Market Updates

Amazon Internet Satellites Launch Deal to Catch Up with Starlink

Hossain Akhtar
05 Apr, 2022
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.

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