Amazon Internet Satellites Launch Deal to Catch Up with Starlink
- Hossain Akhtar
- U.S.A. New York City
Amazon said it has signed rocket launch deals with three companies to build a network of internet satellites. The deal involves as many as 83 launches and place 3,236 low earth orbit satellites to provide high speed internet service anywhere in the world. Amazon is playing catch up to the Starlink system with about 2,000 satellites in place and 250,000 subscribers.
Annual Returns
| Company | Ticker | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Amazon com Inc | AMZN | 6% | 38% | 68% |
| Tesla Inc | TSLA | -12% | 74% | 48% |
| Boeing Company The | BA | -3% | -32% | 40% |
| Lockheed Martin Corporation | LMT | -1% | 7% | -7% |