Stock Market News

Amazon secures 83 rocket launches for its satellite broadband network

2022.04.05 14:47

Amazon secures 83 rocket launches for its satellite broadband network
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.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 96,392.83 1.17%
ethereum
Ethereum (ETH) $ 3,330.74 2.24%
tether
Tether (USDT) $ 1.00 0.04%
solana
Solana (SOL) $ 248.92 2.26%
bnb
BNB (BNB) $ 652.06 0.10%
xrp
XRP (XRP) $ 1.38 5.50%
dogecoin
Dogecoin (DOGE) $ 0.4188 0.65%
usd-coin
USDC (USDC) $ 1.00 0.01%
cardano
Cardano (ADA) $ 0.986545 7.01%
staked-ether
Lido Staked Ether (STETH) $ 3,329.60 2.10%
tron
TRON (TRX) $ 0.205174 3.33%
avalanche-2
Avalanche (AVAX) $ 40.25 3.65%
stellar
Stellar (XLM) $ 0.529306 6.43%
the-open-network
Toncoin (TON) $ 6.06 3.37%
shiba-inu
Shiba Inu (SHIB) $ 0.000025 3.14%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,933.05 2.60%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 96,109.75 1.33%
polkadot
Polkadot (DOT) $ 8.51 0.06%
chainlink
Chainlink (LINK) $ 17.04 2.45%
bitcoin-cash
Bitcoin Cash (BCH) $ 503.32 0.28%
weth
WETH (WETH) $ 3,327.52 2.45%
sui
Sui (SUI) $ 3.36 1.57%
pepe
Pepe (PEPE) $ 0.00002 3.07%
near
NEAR Protocol (NEAR) $ 6.53 6.63%
leo-token
LEO Token (LEO) $ 8.45 2.07%
litecoin
Litecoin (LTC) $ 95.75 2.79%
aptos
Aptos (APT) $ 12.01 5.66%
uniswap
Uniswap (UNI) $ 10.46 3.63%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,505.39 2.24%
hedera-hashgraph
Hedera (HBAR) $ 0.143223 7.59%
usds
USDS (USDS) $ 1.00 0.20%
internet-computer
Internet Computer (ICP) $ 10.95 3.33%
crypto-com-chain
Cronos (CRO) $ 0.187566 5.04%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.543625 4.93%
ethereum-classic
Ethereum Classic (ETC) $ 27.88 6.30%
render-token
Render (RENDER) $ 7.59 1.41%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.01%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.46 4.19%
kaspa
Kaspa (KAS) $ 0.150704 1.57%
bittensor
Bittensor (TAO) $ 505.59 0.98%
bonk
Bonk (BONK) $ 0.000048 1.53%
whitebit
WhiteBIT Coin (WBT) $ 24.24 1.96%
dai
Dai (DAI) $ 1.00 0.00%
vechain
VeChain (VET) $ 0.04268 1.82%
celestia
Celestia (TIA) $ 7.97 12.75%
arbitrum
Arbitrum (ARB) $ 0.827335 3.53%
mantra-dao
MANTRA (OM) $ 3.63 0.29%
filecoin
Filecoin (FIL) $ 5.46 0.28%
cosmos
Cosmos Hub (ATOM) $ 8.33 1.88%
okb
OKB (OKB) $ 53.40 3.67%