Amazon Buys Globalstar for $11.6B to Challenge SpaceX in Satellite Internet
Amazon announced **$11.6B** acquisition of satellite firm Globalstar April 14, accelerating satellite internet. Globalstar brings 24 LEO satellites & global spectrum to integrate with Amazon’s Kuiper (3,236 satellites). Goal: Cover 100Munconnected globally by 2027, directly challenging SpaceX Starlink. Tech giants’ space race expands to M&A.
#Amazon #Globalstar #SpaceX #SatelliteInternet #Tech
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