New York, N.Y. — Amazon said Tuesday it will acquire Globalstar in an approximately $11.57 billion deal that adds the satellite operator’s spectrum, infrastructure, and fleet to Amazon Leo’s expansion plans, according to About Amazon, The Next Web, MacRumors, 9to5Mac, Transport Topics, and Quiver Quantitative. Each of the bullet points immediately below have been confirmed by at least four of the six respected sources we curated on this story.
- Amazon agreed to acquire Globalstar for about $11.57 billion, in a deal that would fold the satellite company into Amazon’s broader Leo network push.
- The transaction gives Globalstar shareholders a choice of $90 per share in cash or 0.3210 shares of Amazon stock capped at the same value.
- Amazon said the acquisition will help Amazon Leo add direct-to-device satellite services, extending voice, text, and data connectivity beyond the reach of terrestrial cellular networks.
- Amazon and Apple also struck a separate agreement for Amazon Leo to continue supporting satellite features on compatible iPhone and Apple Watch models, including Emergency SOS, Messages, Find My, and roadside assistance functions.
Additional Details Reported
The companies said the deal is expected to close in 2027, subject to regulatory approvals and satellite deployment milestones. Several outlets also reported that Amazon intends to launch its own direct-to-device system beginning in 2028 as it tries to narrow the gap with SpaceX’s Starlink in satellite communications.
Coverage also highlighted that Apple’s prior stake in Globalstar had complicated earlier takeover talks, but Tuesday’s dual announcement resolved questions about how iPhone satellite safety features would continue operating after the acquisition.
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