That's according to a report from Bloomberg that says the initiative is "a company priority" for Tim Cook.

According to the report, Apple has "a secret team" of engineers specializing in aerospace, satellites, and antenna design working on the project:

Apple's work on communications satellites and next-generation wireless technology means the aim is likely to beam data to a user's device, potentially mitigating the dependence on wireless carriers, or for linking devices together without a traditional network. Apple could also be exploring satellites for more precise location tracking for its devices, enabling improved maps and new features.