Taking on SpaceX, Amazon to invest $10 billion in satellite broadband plan

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Amazon.com Inc said on Thursday it will invest more than $10 billion to build a network of 3,236 satellites that will provide high-speed broadband internet services to people around the world who lack such access.

) said on Thursday it will invest more than $10 billion to build a network of 3,236 satellites that will provide high-speed broadband internet services to people around the world who lack such access.

The announcement follows the Federal Communications Commission’s approval of the plan, called “Project Kuiper”, for the constellation of low-Earth orbit satellites that will compete with the Starlink network being built out by Elon Musk’s SpaceX. It also comes on the heels of Amazon posting its biggest profit in its 26-year history. [nL3N2F15PH]

The project will also benefit wireless carriers deploying 5G and other wireless service to new regions, Amazon said. SpaceX President Gwynne Shotwell, who in February floated the idea of spinning Starlink off for an IPO in the coming years, has said the Starlink constellation will cost the company roughly $10 billion.

Source: Tech Daily Report (techdailyreport.net)

 

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This is good news for peoples living in a rural areas especially those living in Africa and faces internet disconnection whenever there is anti ruling party movement.

More space junk.

Amazon wants to make money off even the poor people in africa.

Most Americans can’t even afford their TV satellite bills.

The last damn thing we need is a race to see who can put more crap in LEO. 40k satellites isn't enough.. we need 100k? It'll be raining space debris. No bother looking for asteroids or comets. All we'll see is swarms of glinty antennas flying every which way.

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Why is Bezos doing it, for the money? We do not need all this broadband. Now we are polluting outer spaace.

At this rate we will be lucky if we can still see the Sun...

👀😬

So who cleans up the mess when these orbiting pieces of junk start crashing into each other? I think I'll just go buy some Amazon stock.

Ok Amazon.

2027: it was a beautiful summer night. I put down my drink and looked up towards the sky. Even from the city I could still see the glow of Mars. “SHOP PRIME DAY” it was written across the sky just beneath. A message from the president Jeff bezos surely.

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