
Technology
Amazon Buys Globalstar for $11.57B, Takes Over iPhone Satellite
Amazon is absorbing the satellite network behind Apple's Emergency SOS, and the deal may be more about blocking Elon Musk than wiring up the iPhone.
Shaw Beckett·

Amazon is absorbing the satellite network behind Apple's Emergency SOS, and the deal may be more about blocking Elon Musk than wiring up the iPhone.

The Austin startup closed a massive Series C to scale satellite communications for defense and commercial customers. Toyota and Airbus are among the backers.