What is the Amazon and Globalstar deal all about?

Amazon is reportedly in advanced talks to buy Globalstar, a satellite telecommunications company, for around $9 billion. The goal is to help Amazon rapidly expand its own satellite internet network by gaining access to Globalstar's existing spectrum assets — the radio frequencies that satellites use to transmit data. If the deal goes through, it would be one of the biggest moves in the growing space-based internet race.

What is low Earth orbit and why does it matter for internet?

Low Earth orbit, or LEO, refers to the region of space roughly 200 to 2,000 kilometres above Earth's surface. Satellites placed in LEO can deliver internet signals with much lower delay than older, higher-orbit satellites — which means faster, more reliable connections for users on the ground. Companies like SpaceX (Starlink), Amazon, and many others are racing to fill this region with their own satellite networks to provide global broadband coverage.

What is wireless spectrum and why is it so valuable?

Wireless spectrum refers to the range of radio frequencies used to transmit data wirelessly — whether through mobile networks, Wi-Fi, or satellites. Spectrum is a limited natural resource, and governments tightly control who is allowed to use it. For satellite internet companies, owning the right spectrum licences is essential to operating legally and efficiently. That's why companies like Globalstar, which already hold spectrum licences, are so attractive to buyers like Amazon.

What does 'market cap' mean?

Market cap, short for market capitalisation, is simply the total value of a company as priced by the stock market. It's calculated by multiplying the current share price by the total number of shares in existence. A higher market cap generally means the company is larger or more established. It's a useful way to compare the size of different companies within the same sector.

What does 'analyst rating' mean?

An analyst rating is a professional opinion from a financial expert about whether a stock is worth buying, holding, or selling. Analysts study a company's finances, strategy, and market position to form a view on how the stock might perform. Ratings are typically expressed as 'Buy', 'Hold', or 'Sell', though different firms use slightly different labels. They're a helpful starting point, but they're not guarantees of future performance.

What is 'potential profit %' and how should I use it?

Potential profit % shows how much a stock could grow in value based on the average target price set by professional analysts. For example, if a stock is priced at £10 and analysts believe it could reach £13, the potential profit would be 30%. It's a useful indicator of where experts think a stock might be headed, but it's important to remember that these are estimates, not certainties. Markets can be unpredictable, and actual returns may differ.

What is a dividend, and do all these stocks pay one?

A dividend is a regular cash payment that some companies make to their shareholders as a share of their profits. Not all companies pay dividends — many in high-growth sectors like satellite technology prefer to reinvest their profits back into the business. The dividend yield shown on each stock card tells you the percentage return you'd receive in dividends based on the current share price. The dividend payment date tells you when that payment is scheduled to be made.

15 handpicked stocks

Satellite Communications Race (What's Next for Orbit)

Amazon is reportedly in advanced negotiations to acquire Globalstar for $9 billion in a bid to accelerate its satellite internet capabilities. This massive investment underscores the intensifying space race as tech giants rush to compete with SpaceX's Starlink.

Jamie Dutta | Financial Market Analyst

Published on April 4

Top Picks from This Group

Here are a few of the assets in this group. Create an account to unlock the full list.

Globalstar Inc.

GSAT

Current price

$77.73

Globalstar is the direct target of Amazon's reported $9 billion acquisition aimed at accelerating its satellite internet capabilities.

AST & Science, LLC

ASTS

Current price

$92.62

AST SpaceMobile is building a cellular broadband network in space, advancing the tech industry's push for satellite-to-mobile communications.

Rocket Lab USA Inc

RKLB

Current price

$67.73

Rocket Lab provides critical launch services and spacecraft components required by tech companies looking to deploy large satellite constellations.

Iridium Communications Inc

IRDM

Current price

$32.86

ViaSat, Inc.

VSAT

Current price

$53.69

TELESAT CORP

TSAT

Current price

$40.11

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Your Basket's Financial Footprint

This basket's total market capitalisation is $111.02B and is anchored by a small number of very large-cap constituents, giving it a top-heavy profile. That concentration tends to reduce volatility relative to small-cap baskets but may limit upside from smaller names.

Key Takeaways for Investors:

Large-cap dominance tends to lower volatility and tracking error, offering generally more stable performance.
Treat this basket as a core, diversified holding rather than a speculative or high-growth satellite position.
Expect steady, long-term appreciation rather than rapid, short-term gains; growth is likely moderate.

Total Market Cap

GSAT: $10.00B
RKLB: $38.57B
IRDM: $3.47B
Other

12 Month Growth Potential

Use the growth calculator to see how much investing in these assets could return over one year, based on aggregated analyst sentiment provided by Refinitive Ltd.

If you invested across these assets:

≈

In 12 months it might be worth:

$1,000.00

+29.56%

≈

About This Group of Stocks

Our Expert Thinking

Amazon's reported $9 billion move to acquire Globalstar is more than a single deal — it's a signal that the race to control space-based internet is well and truly on. Tech giants are pouring capital into low-earth-orbit networks to compete with SpaceX's Starlink, and every satellite operator, launch provider, and ground equipment supplier in the chain stands to benefit. This group was built around that big-picture opportunity.

What You Need to Know

These stocks span the entire satellite communications value chain — from companies that build and launch satellites to those that supply the hardware and spectrum that make it all work. This is a high-growth, high-stakes sector, which means it carries more excitement and more risk than traditional industries. It's a thematic, tactical group designed for investors who want exposure to the future of global connectivity.

Why These Stocks

Every stock in this group was hand-picked by professional analysts to represent a key part of the satellite internet ecosystem. Some are direct players in the Amazon-Globalstar story; others are niche spectrum holders, aerospace manufacturers, or infrastructure startups that could become the next acquisition target. Together, they offer a broad view of where the smart money is watching in the space communications sector.

Group Performance Snapshot

29.56%

Average 12 Month Profit

On average, analysts expect assets in this group to grow 29.56% over the next year.

12 of 14

Stocks Rated Buy by Analysts

12 of 14 assets in this group are rated Buy by professional analysts.

6.2% vs 4%

Group Growth vs Bank interest

This group averaged a 6.2% return last month, beating the typical 4% bank rate.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Why You'll Want to Watch These Stocks

🚀

A $9 Billion Signal You Can't Ignore

When Amazon reportedly puts $9 billion on the table to buy a satellite company, it sends a clear message: the race for space-based internet is one of the biggest investment stories of our time. The companies in this group are right at the centre of it.

🛰️

The Next Acquisition Could Be Any of These

As tech giants scramble to lock down spectrum assets and orbital infrastructure, smaller satellite companies are becoming highly attractive takeover targets. Any one of the stocks in this group could be the next big deal headline.

📡

Experts Are Watching This Sector Closely

Professional analysts have identified this theme as a high-growth, high-stakes opportunity — and every stock here was handpicked for its role in the satellite communications value chain. This is a theme with serious momentum behind it.

Get the full story on this Basket. Read our detailed article on its risks and potential.

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Satellite Communications Race (What's Next for Orbit)

Top Picks from This Group

Your Basket's Financial Footprint

12 Month Growth Potential

About This Group of Stocks

Our Expert Thinking

What You Need to Know

Why These Stocks