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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).

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US indictment: Did Adani Group flout disclosure norms? Sebi seeks answer

from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Bu...