15:02:00 EDT Tue 28 Jul 2026
Enter Symbol
or Name
USA
CA



Amazon.com CDR (CAD Hedged)
Symbol AMZN
Shares Issued 52,750,000
Close 2026-07-27 C$ 26.48
Market Cap C$ 1,396,820,000
Recent Sedar+ Documents

Globe/wire say Amazon keen for satellite constellation

2026-07-28 08:47 ET - In the News

The Globe and Mail reports in its Tuesday edition that Amazon's Leo on Monday proposed a constellation of up to 5,105 satellites to provide direct-to-device voice and data connectivity, joining a growing race among satellite operators to beam cellular services directly to smart phones. A Reuters dispatch to The Globe says the proposed network would provide voice, messaging, data and emergency services in areas beyond the reach of terrestrial cellular networks, with satellite deployment beginning in 2028. The company has filed an application with the U.S. Federal Communications Commission seeking quick approval for the plan. The service would partner with mobile network operators globally and use the mobile satellite spectrum of Globalstar Inc., which Amazon agreed to acquire earlier this year. Globalstar provides device-to-device connectivity for millions of Apple device users by enabling emergency messaging, location sharing and roadside assistance while out of the reach of terrestrial networks. The move will expand Amazon's satellite ambitions beyond broadband Internet and will intensify competition in the direct-to-device market with the likes of SpaceX, AST SpaceMobile and Lynk Global.

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