Amazon is reportedly looking to acquire satellite connectivity firm Globalstar to accelerate its low-Earth orbit (LEO) efforts.

The FT reports that the pair have held “lengthy” talks, though no deal has yet been confirmed.

Any potential acquisition would likely be complicated by the fact that Apple owns a 20% stake in Globalstar, following a $1.5 billion deal in late 2024.

None of the three parties has confirmed a potential deal is in the works, with a Globalstar spokesperson telling the FT: “As a company policy, Globalstar does not comment on industry speculation or rumors.”

Globalstar traces its roots back to the early 1990s, coming out of a joint venture between Qualcomm and defunct defense firm Loral Corp.

The firm has gone on to operate a host of satellites in low-Earth orbit, which connect to some 24 ground stations, according to the company’s website. It uses mid-band spectrum for optimized coverage capacity, connecting its constellation of around 50 satellites, providing low-latency connections.

Away from reported talk of takeovers, Globalstar has been gearing up to launch its third-generation constellation. Dubbed HIBLEO-XL-1, the offering will feature its next-generation C-3 satellite systems, which will offer high power downlink capabilities.

Globalstar has been riding the wave of interest in satellite connectivity, with its recently disclosed earnings for full year 2025 revealing revenues of $273 million, a 9% increase from 2024.

Amazon, meanwhile, has stepped up its satellite plans of late as it looks to usurp SpaceX’s Starlink leadership.

After renaming Project Kuiper to Amazon Leo, the hyperscaler has sought to add to its already 150 LEO satellites, with plans for several thousand in the coming years.

In late November, Amazon unveiled the final design of its enterprise-grade satellite terminal – Leo Ultra – a full-duplex phased-array antenna, which it claims can support download speeds of up to 1 Gb/s.