Summary The Federal Communications Commission has approved Amazon Leo’s $11.57 billion acquisition of Globalstar, expanding Amazon’s satellite network as it pursues global connectivity.
(Reuters) - The Federal Communications Commission (FCC) on Tuesday approved Amazon Leo’s $11.57 billion deal to acquire satellite communications company Globalstar, Reuters reported.
Amazon Leo has launched more than 300 satellites since April 2025 and aims to deploy around 3,200 satellites in low Earth orbit by 2029.
The acquisition will add Globalstar’s approximately two dozen satellites to Amazon’s existing network of more than 200 satellites, expanding its space-based communications infrastructure.
