# Amazon.com has announced a significant $11.57 billion acquisition of satellite company Globalstar.

*aerospace · news · 2026-04-14 · Devdiscourse*

## Key points

- Amazon has announced the $11.57 billion acquisition of satellite company Globalstar.
- Globalstar shareholders can choose between $90 in cash or 0.3210 Amazon shares per share.
- Amazon aims to deploy about 3,200 satellites in low Earth orbit by 2029 with this acquisition.
- Amazon must have half of its planned satellites operational by July 2026 to meet regulations.

**Companies:** Amazon.com, Globalstar
**Countries:** United States

[Read the full story on Devdiscourse](https://www.devdiscourse.com/article/technology/3873623-amazon-expands-satellite-ventures-with-globalstar-acquisition)

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