Followers

Friday, July 21, 2023

Amazon invests $120 million in internet satellite facility

Amazon said Friday it will invest $120 million to build a satellite construction facility at NASA's Kennedy Space Center, as part of its plans to launch a space internet service to rival SpaceX's Starlink. The company founded by Jeff Bezos says its "Project Kuiper" will provide "fast, affordable broadband to unserved and underserved communities around the world," with a constellation of more than 3,200 satellites in low Earth orbit (LEO).

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/86cfnrZ

No comments:

Post a Comment

Brics 2026: Piyush Goyal hails unanimous adoption of New Delhi Declaration

At the latest summit, BRICS leaders unanimously endorsed the New Delhi Declaration, marking a significant step toward a resilient strategic ...