(TNS) — Amazon is reportedly in talks to buy Covington-based satellite telecommunications company Globalstar, a deal that has the potential to reshape the northshore firm’s role in a space arms race between two of the world’s tech giants.
The Financial Times first reported Wednesday that Seattle-based Amazon is negotiating a purchase of Globalstar for up to $9 billion as it seeks to build a satellite business that will rival Starlink, a network of 10,000 satellites owned by Elon Musk’s company SpaceX.
Amazon is owned by Jeff Bezos, who also has a space company, Blue Origin…