Amazon is nearing a deal to acquire satellite operator Globalstar, expanding its satellite internet capabilities to compete with Elon Musk's Starlink.
Amazon.com Inc. is in advanced negotiations to purchase Globalstar Inc., according to sources familiar with the discussions. The acquisition would accelerate Amazon's satellite internet ambitions and establish a direct competitor to Starlink's growing network.
Globalstar operates a constellation of low-earth orbit satellites currently used for mobile communications and data services. The company has maintained its satellite network since its founding in 1994, though it has faced financial challenges and periods of restructuring.
Amazon has been developing Project Kuiper, an initiative to launch thousands of satellites for global broadband coverage. The Globalstar acquisition would provide immediate orbital infrastructure and spectrum rights, potentially shortening the timeline to operational service.
The deal represents Amazon's strategy to diversify beyond cloud computing and e-commerce into critical infrastructure. Satellite internet access addresses underserved markets with limited terrestrial broadband options, particularly in rural regions.
SpaceX's Starlink has rapidly scaled its satellite network to over 4,000 operational satellites, generating revenue from consumer subscriptions and enterprise contracts. Amazon's entry into the market escalates competition for satellite-based internet dominance.
The terms of Amazon's potential Globalstar deal have not been disclosed. Regulatory approval would likely be required given the deal's implications for U.S. spectrum and national infrastructure.
Globalstar's stock has historically traded at modest valuations compared to other space technology companies. The acquisition would validate the long-term commercial potential of satellite internet services.
Other tech companies including Apple and Google have explored satellite connectivity partnerships, though neither has pursued ownership of satellite operators at this scale. Amazon's potential move signals confidence in the market's viability and demand for alternative broadband infrastructure.
Samsung is bundling Amazon Music as pre-installed software on Galaxy devices, making it difficult for users to remove. The move marks an expansion of pre-loaded apps on Samsung's Android phones.
Amazon is phasing out its grocery delivery service in Singapore and eliminating a small number of local roles. The company will discontinue Amazon Fresh and related fulfillment operations in the city-state.
New York's moratorium on new data centers has AI advocates concerned that other states will follow suit, potentially creating a wave of tech infrastructure restrictions ahead of the midterm elections.
Dave Brown, senior vice president of compute, AI, and platform at Amazon Web Services, is leaving the company after nearly two decades. Brown, a member of AWS's S-team advising CEO Andy Jassy, departs for an unspecified new role.