Amazon.com, Inc. Furnishes Details on Globalstar Acquisition and Apple Partnership
Summary
On April 14, 2026, Amazon.com, Inc. and Globalstar, Inc. announced a definitive merger agreement for Amazon to acquire Globalstar (via Ex. 99.1 press release). This acquisition will enable Amazon Leo to add direct-to-device (D2D) services to its low Earth orbit satellite network, extending cellular coverage beyond terrestrial networks. Additionally, Amazon and Apple announced an agreement for Amazon Leo to power satellite services for supported iPhone and Apple Watch models. The transaction is subject to the satisfaction of certain closing conditions, including required regulatory approvals.
Why It Matters
This definitive merger agreement and strategic partnership with Apple, as disclosed in Exhibit 99.1, are highly material. The acquisition of Globalstar significantly expands Amazon Leo's capabilities into direct-to-device services, leveraging Globalstar's satellites, spectrum, and operational expertise. The agreement for Amazon Leo to power satellite services for Apple devices represents a major market entry and could drive substantial growth and competitive advantage in the satellite communications sector.
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Key Quote
“announcing they have entered into a definitive merger agreement for the Company to acquire Globalstar on the terms and subject to the.”
— From Item 7.01
Filing Details
Reported Items
Additional Information
- CIK Number
- 0001018724
- Filing Date
- Tuesday, April 14, 2026
- Filing Time
- 12:00 AM UTC
- Form Type
- 8-K
- Materiality Level
- high
- Sentiment
- positive