Amazon Acquires Globalstar for $11.6B

Amazon's multi-billion dollar takeover of Globalstar marks its most significant expansion into space technology since the inception of Project Kuiper.

The deal provides Amazon with critical spectrum licenses and an existing network of two dozen satellites, significantly accelerating its timeline for global connectivity.

Notably, the acquisition includes a partnership with Apple, which currently uses Globalstar's infrastructure for its iPhone emergency satellite features.

Analysts suggest this move could reshape the competitive landscape for satellite-based internet, placing Amazon in direct contention with SpaceX's dominant Starlink network.