Newsletter

Menu

Amazon to launch hundreds of satellites to offer internet from space

By Staff Correspondent |

While the fate of Google parent Alphabet’s (Nasdaq: GOOG) ambitious broadband balloon project is still hanging in the balance, Amazon (Nasdaq: AMZN) is taking the concept of internet-beaming to the next level.

As usual, the company will be stepping into the new business venture in its own unique way. As part of Project Kuiper, 3,236 small satellites – yes, you heard it right! – will be launched into the space to make internet connectivity available across the globe, covering all the existing black spots.

The idea is to deploy a constellation of satellites in Low Earth Orbit for providing high-speed internet in areas where conventional broadband connectivity is not available. If things go as planned, the mega-project will link thousands of communities that lack internet access across the world.

The idea is to deploy a constellation of satellites for providing high-speed internet in areas where broadband connectivity is not available

Considering the complexities involved in executing such a large-scale project that requires significant capital, it could be several years before Amazon finally starts the service. The company itself has referred to it as a ‘long-term project.’ It needs to be noted that many of the past attempts to set up interconnected broadband hubs in space had met with failure.

Like Alphabet, Amazon’s extensive clout in the internet space, availability of capital and technical prowess give it an advantage when it comes to taking forward the challenging mission.

It’s been a while since Amazon CEO Jeff Bezos set eyes on space, and his pet project Blue Origin has made significant progress in setting up the infrastructure for taking tourists to space. The other major corporates vying for space-based internet services are SpaceX, owned by Tesla (TSLA) chief Elon Musk, and SoftBank’s OneWeb. Both the companies have completed the initial round of tests by launching pilot satellites.

Amazon shares traded lower during Thursday’s regular session. The stock has gained 29% in the past twelve months and  18% since the beginning of 2019.

 

Listen to publicly listed companies’ earnings conference calls along with the edited closed caption text

Advertisement

More on this Company

Booz Allen Hamilton Navigates Federal Spending Headwinds in Q3 Earnings

January 23, 2026
stock earnings conference call transcript

United Natural Foods Inc  (NYSE: UNFI) Q2 2020 Earnings Call Transcript

March 11, 2020
Comcast (CMCSA) reports a rise in Q2 2019 earnings and revenue

Comcast (CMCSA) picks up momentum as Xumo buyout talks spur optimism

December 30, 2019

672 responses to “Amazon to launch hundreds of satellites to offer internet from space”

  6. Heavy News

    […]we prefer to honor quite a few other net sites on the web, even if they aren’t linked to us, by linking to them. Underneath are some webpages really worth checking out[…]

  22. enlèvement voiture

    […]Wonderful story, reckoned we could combine a number of unrelated data, nevertheless definitely really worth taking a look, whoa did a single study about Mid East has got a lot more problerms as well […]

  47. enlevement epave

    […]Wonderful story, reckoned we could combine a number of unrelated information, nonetheless actually really worth taking a search, whoa did one master about Mid East has got additional problerms at the same time […]

  114. sports news

    […]Wonderful story, reckoned we could combine several unrelated data, nevertheless really worth taking a appear, whoa did one discover about Mid East has got far more problerms as well […]

  119. review

    […]we prefer to honor numerous other world-wide-web web-sites around the net, even though they aren’t linked to us, by linking to them. Under are some webpages really worth checking out[…]

  145. bet789

    […]Wonderful story, reckoned we could combine several unrelated data, nevertheless seriously worth taking a look, whoa did a single study about Mid East has got extra problerms as well […]

  197. vnhoi

    […]Wonderful story, reckoned we could combine a couple of unrelated data, nonetheless genuinely really worth taking a appear, whoa did one particular understand about Mid East has got a lot more problerms as well […]

  265. Lifestyle

    […]Wonderful story, reckoned we could combine a number of unrelated information, nonetheless seriously really worth taking a search, whoa did one particular master about Mid East has got a lot more problerms as well […]

  268. nj

    […]we like to honor several other net web pages around the net, even if they aren’t linked to us, by linking to them. Underneath are some webpages worth checking out[…]

  273. onOverseas

    […]Wonderful story, reckoned we could combine a number of unrelated information, nonetheless really really worth taking a look, whoa did one particular learn about Mid East has got more problerms also […]

  277. onOverseas

    […]Wonderful story, reckoned we could combine some unrelated information, nevertheless definitely worth taking a look, whoa did a single master about Mid East has got more problerms at the same time […]

  279. onOverseas

    […]Wonderful story, reckoned we could combine several unrelated data, nevertheless genuinely really worth taking a search, whoa did 1 master about Mid East has got far more problerms as well […]

  280. onOverseas

    […]Wonderful story, reckoned we could combine a few unrelated data, nonetheless genuinely really worth taking a look, whoa did one discover about Mid East has got far more problerms at the same time […]

  363. Click Here

    […]Wonderful story, reckoned we could combine some unrelated information, nonetheless actually really worth taking a appear, whoa did 1 understand about Mid East has got a lot more problerms also […]

  367. Click Here

    […]Wonderful story, reckoned we could combine several unrelated data, nonetheless definitely really worth taking a look, whoa did one particular study about Mid East has got additional problerms as well […]

  377. spaceros

    […]Wonderful story, reckoned we could combine several unrelated data, nevertheless genuinely worth taking a appear, whoa did a single learn about Mid East has got additional problerms too […]

  446. Click Here

    […]we prefer to honor lots of other world-wide-web web-sites around the web, even though they aren’t linked to us, by linking to them. Underneath are some webpages really worth checking out[…]

  473. MBA

    […]Wonderful story, reckoned we could combine a handful of unrelated information, nevertheless really worth taking a search, whoa did a single find out about Mid East has got extra problerms also […]

  491. fue

    […]we prefer to honor several other online web-sites on the net, even if they aren’t linked to us, by linking to them. Below are some webpages worth checking out[…]

  492. top university in egypt

    […]Wonderful story, reckoned we could combine a handful of unrelated data, nonetheless seriously really worth taking a appear, whoa did one particular study about Mid East has got far more problerms as well […]

  504. Fiverr Earn

    […]Wonderful story, reckoned we could combine a handful of unrelated information, nonetheless genuinely really worth taking a look, whoa did one master about Mid East has got far more problerms also […]

  549. FUE

    […]we prefer to honor lots of other online web pages on the internet, even if they aren’t linked to us, by linking to them. Beneath are some webpages really worth checking out[…]

  556. Streamer

    […]Wonderful story, reckoned we could combine some unrelated information, nevertheless truly worth taking a look, whoa did 1 learn about Mid East has got much more problerms also […]

  576. FiverrEarn

    […]Wonderful story, reckoned we could combine a handful of unrelated information, nonetheless seriously worth taking a look, whoa did one particular master about Mid East has got much more problerms too […]

  616. live sex chat

    […]Wonderful story, reckoned we could combine a handful of unrelated information, nevertheless truly really worth taking a search, whoa did a single study about Mid East has got much more problerms also […]

  630. live sex chat

    […]Wonderful story, reckoned we could combine a handful of unrelated data, nonetheless truly really worth taking a appear, whoa did a single master about Mid East has got more problerms also […]

  631. play net

    […]we like to honor numerous other world-wide-web web pages on the net, even if they aren’t linked to us, by linking to them. Below are some webpages really worth checking out[…]

  643. linh hoang

    […]Wonderful story, reckoned we could combine a handful of unrelated information, nonetheless genuinely really worth taking a search, whoa did one particular understand about Mid East has got a lot more problerms at the same time […]

Leave a Reply

Top