Globalstar
Amazon Agrees $11.6 Billion Deal to Acquire Globalstar
Amazon agreed to acquire Globalstar for $11.6 billion to expand its satellite connectivity services. The deal includes a parallel agreement with Apple to power satellite services on iPhones and Apple Watch devices.
Shima Zamil ·
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SpaceX Globalstar Deal Edges Closer to $10 Billion Acquisition, Analyst Says
Satellite analyst Tim Farrar says the SpaceX Globalstar deal is nearing a $10 billion close, with SpaceX likely outbidding Amazon to block a rival’s expansion into direct-to-device connectivity.