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Trusted by
Acquiring Company
Amazon.com
Acquired Company
Globalstar
SeattleCovingtonInformation TechnologyE Commerceinformation technology & servicesInformation TechnologyHardwareSoftwareAnalyticsSatellite CommunicationWirelessDescription
Amazon.com announced its acquisition of Globalstar for $11.5 billion to bolster its satellite internet capabilities. This move aims to enhance its Project Kuiper satellite initiative, which seeks to compete with established players like Starlink. The acquisition is expected to support Amazon's goals of deploying its satellite network effectively. Despite regulatory challenges, Amazon remains committed to expanding its presence in the satellite communications market.
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Frequently asked
Who acquired Globalstar?
Globalstar was acquired by Amazon.com, based in Seattle. The deal was reported on September 27, 2026. Amazon.com is a multinational technology company focusing on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is one of the largest internet companies in the world. Amazon.com is publicly traded (AMZN) and operates in Information Technology.
When did Amazon.com acquire Globalstar?
Amazon.com's acquisition of Globalstar was reported on September 27, 2026. Amazon.com announced its acquisition of Globalstar for $11.5 billion to bolster its satellite internet capabilities. This move aims to enhance its Project Kuiper satellite initiative, which seeks to compete with established players like Starlink. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Globalstar do?
Globalstar empowers its customers to connect, transmit and communicate in smarter ways – easily, quickly, securely and affordably – offering reliable satellite and terrestrial connectivity services as an international telecom infrastructure provider. It is publicly traded (GSAT), operating in Information Technology, and is based in Covington.
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