Menu

Post image 1
Post image 2
1 / 2
0

Amazon Acquires Globalstar: Apple Satellite Services Move To Leo Network

Reading 0:00
15s threshold

Amazon and Globalstar have entered into a definitive merger agreement valued at approximately $11.57 billion. Under the terms of the deal, Amazon will acquire the satellite operator, resolving ongoing speculation regarding the future of Globalstar’s long-standing exclusive partnership with Apple . The acquisition is expected to close in 2027, contingent upon regulatory approval and Globalstar reaching specific satellite deployment milestones. Apple and Amazon Leo Collaboration In a significant secondary agreement, Amazon and Apple have established a partnership to transition Apple’s satellite-based services to Amazon’s “Leo” satellite network. This infrastructure will continue to support critical iPhone and Apple Watch features, such as Emergency SOS, Find My, Roadside Assistance, and Messages via satellite . Amazon has committed to maintaining support for current and upcoming low Earth orbit constellations being developed by MDA Space.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More