Science & Tech
Amazon's $11B Globalstar Deal Signals Major Satellite Shift
Amazon is paying more than $11 billion for a small satellite company.
4 articles
Amazon is paying more than $11 billion for a small satellite company.
China cable-cutter demo coincides with more sabotage of subsea Internet cables.
Amazon on Tuesday agreed to buy satellite company Globalstar, known for powering Apple's "Emergency SOS" feature, for $11.57 billion in cash.
Amazon’s satellite-based internet service, Leo, will enter service by mid-2026, so says company CEO Andy Jassy. Writing in his annual letter, Jassy claimed Leo