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.
Amazon has today announced it is merging with satellite internet provider Globalstar Inc. to bolster Leo, its Starlink rival. Globalstar isn’t a household name
Amazon on Tuesday agreed to buy satellite company Globalstar, known for powering Apple's "Emergency SOS" feature, for $11.57 billion in cash.
Amazon announces $11.6B merger with Globalstar and satellite deal with Apple.