The US Federal Communications Commission has approved Amazon Leo's acquisition of Globalstar, a deal valued at $11.5 billion. This move is part of Amazon's strategy to build a satellite network capable of competing with SpaceX's Starlink. Amazon Leo has already deployed approximately 400 satellites since April 2025 and aims to launch several thousand more by 2029.
Through this acquisition, Amazon gains access to Globalstar's satellite fleet and critical spectrum for direct-to-device satellite connectivity. Amazon plans to launch commercial services by the end of 2026. The company has committed over $10 billion to the Leo project. Currently, Starlink remains the market leader with a constellation exceeding 11,000 satellites, while Amazon has filed to deploy up to 5,105 units.
Globalstar currently provides emergency and location services for Apple devices. Amazon has reached an agreement with Apple to maintain these services. In 2024, Apple invested $1.5 billion in Globalstar, securing a 20% equity stake. Apple accounted for approximately 63% of Globalstar's revenue last year. As part of the acquisition, Amazon intends to purchase Apple's stake in the operator.
The integration of Globalstar's assets will allow Amazon to offer both fixed and mobile satellite communication services. The existing network, supported by Apple, is set to expand to 54 satellites, including backups, compared to the two dozen currently in use by the operator.
