Globalstar, publicly owned and headquartered in the US, was founded in 1993 and employs approximately 400 individuals. Its parent company is Amazon. The company specializes in telecoms, operating a proprietary constellation of Low Earth Orbit (LEO) satellites to provide communication solutions in remote areas where terrestrial networks are unavailable or unreliable. Globalstar's business model includes a "Satellite-as-a-Infrastructure" strategy, demonstrated by its multi-year partnership with Apple to power Emergency SOS via satellite for the iPhone and an acquisition agreement by Amazon to expand the Amazon LEO satellite network. Leveraging its spectrum assets (Band n53) and terrestrial radio technology (XCOM RAN), Globalstar provides connectivity for industrial IoT, emergency services, and consumer safety on a global scale.
On May 1, 2026, Amazon finalized an $11.6 billion deal to acquire Globalstar, aiming to accelerate its low Earth orbit (LEO) satellite technology ambitions and position itself as a direct challenger to SpaceX in global connectivity. This acquisition, which saw Amazon purchase the Covington, Louisiana-based satellite firm for $11.6 billion to bolster its LEO network, was reported earlier on April 30, 2026. The development followed a definitive merger agreement entered into by Amazon.com Inc. and Globalstar Inc. on April 29, 2026, for which Skadden advised Globalstar Inc.
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