Form 8-K · Current Report · Filed 2026-04-14
Amazon to Acquire Globalstar and Expand Satellite Network
On April 14, 2026, Amazon.com, Inc. announced its acquisition of Globalstar, Inc., a leading mobile satellite services operator. This acquisition will enable Amazon to expand its satellite network, Amazon Leo, by adding Direct-to-Device (D2D) services, thereby extending cellular coverage to remote areas. Additionally, Amazon has entered into an agreement with Apple to power satellite services for supported iPhone and Apple Watch models, enhancing emergency communication capabilities. The transaction is expected to close in 2027, subject to regulatory approvals and certain conditions.
- Filer
- Amazon.com Inc. AMZN · NASDAQ
- Filed
- Accession
- 0001104659-26-042880
- CIK
- 0001018724
- Signal
- High impactConsumer Cyclical
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
Market reaction
Close before filing
$239.89
Next session
+3.6%
Since filing
+13.2%
Latest close
$271.58
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from AMZN reporting the same item, with the next session's move:
Insider tape
Within 45 days of this filing, AMZN insiders reported 67 Form 4 transactions — net selling of $35.9M.
About Amazon.com Inc.
Amazon.com Inc. is a global leader in e-commerce and cloud computing services. Founded in 1994, the company has redefined retail by offering an extensive selection of products and services through its online marketplace, which serves millions of customers worldwide. Known for customer-centric innovation, Amazon continuously enhances its platform with features such as personalized recommendations, same-day delivery, and convenient payment solutions. Besides its retail arm, Amazon Web Services (AWS) plays a pivotal role in the cloud computing sector, providing scalable and reliable IT infrastructure for startups, enterprises, and government entities. AWS is a key driver of Amazon's profitability and a major player in the technology industry. By diversifying into sectors like artificial intelligence, streaming media through Amazon Prime, and logistics with its delivery network, Amazon maintains a significant impact on multiple industries. Its continuous expansion and strategic acquisitions underpin its leading position in the market and influence on digital commerce and technological advancements globally.
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