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Originally published by Capital Businessbusiness
April 15, 2026
2d ago
Amazon to spend $11bn on satellite firm in growing Starlink rivalry
Amazon said the Globalstar takeover fits its "long-term vision for space-based connectivity" and that it will deploy a "next generation" satellite system in 2028. Kenya breaking news | Kenya news today |..
✨ Key Highlights
Amazon is investing $11.57 billion to acquire Globalstar, a move that will significantly boost its satellite internet capabilities and intensify rivalry with Starlink.
- Amazon aims to deploy a "next generation" satellite system by 2028.
- Key organizations involved include Amazon, Globalstar, and Starlink (a subsidiary of SpaceX).
- The deal includes Globalstar's infrastructure and allows Amazon to continue offering emergency "SOS" functionality for devices like iPhones.
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