Search results for Globalstar
Industry
Why SpaceX weight matters when picking 2026’s best space ETFs
Space-focused exchange-traded funds are showing different investment characteristics in 2026, with performance and volatility increasingly shaped by how much SpaceX they include after its listing. Some newer products have taken large positions in SpaceX, making returns more sensitive to a single stock. Major space ETFs differ widely in holdings, concentration and structure, including U.S. funds and UCITS products. Investors are urged to examine portfolio composition, indirect exposure to unlisted firms and liquidity risks.
Telecommunications & Media
Amazon plans to deploy 5,105 satellites, takes aim at SpaceX\'s home turf
Amazon is moving to build a new satellite network that provides services directly to mobile phones. Foreign media reports said Amazon applied to the U.S. Federal Communications Commission for permission to operate 5,105 satellites and plans to begin launches from 2028. The filing follows Amazon\'s acquisition of Globalstar\'s satellite business unit and outlines plans to use Globalstar spectrum and integrate services with Amazon\'s low-Earth-orbit broadband constellation, Leo. The move sets up broader competition with SpaceX.
Telecommunications & Media
Rocket Lab to buy satellite communications company Iridium for $8 billion, challenge SpaceX
Rocket Lab has agreed to acquire satellite communications company Iridium Communications for $8 billion, the Wall Street Journal reported on June 29. The move aims to secure a satellite network and global spectrum assets to compete with SpaceX. Rocket Lab said it will combine its launch and satellite manufacturing capabilities with Iridium’s service reach and spectrum holdings, and develop next-generation satellites to replace Iridium’s current constellation.
