Globalstar, Inc.
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Amazon is in talks to acquire Globalstar for $9 billion to boost its satellite internet project, Project Kuiper. Apple, which holds a 20% stake in Globalstar and has exclusive network access, is a key player in the negotiations. Globalstar's revenue grew 9% to $273 million in 2025. The outcome may impact future iPhone features and satellite communication markets.
Amazon will acquire Globalstar, partnering with Apple to use its 'Leo' satellite network for iPhone and Apple Watch features like Emergency SOS and satellite messaging. Apple's 20% stake in Globalstar was a negotiation point. The deal, expected to close in 2027, aims to enhance connectivity and compete with SpaceX's Starlink.
Amazon (AMZN) agreed to acquire Globalstar (GSAT) for a 23% premium, offering $90 per share or 0.3210 AMZN shares. The deal aims to expand Amazon's satellite-to-phone communications. GSAT stock rose over 10% in premarket trading. Amazon also partnered with Apple (AAPL) for satellite connectivity features on iPhones and Apple Watches.
Over the past 7 days, AlphAI's AI scored 3 news stories mentioning GSAT (Globalstar, Inc.). Coverage has skewed bullish: 2 bullish, 0 neutral, and 1 bearish.
Recent GSAT coverage spans mergers & acquisitions, insider activity and technology.
In the last 30 days, GSAT insiders filed 3 SEC Form 4 transactions — no purchases and 3 sales ($12.3M). The most active reporter was Wolff Benjamin G with 2 filings.
Deal would likely lift Globalstar shares and provide a premium to shareholders.
Globalstar will be absorbed into Amazon, likely leading to delisting or re‑branding.
Significant upside from acquisition premium and cash‑share option.
Deal expands Amazon's satellite spectrum holdings, supporting Leo growth.
Insider sell may signal weak confidence, modest downside pressure.
AlphAI scores every news story that mentions GSAT with an AI model for sentiment and relevance, and aggregates insider trades from Globalstar, Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
Amazon is in talks to acquire Globalstar for $9 billion to boost its satellite internet project, Project Kuiper. Apple, which holds a 20% stake in Globalstar and has exclusive network access, is a key player in the negotiations. Globalstar's revenue grew 9% to $273 million in 2025. The outcome may impact future iPhone features and satellite communication markets.
3 min readAmazon will acquire Globalstar, partnering with Apple to use its 'Leo' satellite network for iPhone and Apple Watch features like Emergency SOS and satellite messaging. Apple's 20% stake in Globalstar was a negotiation point. The deal, expected to close in 2027, aims to enhance connectivity and compete with SpaceX's Starlink.
3 min readAmazon (AMZN) agreed to acquire Globalstar (GSAT) for a 23% premium, offering $90 per share or 0.3210 AMZN shares. The deal aims to expand Amazon's satellite-to-phone communications. GSAT stock rose over 10% in premarket trading. Amazon also partnered with Apple (AAPL) for satellite connectivity features on iPhones and Apple Watches.
2 min readBlue Origin, owned by Jeff Bezos, hired 47 engineers from Amazon's Leo satellite project to work on its TeraWave satellite network, which competes with Amazon's Leo and SpaceX's Starlink. TeraWave targets business and government customers, aiming for a 2027 launch. Amazon Leo plans to launch broadband service by year-end and has invested $11.57B in Globalstar. Both companies face regulatory and operational challenges.
3 min readGlobalstar Director Benjamin G. Wolff sold 19,998 shares at an average price of $81.98, totaling $1.64M. Post-sale, he holds 4,116 shares. The sale followed a 1-for-15 reverse stock split, according to an SEC Form 4 filing.
1 min readWolff Benjamin G sold 19,998 shares of Globalstar, Inc. (GSAT) at $81.98 ($1.64M total) on 2026-08-27.
1 min readGlobalstar (GSAT) has launched new satellites, expanding its low Earth orbit constellation to enhance mobile satellite services and data connectivity. This deployment is part of the company's growth strategy, aiming to improve connectivity in areas not covered by traditional networks. Investors are watching for updates on satellite commissioning and commercial service timelines, especially related to the Amazon agreement.
2 min readLynch James F sold 110,000 indirectly-held shares of Globalstar, Inc. (GSAT) at $81.78 ($9.00M total) on 2026-08-26.
1 min readWolff Benjamin G sold 19,998 shares of Globalstar, Inc. (GSAT) at $82.21 ($1.64M total) on 2026-08-21.
1 min readRocket Lab (RKLB) shares rose 1% after confirming the successful orbit deployment of eight satellites for MDA Space under a $143M contract. The satellites, part of a 17-platform agreement, will support Globalstar's IoT services. RKLB stock closed last week at $80.25, ending a two-week winning streak. CEO Peter Beck highlighted the company's vertical integration and full mission lifecycle capabilities.
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