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Amazon (acquirer) / Globalstar (target)

SpacePublic

Mobile satellite communications and IoT solutions for voice, data, and emergency messaging worldwide

🌐 www.globalstar.comLinkedInX / Twitter📍 LAEst. 1991👥 501-1000 employees
1Rounds
0Articles
General InformationGlobalstar is a publicly-traded mobile satellite communications company founded in 1991, headquartered in Louisiana with 500+ employees, providing global voice, data, and IoT connectivity via LEO satellite constellation.
Funding & FinancialsGlobalstar is a public company (GSAT on NASDAQ); in 2023 Amazon agreed to invest up to $200 million for network capacity access and satellite ground infrastructure expansion as part of a multi-year commercial agreement.
Leadership & TeamCEO is Jay Monroe (appointed 2018), with operational leadership including VP of Network Operations and VP of Engineering managing the satellite constellation and ground network operations.
Recent ActivityAmazon announced in 2023 a strategic partnership investing up to $200 million in Globalstar to integrate satellite connectivity into iPhone 14 and future devices, with service launches beginning in late 2023.

Highlights

Total Raised
1 rounds
Latest Round
$9
Apr 6, 2026
Stage
Public
space-tech
Employees
501-1000
Founded 1991
Headquarters
LA
News Coverage
Talent Signals
SEC Filings

Backers

Amazon Web Services

Funding History

$9
2026
M&A acquisition
SEC Form D   Editorial
Apr 6, 2026
$9 billionM&A acquisition · Editorial

Investors: Amazon Web Services

Amazon in advanced negotiations to acquire satellite operator Globalstar for $9 billion, securing spectrum access and immediate orbital network to bridge FCC deployment deadline gap.

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