Amazon considers acquiring satellite company Globalstar for $9 billion

• The acquisition would be valued at approximately $9 billion, representing a significant investment in satellite infrastructure
• Globalstar is a satellite telecommunications group that operates a constellation of low-Earth orbit satellites
• The deal aligns with Amazon's existing Project Kuiper satellite internet initiative and could strengthen its space-based connectivity capabilities

Summary: Amazon Considers $9 Billion Globalstar Acquisition

Key Development:

Amazon is reportedly in acquisition talks with satellite telecommunications company Globalstar in a deal valued at approximately $9 billion, according to a Financial Times report citing sources familiar with the matter.

Companies Involved:

• Amazon: The e-commerce and technology giant exploring the satellite acquisition
• Globalstar: Satellite telecommunications group serving as the potential acquisition target

Strategic Implications:

This potential acquisition would significantly expand Amazon's satellite and telecommunications capabilities. The move aligns with Amazon's Project Kuiper initiative, which aims to deploy a constellation of low Earth orbit satellites to provide broadband internet services globally. Acquiring Globalstar would provide Amazon with existing satellite infrastructure, spectrum licenses, and operational expertise in satellite communications.

Market Context:

The deal comes amid increasing competition in the satellite internet space, with rivals including SpaceX's Starlink already operational and other tech companies investing heavily in space-based connectivity. Amazon's interest in Globalstar represents a strategic push to accelerate its presence in this growing sector and compete more effectively with established players.

Financial Scale:

At $9 billion, this would represent a significant investment by Amazon in expanding its technological infrastructure beyond traditional e-commerce and cloud computing services.

Status:

The discussions are ongoing, and no final agreement has been announced. The report is dated April 1, 2026, citing unnamed sources, indicating the talks are in preliminary stages.

Note: No additional financial details, timeline, or official statements from either company were provided in the brief article.