Jack Crivici-Kramer

Amazon's simultaneous deal announcement

with Apple.

Amazon, Apple, they're hooking up like a couple of sophomores in college right now.

Since the iPhone 14 came out in 2022, you've been able to send emergency SOS messages using satellites.

Maybe you got lost camping or your car broke down or you got no service on that bachelorette party after getting in a pedicab to the furthest bar in Cabo because Becca just wanted to dance with somebody.

So even if you don't have service, as long as you've seen that SOS satellite symbol on the top right of your iPhone, you can point it.

up into the sky at one of Global Star's 24 satellites.

Yeah, Jack, remember those skiers stuck in the avalanche near Lake Tahoe in California a couple months ago?

Their iPhones were able to send SOS messages to the authorities thanks to Global Star's satellites.

Now, besties, Jack and I should sprinkle on some context.

This is a very modest service today, this emergency satellite iPhone service.

Only one-way SOS texts.

You can't do voice, you can't do data.

Yeah, Becca's not sending a selfie video of the dancing through the satellite emergency system.

But by 2028, Becca will be able to.

Yeah.

Amazon plans to allow voice data and messaging through their satellite service, not just SOS texts.

So now Amazon is taking over those satellites, that spectrum, and this Apple deal, and it's upgrading all of them.

That service now has a name too, Amazon LEO.

What does that stand for, Jack?