Amazon has announced that it will acquire Globalstar.
Globalstar is a major operator of satellite communication services. By acquiring Globalstar’s existing satellites and infrastructure, Amazon will expand its services. The acquisition price is approximately 11.6 billion US dollars, and the company will be acquired through a stock swap or cash. Amazon has reached an agreement with shareholders who hold about 58% of the voting rights, and the acquisition is expected to be completed by 2027.
Amazon will add a direct device-to-device (D2D) connection service to its low Earth orbit satellite communication service, “Amazon Leo.” Starting in 2028, Amazon Leo will deploy its own next-generation D2D satellite system. Across the entire network, it will operate several thousand low Earth orbit satellites and support hundreds of millions of users.
Amazon and Apple have signed a service provision agreement for satellite services for iPhone and Apple Watch. Apple and Globalstar had previously partnered on satellite services such as sending text messages to emergency services, requesting roadside assistance, and sharing location information.
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