LEO Constellation

Amazon’s Project Kuiper is boosting its satellite internet efforts by acquiring Globalstar for $90 per share. This strategic move leverages Globalstar’s L-band satellite network and infrastructure, accelerating Kuiper’s deployment and strengthening its challenge to SpaceX’s Starlink. The acquisition signifies Amazon’s commitment to providing global broadband, especially to underserved areas, and highlights a maturing satellite internet market.

Amazon is seeking a 24-month extension from the FCC for its Project Kuiper satellite internet deployment, originally due in July 2026. The company cited launch vehicle shortages, manufacturing disruptions, and integration challenges as reasons for the delay. Despite securing numerous launch contracts, partner vehicle development timelines have slipped. Amazon has already launched over 150 satellites and aims for 700 by July, positioning it as a major competitor to Starlink. The company argues an extension is vital for continued rapid deployment and fostering competition.