Amazon Leo satellite internet launches mid-2026 with speeds up to 400 Mbps, promising rural users a Starlink alternative if deployment meets FCC deadlines.

Amazon is turning to satellite internet as another potential growth driver.

Globalstar shareholders will have the option of receiving 0.321 shares of Amazon stock or $90 in cash for each share of Globalstar stock they own. The $90 price represents upside of 31% to the stock's close on April 1, a day before The Financial Times reported deal talks were in progress.

The e-commerce giant is buying Globalstar, a satellite communications company, as it aims to expand its own satellite internet service to compete with Elon Musk’s Starlink.

Andy Jassy tells shareholders that long-awaited rival to Elon Musk’s Starlink is ‘on the verge’ of going live

Amazon said it will begin allowing select businesses to test its internet-from-space service. Earlier this month, Amazon renamed its satellite internet offering from Project Kuiper to Amazon Leo as it works toward a broader commercial rollout. Amazon Leo ...

Like SpaceX’s ( SPAX.PVT) Starlink, Amazon’s Leo service (Leo stands for Low Earth Orbit) relies on a constellation of satellites orbiting the planet to beam internet connectivity to stationary base stations on the ground or, in the case of Delta, to aircraft flying through the sky.

Amazon Leo, the retail giant’s satellite internet service formerly known as Project Kuiper, announced its new antenna for commercial airplanes. The hardware will enable air travelers speeds of up to 1 gigabit per second for downloads and 400 megabits per second for uploads.