"Amazon's acquisition of Globalstar will provide access to a network of two dozen satellites, enhancing its capabilities in the satellite internet market and positioning it against SpaceX's Starlink, which currently dominates with around 10,000 satellites in orbit."
"Globalstar, which operates about 24 satellites, is known for its services that support Apple's emergency SOS feature. The company is also developing a new network that will expand its satellite count to 54, including backups."
"Amazon is working to deploy approximately 3,200 satellites in low Earth orbit by 2029, with a regulatory deadline requiring about half to be operational by July 2026, as it prepares to launch its satellite internet services."
Amazon plans to acquire Globalstar for $11.57 billion, gaining access to its network of two dozen satellites. This acquisition aims to strengthen Amazon's satellite business and compete with SpaceX's Starlink, which has around 10,000 satellites in orbit. Globalstar, known for its emergency SOS services for Apple devices, operates about 24 satellites and is expanding its network. Amazon intends to deploy approximately 3,200 satellites by 2029, with a significant portion needed by July 2026. The deal is subject to regulatory approvals and satellite deployment milestones.
Read at www.theguardian.com
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