How the Globalstar purchase could turn Amazon’s Leo into a satellite powerhouse

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How the Globalstar purchase could turn Amazon’s Leo into a satellite powerhouse(5 min)(5 min)Amazon is raking in cash at the box office after sending Ryan Gosling to space with “Project Hail Mary.” Its latest space play could make a real-world satellite business into a winner, too.The e-commerce giant said Tuesday that it will acquire Globalstar, a satellite company focused on providing service to areas where coverage is minimal, in a deal set to close next year. It would be one of Amazon’s AMZN biggest acquisitions and could help turn its Amazon Leo division into a satellite-internet powerhouse.About the AuthorWilliam Gavin is a tech reporter for MarketWatch. He is based in New York.A Dow Jones CompanyCopyright © 2026 MarketWatch, Inc. All rights reserved.
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