Amazon to Acquire Globalstar in $11.6 Billion Satellite Connectivity Push

April 14, 2026

Amazon announced it entered into a definitive agreement to acquire Globalstar for about $11.57 billion (around $90 per share) in a cash-and-stock deal. The acquisition adds Globalstar’s satellite infrastructure, spectrum licenses, and mobile satellite services capabilities to Amazon’s Amazon Leo low Earth orbit network, with Amazon planning to launch direct-to-device services starting in 2028.

Buyers
Amazon.com, Inc., Apple Inc.
Targets
Globalstar, Inc.
Location
United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Build a buyer list for your deal

Find active buyers from recent acquisition patterns and move straight into outreach.