply doesn't know.

On June 6, 2022, a Falcon 9 rocket lifted off from Cape Canaveral carrying a communication satellite for the company Globalstar.

But then something weird happened.

The rocket's first stage booster went and landed on the SpaceX autonomous spaceport drone ship rather than returning to its original launch site.

But SpaceX only needs to use the drone ship when the booster doesn't have enough fuel left to navigate back to the launch site, and it only lacks the fuel in the event of a heavy payload or a further destination.

But in this case, the Globalstar satellite was a fairly light 1,500 pounds, and it was only going to low Earth orbit, so the booster shouldn't have used so much fuel.

Next, in the live stream, viewers noticed this, an extra payload adapter, as in what's used to attach satellites to the rocket during launch.

But nothing was on it, and the Globalstar satellite was still there.

I think Apple's getting theirs from someone else.

So Apple runs off Globalstar-

Yeah

... which is now bought out by Amazon.