Amazon's Leo will be "six times better on the uplink performance than existing alternatives," CEO Andy Jassy said.

Amazon CEO Andy Jassy says the company’s long-awaited Leo satellite internet service is finally set to launch in mid-2026, with enterprise and government customers already signed on.

A United Launch Alliance Atlas V rocket launched 29 more of Amazon's internet satellites to orbit on Monday night (April 27).

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 ...

Amazon said it would acquire Globalstar, giving its nascent satellite internet business a boost as it vies to compete with Elon Musk's SpaceX.

Amazon.com Inc. has inked a $11.6 billion deal to acquire Globalstar Inc., a publicly traded operator of internet satellites. The companies announced the transaction today. It values Globalstar at $90 ...

Amazon could be looking to make a big move to grow its budding satellite internet service. One of the complicating factors to clear a deal could include negotiations with Apple (AAPL), which bought a ...

Amazon loves to fly, and it shows.