Search

Showing top 4 results for "Globalstar acquisition filings"

Filtered by topic: Amazon Clear ✕

People also ask

Why Did Amazon Buy Globalstar?

Amazon started aiming to fill the sky with satellites in earnest in 2023, when it launched its first satellite for Project Kuiper. Amazon is now developing those efforts under the name Project Leo (LEO is an industry acronym for low-Earth-orbit satellites). The goal is to eventually build out a fleet of thousands of satellites that can keep people connected just about anywhere they go, filling the gap between terrestrial cell networks. As Amazon put it in its press release, “The complete Amazon Leo network will include thousands of advanced satellites in low Earth orbit and have enough capacit

Why Amazon Is Buying Globalstar—and What It Means for Your iPhone
When Will These Satellites Get Up There?

Amazon’s Project Leo already has 241 satellites in orbit. More are scheduled to launch later this month and through 2027. As for the Globalstar acquisition, Amazon says the transaction still isn’t closed, though it expects it to go through in 2027, barring any regulatory interference. “We're in the very early stages of the process,” Paul Flaningan, a representative in Amazon’s business and corporate development communications, wrote in an email response to WIRED’s request for comment. “Nothing is changing today; both companies will continue independent operations in the meantime.”

Why Amazon Is Buying Globalstar—and What It Means for Your iPhone