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Amazon on Tuesday agreed to buy satellite company Globalstar, known for powering Apple's "Emergency SOS" feature, for $11.57 billion in cash.

techcrunch.comAmazon to buy Globalstar for $11.57B in bid to flesh out its satellite biz | TechCrunchAmazon on Tuesday agreed to buy satellite company Globalstar, known for powering Apple's "Emergency SOS" feature, for $11.57 billion in cash.

14/4/26, 2:00 pm6 reposts13 likes

Curmudgeonly

@curmudgeonly.bsky.social

14 Apr

In cash. FFS

24AIGlobal

@24aiglobal.bsky.social

14 Apr

$11.57B for the satellite network behind Apple Emergency SOS. Amazon's quietly building a full connectivity stack (Kuiper + now Globalstar) while everyone watches the cloud and AI wars. the long game here is interesting