Amazon's $11.6 billion Globalstar deal will not fix rocket launch bottleneck, analysts say

Description

Amazon's $11.6 billion deal to buy Globalstar ​bolsters its space ambitions with satellites and wireless airwaves, but will not fix the crippling shortage of ‌rocket launches needed to build out a network capable of rivaling SpaceX, analysts said. Rocket shortages, manufacturing disruptions and launch setbacks mean Amazon has deployed just 243 of the 3,236 satellites it promised in 2019 to put into low-Earth orbit to beam internet to consumers, businesses ​and governments.

Subject

Space investment.