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Amazon to acquire Globalstar in $11.57 billion satellite internet deal

Amazon has entered into a definitive agreement to acquire Globalstar in a deal valued at $11.57 billion, marking a significant expansion of its satellite internet strategy as it seeks to compete with SpaceX’s Starlink network. The companies formally signed the agreement on Monday, April 13, 2026, with the transaction publicly announced on Tuesday, April 14, 2026. The acquisition represents a major step in Amazon’s broader push into low Earth orbit connectivity under its Amazon Leo

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14 Apr 2026 10:54 AM 115 views

Amazon to acquire Globalstar in $11.57 billion satellite internet deal

Amazon has entered into a definitive agreement to acquire Globalstar in a deal valued at $11.57 billion, marking a significant expansion of its satellite internet strategy as it seeks to compete with SpaceX’s Starlink network. The companies formally signed the agreement on Monday, April 13, 2026, with the transaction publicly announced on Tuesday, April 14, 2026. The acquisition represents a major step in Amazon’s broader push into low Earth orbit connectivity under its Amazon Leo

Business

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Amazon to acquire Globalstar in $11.57 billion satellite internet deal

Amazon to acquire Globalstar in $11.57 billion satellite internet deal

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Pakistan Ready to Play India in T20 World Cup With Three Key Conditions

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What’s Jagan’s take on Sharmila?

Pakistan Ready to Play India in T20 World Cup With Three Key Conditions

The Role of Artificial Intelligence in Modern Cars

Megha Vemuri Banned From MIT Graduation Over Gaza Speech

Magnus Carlsen and Hans Niemann’s Feud Intensifies Amidst FIDE Controversy

Why Los Angeles Is the Epicenter of US Immigration Protests

Transform Your Living Space with DIY Home Organization and Storage Solutions

Infosys Delays Annual Salary Hike Amid IT Sector Uncertainties

India To Block Ravi Water To Pakistan As Shahpur Kandi Barrage Nears Completion

Putin calls new US sanctions on Cuba unacceptable after Kremlin meeting

#iphonefeatures

Amazon to acquire Globalstar in $11.57 billion satellite internet deal

Amazon to acquire Globalstar in $11.57 billion satellite internet deal

What’s Jagan’s take on Sharmila?

Pakistan Ready to Play India in T20 World Cup With Three Key Conditions

The Role of Artificial Intelligence in Modern Cars

Megha Vemuri Banned From MIT Graduation Over Gaza Speech

Magnus Carlsen and Hans Niemann’s Feud Intensifies Amidst FIDE Controversy

Why Los Angeles Is the Epicenter of US Immigration Protests

Transform Your Living Space with DIY Home Organization and Storage Solutions

Infosys Delays Annual Salary Hike Amid IT Sector Uncertainties

India To Block Ravi Water To Pakistan As Shahpur Kandi Barrage Nears Completion

Putin calls new US sanctions on Cuba unacceptable after Kremlin meeting

Popular Cities