Amazon · Datacenter Dynamics
Amazon has confirmed it will acquire satellite operator Globalstar in a deal worth $11.57 billion
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The agreement will support Amazon's ambitions to build out its Amazon Leo satellite network.
Key facts
- Apple notably has a 20 percent stake in Globalstar, which it purchased in November 2024 in an equity deal worth around $400 million
- Launched in 1991 as a joint venture of Loral Corporation and Qualcomm, Globalstar's first-generation constellation consists of 48 low-Earth orbit (LEO) satellites, with an additional four satellites
- In January, Amazon Leo sought a 24-month extension to its satellite rollout due to launch shortages
- Amazon has confirmed it will acquire satellite operator Globalstar in a deal worth $11.57 billion
Summary
Amazon has confirmed it will acquire satellite operator Globalstar in a deal worth $11.57 billion. According to Amazon, the acquisition includes Globalstar satellites, radio frequency spectrum, and operational expertise. Confirmation of the deal comes a fortnight after reports emerged that Amazon was lining up a bid to acquire Globalstar. As part of the deal, Amazon and Apple have also announced an agreement for Amazon Leo to power satellite services for iPhone and Apple Watch, including Emergency SOS via satellite.