Amazon To Invest $10 Billion In Space-Based Internet System

Yesterday, the FCC approved Amazon's plans for its ambitious Kuiper constellation of 3,236 internet-beaming satellites. We have now learned that Amazon will invest $10 billion into the space-based internet delivery system. From a report: The U.S. 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. "We have heard so many stories lately about people who are unable to do their job or complete schoolwork because they don't have reliable internet at home," said Amazon senior vice president Dave Limp. "There are still too many places where broadband access is unreliable or where it doesn't exist at all. Kuiper will change that. Our $10 billion investment will create jobs and infrastructure around the United States that will help us close this gap."

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