Amazon’s acquisition of Globalstar was confirmed at $11.57 billion.
Globalstar has 17 HIBLEO-4 Replacement satellites.
Globalstar delivered 9 of its 17 HIBLEO-4 Replacement satellites last month.
Globalstar plans to launch 9 HIBLEO-4 Replacement satellites on Falcon 9 later this month.
Globalstar plans to launch the remaining 8 HIBLEO-4 Replacement satellites later this year.
MDA Space’s Satellite Systems revenue growth in Q1 2026 was driven by increased work on the Telesat Lightspeed and Globalstar next-generation Low Earth Orbit constellation programs.
MDA Space's high-volume satellite production plant is intended to serve Telesat and Globalstar and to appeal to military demand.
MDA Space delivered its first set of Globalstar satellites to Florida for the upcoming launch.
Globalstar holds spectrum and ground infrastructure in more than 120 countries.
Amazon’s agreement to acquire Globalstar is valued at approximately $11.57 billion.
Amazon’s acquisition of Globalstar is expected to close in 2027.
Amazon reached a definitive agreement to acquire Globalstar in April 2026.
The FCC reaffirmed Globalstar and Iridium’s exclusive operating rights in the Big LEO band for Non-Geostationary Orbit mobile satellite services.
The FCC’s ruling gives regulatory certainty to SpaceX’s purchase of EchoStar spectrum including the 2 GHz band and Amazon’s purchase of Globalstar.
Under the merger agreement, Globalstar stockholders will receive either 90 dollars per share in cash or Amazon stock of equivalent value.
Amazon plans to acquire Globalstar in a deal that would expand Amazon Leo and add direct-to-device service to Amazon's low Earth orbit system.
The Amazon-Globalstar transaction is expected to close in 2027, pending regulatory approvals and certain satellite deployment milestones.
Amazon will gain access to Globalstar’s 24-satellite constellation, existing operations, and spectrum.
Amazon's purchase of Globalstar is described in a 154-page filing.
BNP Paribas says Amazon Leo will gain direct-to-device capabilities and access to Globalstar’s existing spectrum and infrastructure.