Categories Technology

Amazon to launch hundreds of satellites to offer internet from space

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

Most Popular

MU Earnings: Micron’s Q4 profit declines but beats estimates

Micron Technology Inc. (NASDAQ: MU) Thursday said its fourth-quarter profit declined from last year, hurt by a sharp fall in revenues. Earnings, however, beat the market’s projection. On an adjusted

What are Philip Morris’ (PM) anticipations for the near term?

Shares of Philip Morris International Inc. (NYSE: PM) were down 1% on Thursday. The stock has dropped over 9% year-to-date. Although the tobacco industry has felt the pinch of inflation,

Key highlights from CarMax (KMX) Q2 2023 earnings results

CarMax, Inc. (NYSE:KMX) reported second quarter 2023 earnings results today. Net revenues rose 2% year-over-year to $8.1 billion. Net earnings were $125.9 million, or $0.79 per share, compared to $285.2 million,


  1. Pingback: teak furniture
  2. Pingback: ไฮโล
  3. Pingback: Heavy R
  4. Pingback: Heavy News
  5. Pingback: ff tools hack apk
  6. Pingback: ThopTV APK Pro
  7. Pingback: cheap
  8. Pingback: deliplus
  9. Pingback: carihuela
  10. Pingback: Epaviste gratuit
  11. Pingback: épave automobile
  12. Pingback: Epaviste
  13. Pingback: Epaviste
  14. Pingback: Epaviste
  15. Pingback: enlevement epave
  16. Pingback: Epaviste
  17. Pingback: épave automobile
  18. Pingback: épave automobile
  19. Pingback: คาสิโน
  20. Pingback: sa casino
  21. Pingback: sexy
  22. Pingback: naza
  23. Pingback: Weed Delivery
  24. Pingback: enlevement epave
  25. Pingback: Kindness
  26. Pingback: cereal milk strain
  27. Pingback: white runtz
  28. Pingback: berry pie strain
  29. Pingback: CZ P10C
  30. Pingback: FLINTLOCK PISTOL
  31. Pingback: Glock 43x
  32. Pingback: Weed Strains
  33. Pingback: paradontax
  34. Pingback: Buy This Domain
  35. Pingback: buy 5-meo-dmt usa
  36. Pingback: classic books
  37. Pingback: agent dropship
  38. Pingback: mango juul pods
  39. Pingback: raw gardens carts
  40. Pingback: Buy This Domain
  41. Pingback: slot
  42. Pingback: สล็อต
  43. Pingback: สล็อตpg
  44. Pingback: Best HP Printers
  45. Pingback: karen ball
  46. Pingback: buy weed in dubai
  47. Pingback: tile lowes
  48. Pingback: lowes fiona
  49. Pingback: Wood look tile
  50. Pingback: Buy Cocaine Online
  51. Pingback: aparatos hifu
  52. Pingback: Policy
  53. Pingback: Business news
  54. Pingback: disclaimer
  55. Pingback: sports news
  56. Pingback: Bollywood
  57. Pingback: Business news
  58. Pingback: World news
  59. Pingback: click for source
  60. Pingback: review
  61. Pingback: company website
  62. Pingback: click this
  63. Pingback: why not try here
  64. Pingback: why not try here
  65. Pingback: try these out
  66. Pingback: great site
  67. Pingback: زواج
  68. Pingback: igcse
  69. Pingback: كليات مصر
  70. Pingback: 9mm Ammo
  71. Pingback: Colt 1911 for Sale
  72. Pingback: Guns on Sale
  73. Pingback: Firearms Site
  74. Pingback: 45 ACP Ammo
  75. Pingback: Glock 17 for Sale
  76. Pingback: SpyToStyle
  77. Pingback: SpytoStyle.Com
  78. Pingback: SpyToStyle
  79. Pingback:
  80. Pingback: g88vin
  81. Pingback: bet789
  82. Pingback: minecraft lmhmod
  83. Pingback: so em xui la gi
  84. Pingback: game đánh bài
Add Comment
Viewing Highlight