Amazon Acquires Globalstar for $11.6B

In its largest acquisition since Whole Foods, Amazon is paying $11.57 billion to bolster its Project Kuiper satellite internet business.

The move allows Jeff Bezos's firm to integrate Globalstar's low-Earth orbit network and spectrum licenses into its own upcoming constellation.

Crucially, the deal includes a direct-to-device partnership with Apple, enabling satellite features on iPhones and Watches.

Industry experts view this as a strategic offensive to secure a dominant position in the rapidly expanding space-based connectivity market.