Amazon in talks to acquire Globalstar2026-04-02 16:23 by DanielaTags: Amazon, Globalstar
The tech giant is reportedly negotiating to buy satellite telecom group Globalstar in its quest to build a low Earth orbit satellite business to compete with SpaceX's Starlink internet service. Amazon has been pushing ahead with its own satellite-based texting business, dubbed Leo, and launched the first batch of satellites for its internet constellation last year. The company has more than 180 satellites in orbit, and it's aiming to roll out commercial service later this year. However, its deployment is overshadowed by SpaceX, the dominant player, which operates more than 10,000 active satellites. Starlink services more than nine million users globally, and generates 50% to 80% of SpaceX's revenue. Starlink serves individual consumers, businesses, and governments, including U.S. national security agencies, through its Starshield variant. Leo is targeting similar customers. Globalstar has attracted interest from other players as companies look to develop their own constellations of low Earth-orbit satellites. Read more -here-
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