Amazon Buys Satellite Group Globalstar for $11 Billion

Date:

A display stand for Amazon’s Project Kuiper (now Amazon Leo), a constellation of low Earth orbit satellites, at the DSEI exhibition at Excel in London on Sept. 10, 2025. Chris Summers/The Epoch TimesAmazon is spending more than $11.5 billion to buy satellite operator Globalstar, its biggest push yet into the space-based internet business as it tries to catch up with SpaceX’s Starlink.Under the deal announced Tuesday, Globalstar’s low Earth orbit (LEO) constellation of 24 satellites will operate alongside Amazon Leo’s broadband network and its planned direct-to-device satellite system. Amazon also inherits Globalstar’s infrastructure and mobile satellite services spectrum licenses.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Servos Warned with $100 Million Fine as Fuel Prices to Spike

A petrol station sign advertises diesel for over three...

Amazon Funds River Clean-Up to Offset Data Centre Water Use in NSW

A technician works at an Amazon Web Services AI...

US Raises Travel Advisory for Spanish Area Amid Illegal Immigrant Influx

The U.S. Department of State on Saturday increased a...

California to Raise Minimum Wage to $17.40 in 2027

California Gov. Gavin Newsom speaks at a press conference...