Taking on SpaceX, Amazon to invest US$10b in worldwide satellite broadband plan

By comparison, SpaceX has launched over 500 satellites of the roughly 12,000 expected for its Starlink constellation in low Earth orbit and plans to offer broadband service in the United States and Canada by the year's end. The FCC approved SpaceX's request in 2018.

SpaceX President Gwynne Shotwell, who in February floated the idea of spinning Starlink off for an initial public offering in the coming years, has said the Starlink constellation will cost the company roughly US$10 billion. While extremely costly to deploy, satellite technology can provide high-speed internet for people who live in rural or hard-to-serve places where fiber optic cables and cell towers do not reach. The technology could also be a critical backstop when hurricanes or other natural disasters disrupt communication.

The FCC authorization, adopted with a 5-0 vote, requires Amazon to launch half of its satellites no later than mid-2026 and build out the rest of the constellation by mid-2029.It had 110 open positions for its"Project Kuiper" posted on its website Thursday. The satellites will be designed and tested at a new research and development facility opening in Redmond, Washington.For daily updates on weekdays and specially selected content for the weekend.

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