Amazon has announced its acquisition of satellite company Globalstar for $11.57 billion in cash, a company recognized for enabling Apple's "Emergency SOS" feature.
Amazon's acquisition of Globalstar for $11.57 billion signals a significant move into satellite communications, likely enhancing its capabilities in satellite internet, a sector already dominated by SpaceX's Starlink. For someone tracking space tech and commercial space, this could indicate Amazon's strategic push to compete directly with existing satellite internet services, potentially reshaping the competitive landscape and opening up new opportunities and challenges in satellite internet and related technologies.