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US agency approves Amazon Leo’s $11.5 billion acquisition of Globalstar

By Thomson Reuters Oct 27, 2026 | 1:29 PM

Oct 27 (Reuters) – The Federal Communications ​Commission said ‌Tuesday it has approved Amazon Leo’s $11.57 ‌billion ​deal ⁠to acquire ⁠Globalstar.

Amazon Leo has launched more than ​300 satellites since ⁠April ⁠2025 and ​aims to ​deploy about 3,200 ‌satellites in Earth’s low orbit ⁠by 2029. Through the deal, ⁠Amazon ‌adds Globalstar’s ⁠two ​dozen ‌satellites to ​its existing ⁠network of more than 200.

(Reporting by David ​Shepardson)