Midnight MarketsV1.0
⚠ Not financial adviceNot financial advice. Independent research, not investment recommendations. The author and website make no representation as to accuracy or completeness. Do your own due diligence before acting on anything you read here. Read the full disclaimer →
The Pipes — Satellite Communications Services · The Orbital Stack — Space

GSAT

Globalstar, Inc.
loading…
History0 bars

Apple's emergency-messaging satellite partner — being acquired by Amazon for $11.6 billion

What they do

Operates a LEO constellation that powers Apple's Emergency SOS via Satellite (66% of Q1 2026 revenue of $70.1M came from Apple wholesale capacity). On April 14, 2026, Amazon announced a definitive agreement to acquire Globalstar at $90/share cash or 0.3210 AMZN shares , valuing equity at ~$11.6B. Apple publicly endorsed the transaction. 58% of GSAT shareholders had already approved as of announcement.