Yahoo News July 31, 2020
Amazon says it will invest $10 billion for its planned space-based internet delivery system after winning US regulatory approval to deploy more than 3,000 low-orbit satellites.
The US tech giant said on Thursday it is moving forward with its Project Kuiper, one of several systems planned to bring internet to customers without land-based connections.
Project Kuiper aims to deliver satellite-based broadband services in the United States, and eventually around the world, and may offer connectively for wireless carriers and 5G networks.
Amazon offer no timetable for the project but said it would begin deployment of its 3,236 satellites after the Federal Communications Commission approved the project.
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https://news.yahoo.com/amazon-invest-10-bn-space-based-internet-system-143020830.html
