News

Amazon is expanding its plans for providing satellite connectivity to mobile phones.

The company plans to begin deploying the constellation in 2028, using spectrum from its planned Globalstar acquisition

Amazon is eyeing a major expansion of its satellite array to compete in the direct-to-phone market against the SpaceX-owned Starlink and others. Amazon stock ticked higher Monday. The Seattle-based tech giant has filed an application with the Federal Communications Commission to launch 5,105 low Earth orbit satellites designed to deliver "direct-to-device" connectivity in 2028, according to a company blog post.

Investing.com -- Amazon.com Inc. has asked the US Federal Communications Commission for permission to launch a network of 5,000 satellites designed to provide mobile services directly to cell phones from space. The move intensifies competition with SpaceX in the satellite communications sector.

Amazon Leo (NASDAQ:AMZN) has submitted an application to the U. S.

Globalstar (GSAT) has attracted fresh attention after recent share performance data highlighted sharp long term total returns, alongside a period of mixed shorter term moves, prompting investors to reassess how the satellite operator’s profile fits their portfolios. See our latest analysis for Globalstar. Over the past year Globalstar’s total shareholder return of 217.65% contrasts with softer recent momentum, with the share price up 23.75% year to date but easing slightly over the past...

Investors were worried about the company's new debt, until they realized it was the one thing that could get its satellites off the ground.

IRDM is turning strong free cash flow into growth, funding IoT, PNT, aviation and government expansion while boosting dividends and cutting leverage.

IRDM targets the emerging Assured PNT market with its new ASIC, gaining adoption across 150+ organizations and opening recurring revenue opportunities.

Satellite broadband provider may be seeing SpaceX hot on its heels.

Amazon's Leo satellite business has signed Apple, Delta, and JetBlue. AMZN stock is getting almost no credit for it.

ASTS is advancing direct-to-cell satellites that could strengthen defense and emergency communications where traditional networks fail.

During an interview with CNBC, Beck said that the $8 billion Iridium deal provides Rocket Lab with a great entry point to launch application services in space.

RKLB's planned Iridium acquisition would create a global satellite network, L-band spectrum and subscription revenue, reshaping its space business if approved.

ViaSat stock rocketed higher after the announcement Rocket Lab would buy Iridium. There could be further gains in store.

The $8 billion deal would give Rocket Lab control over a satellite fleet and access to wireless resources it could use to compete with SpaceX.

Iridium launches the 9604 Hybrid IoT Module, blending satellite, LTE-M and GNSS connectivity in a compact design built for remote deployments.

GSAT is advancing its LEO network with the HIBLEO-4 replenishment mission to bolster satellite resilience and support reliable global connectivity.

AST Spacemobile expands telecom partnerships and targets 45 BlueBird satellites in 2026, but rising competition and execution risks could test its path.

AST SpaceMobile didn't stumble on Friday, but that hardly mattered when the biggest name in space decided to go public.

Amazon.com (NasdaqGS:AMZN) plans to acquire Apple’s 20% stake in satellite operator Globalstar as part of an $11.6b satellite communications agreement tied to its Project Leo plans. The company also announced a new multi billion dollar AWS partnership with Pinterest, expanding its cloud reach into a major social media platform. In Europe, Amazon is rolling out a new generation of AI powered warehouse robots aimed at improving fulfillment efficiency and logistics capabilities. Amazon.com,...

Is GSAT a good stock to buy? We came across a bullish thesis on Globalstar, Inc. on The Mispricing Desk’s Substack. In this article, we will summarize the bulls’ thesis on GSAT. Globalstar, Inc.’s share was trading at $81.19 as of June 8th. GSAT’s trailing and forward P/E were 13.15 and 9.22 respectively according to Yahoo Finance. […]

Today, June 12, 2026, investors are weighing a sharp pullback against fresh competition in the public market and a huge addressable market.

Amazon.com, Inc. (NASDAQ:AMZN) is one of the 13 Best Stocks to Invest In According to Billionaire Ken Griffin. eCommerce and cloud computing giant Amazon.com, Inc. (NASDAQ:AMZN)’s shares are up by 11% over the past year and by 6.7% year-to-date. Its cloud computing division, AWS, scored a major win earlier this month when Pinterest announced that […]

ASTS has set June 17, 2026, Falcon 9 launch to deploy BlueBird 8 to 10, scaling its direct-to-smartphone space cellular broadband network.

With 353 hedge fund holders as of Q1 2026, Amazon.com, Inc. (NASDAQ:AMZN) is among the Top 10 Stocks That Members of Congress Own. On May 29, Amazon.com, Inc. (NASDAQ:AMZN) announced that it would acquire Apple’s 20% stake in Globalstar (GSAT) as part of its $11.6 billion acquisition of the satellite communications company. In a regulatory filing, Amazon stated that its planned investments in constellation […]

While Starlink soaks up every space headline, two publicly traded satellite operators have quietly turned niche networks into real businesses. I’ve been tracking these names for years, and the setup in 2026 is the most interesting it has ever been: one is being acquired by Amazon (NASDAQ:AMZN), the other is up triple digits year to ... Not SpaceX: The Forgotten Satellite Stocks Quietly Plugging Into the Future of Space That Are Investible Today

AST SpaceMobile faces macro headwinds, rivals like Starlink, and falling estimates, yet a three-satellite Bluebird launch this month could shift the story.

Why Globalstar stock is drawing investor attention now Globalstar (GSAT) has attracted attention after a period of strong multi year total returns, with the stock up 3,159% over the past year and 3,317% over the past 3 years. See our latest analysis for Globalstar. Even after a very large 1 year total shareholder return of around 3x, recent trading has cooled. The 7 day share price return is down 3.2%, and the 1 day move is down 1.3% from a last close of US$81.6. If Globalstar’s run has you...

Amazon’s seasonal surges contrast with Microsoft’s steady upward trend, as both tech giants navigate new services and shifting profit margins.