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US agency approves Amazon Leo's $11.5 billion acquisition of Globalstar

Published

27 October 2026

Topic

technology

◆ Sectors

Telecom & Connectivity

◆ Geography

United States

◆ Source

Read at reuters.com →

◆ Verified

Fusion42 · 27 October 2026 · Fusion42 review

The Federal Communications Commission has approved Amazon's $11.57 billion acquisition of Globalstar, adding Globalstar's two dozen satellites to Amazon's existing network of over 200 satellites, as part of its plan to deploy about 3,200 satellites in Earth's low orbit by 2029.

This Wire brief sits within Fusion42's coverage of Telecom & Connectivity, and 2 sources have reported it.

◆ ◆ The Wire takeaway

Amazon is ramping up its satellite network rapidly with Globalstar added to its constellation, creating a bigger platform for satellite-based services that you can target with connectivity solutions or space tech integrations. You need to spot new customer or partnership openings that rely on this expanding low-earth orbit infrastructure.

◆ Coverage

2 sources · 27 Oct 2026

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◆ Topics

Telecom & Connectivityamazon-leoglobalstarfcc-approvalsatellite-networklow-earth-orbit