Globalstar
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techAmazon Posts Strong Earnings, Cloud Growth Amid AI Spending Surge
Amazon beats Q1 estimates with $181.5B revenue and $2.78 EPS, fueled by AWS growth. AI capex hits $200B as satellite venture Leo emerges.
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techSpace Investment Hits Record $7.95 Billion in Q1 2026 Fueled by SpaceX IPO Buzz
Global space funding nearly doubled in the first quarter, driven by larger late-stage deals and investor anticipation of SpaceX's public market debut.
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techAmazon Acquires Globalstar for $11.6 Billion, Bolstering Satellite Internet Ambitions
Amazon purchases Globalstar, a key satellite operator, for $11.6 billion to enhance its satellite internet services and direct-to-device offerings.
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techAmazon's Satellite Ambitions Hobbled by Rocket Launch Shortages, Analysts Say
Despite an $11.6 billion deal for Globalstar, Amazon faces significant hurdles in deploying its satellite internet network due to a shortage of rocket launches.
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techAmazon Acquires Globalstar for $11.57 Billion to Challenge Starlink
Amazon buys Globalstar in an $11.57 billion deal, bolstering its satellite internet business to compete directly with Elon Musk's Starlink and expand Direct-to-Device services.
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techAmazon Talks Globalstar Buy for $9B
Amazon negotiates $9B acquisition of Globalstar to compete with SpaceX's Starlink. Shares surge 24%.