Amazon secures 83 rocket launches for its satellite broadband network
2022.04.05 14:47
FILE PHOTO: The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, February 20, 2017. REUTERS/Pascal Rossignol
(Reuters) – Amazon.com Inc (NASDAQ:AMZN) has secured 83 rocket launches over five years to build out its satellite broadband network, Project Kuiper, the e-commerce giant said on Tuesday, as it looks to take on Elon Musk-owned SpaceX’s Starlink.
The company said it had inked deals with Europe’s Arianespace, Jeff Bezos-founded Blue Origin and United Launch Alliance, a joint venture between Lockheed Martin (NYSE:LMT) and Boeing (NYSE:BA) Co.
Project Kuiper aims to use over 3,000 satellites in low earth orbit to beam broadband internet to customers, including households, businesses and government agencies.