Amazon Bets $11.5bn on Satellite Expansion to Challenge Starlink
Amazon is ramping up its ambitions in space-based connectivity with a planned $11.57 billion acquisition of Globalstar, as it positions itself to compete more aggressively with Starlink. The deal will strengthen Amazon’s long-running low-earth orbit initiative, known as Project Leo, aimed at delivering internet and mobile services globally through a network of satellites. The company…
