• Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

My Company Operates in Five Countries. Here’s Some Important Considerations Before Expanding Internationally

April 1, 2026

How LinkedIn’s Puzzlemaster Is Shaping the Game

April 1, 2026

Why Most Companies Get Innovation Completely Wrong

April 1, 2026
Facebook Twitter Instagram
Trending
  • My Company Operates in Five Countries. Here’s Some Important Considerations Before Expanding Internationally
  • How LinkedIn’s Puzzlemaster Is Shaping the Game
  • Why Most Companies Get Innovation Completely Wrong
  • The Strategy P.F. Chang’s New CMO Is Betting On
  • 7 Ways the Iran Conflict Is Draining Your Wallet
  • 3 Brutally Honest Truths About Stocks, Rates and Real Estate Right Now
  • Exclusive: Conversations With A Burglar Reveal The Best (And Worst) Places To Hide Money At Home
  • Air Canada CEO Steps Down After Backlash Over Crash Response
Wednesday, April 1
Facebook Twitter Instagram
iSafeSpend
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
iSafeSpend
Home » Amazon launches first test satellites for Kuiper internet network
Investing

Amazon launches first test satellites for Kuiper internet network

News RoomBy News RoomOctober 7, 20230 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

© Reuters. FILE PHOTO: The logo of Amazon is seen, November 15, 2022. REUTERS/Pascal Rossignol/File Photo

By Joey Roulette

WASHINGTON (Reuters) -Amazon’s first pair of prototype satellites for its planned Kuiper internet network were launched into space on Friday from Florida, the company’s first step before it deploys thousands more into orbit to beam internet service globally and compete with SpaceX’s Starlink.

A United Launch Alliance Atlas (NYSE:) 5 rocket emblazoned with the Amazon (NASDAQ:) logo lifted off from Cape Canaveral shortly after 2 p.m. Eastern time (1800 GMT), carrying the two Kuiper test satellites, a long-awaited mission Amazon initially had intended to launch using different rockets.

The mission aims to test Amazon’s first pieces of technology in space as the e-commerce and web services giant looks to deploy 3,236 more satellites in the next few years and offer broadband internet globally, a feat Elon Musk’s SpaceX is targeting with its nearly 5,000 Starlink satellites in orbit.

In the days leading up to the launch, Amazon divulged few specifics about the two satellites, which were built at its satellite plant in Redmond, Washington.

The launch live stream hosted by the United Launch Alliance, the Boeing-Lockheed joint venture, ended shortly after the rocket’s liftoff without showing the deployment of the satellites. Amazon later said the two satellites were deployed and its mission operations center had made contact with them.

Amazon has vowed to invest $10 billion into its Kuiper project, which was announced in 2019, the year SpaceX began deploying its first operational Starlink spacecraft.

The U.S. Federal Communications Commission is requiring Amazon to deploy half its planned satellite constellation by 2026.

The market for broadband internet service from low-Earth orbiting satellites is viewed as being worth up to tens of billions of dollars in the next decade.

With Starlink making SpaceX the world’s largest satellite operator, Amazon’s other rivals include Canada’s Telesat, which has not yet launched satellites, and French satellite firm Eutelsat’s OneWeb, which mainly offers its internet service to governments and businesses.

Like SpaceX, Amazon aims to target individual consumers and enterprise customers with Kuiper, pulling from its devices playbook to build consumer terminals at a company cost of $400 each – though it has not yet announced prices. SpaceX’s consumer Starlink terminals are priced at $599 each.

To deploy the rest of the Kuiper network, Amazon last year announced a bulk launch deal for 83 launches – the largest commercial rocket procurement ever – from various rocket companies, including Jeff Bezos’ Blue Origin, ULA and Europe’s Arianespace.

Amazon and Bezos, its founder, are facing a shareholder lawsuit over that launch deal that accuses the company of failing to do proper due diligence and failing to consider potentially cheaper rockets from its rival SpaceX. SpaceX’s reusable Falcon 9 rocket has been central to Starlink’s swift deployment.

Read the full article here

Featured
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

My Company Operates in Five Countries. Here’s Some Important Considerations Before Expanding Internationally

Make Money April 1, 2026

How LinkedIn’s Puzzlemaster Is Shaping the Game

Investing April 1, 2026

Why Most Companies Get Innovation Completely Wrong

Make Money April 1, 2026

The Strategy P.F. Chang’s New CMO Is Betting On

Make Money April 1, 2026

7 Ways the Iran Conflict Is Draining Your Wallet

Burrow March 31, 2026

3 Brutally Honest Truths About Stocks, Rates and Real Estate Right Now

Make Money March 31, 2026
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

How LinkedIn’s Puzzlemaster Is Shaping the Game

April 1, 20260 Views

Why Most Companies Get Innovation Completely Wrong

April 1, 20260 Views

The Strategy P.F. Chang’s New CMO Is Betting On

April 1, 20260 Views

7 Ways the Iran Conflict Is Draining Your Wallet

March 31, 20260 Views
Don't Miss

3 Brutally Honest Truths About Stocks, Rates and Real Estate Right Now

By News RoomMarch 31, 2026

Johnson / Money Talks NewsLike many investors, I have a lot of my retirement fund…

Exclusive: Conversations With A Burglar Reveal The Best (And Worst) Places To Hide Money At Home

March 31, 2026

Air Canada CEO Steps Down After Backlash Over Crash Response

March 31, 2026

Why Nvidia CEO Jensen Huang Skips One-on-One Meetings

March 31, 2026
About Us

Your number 1 source for the latest finance, making money, saving money and budgeting. follow us now to get the news that matters to you.

We're accepting new partnerships right now.

Email Us: [email protected]

Our Picks

My Company Operates in Five Countries. Here’s Some Important Considerations Before Expanding Internationally

April 1, 2026

How LinkedIn’s Puzzlemaster Is Shaping the Game

April 1, 2026

Why Most Companies Get Innovation Completely Wrong

April 1, 2026
Most Popular

DoorDash Offering Relief Program to its Drivers as Gas Prices Rise

March 25, 20262 Views

Trump’s New Businesses Are Making Billions. Are His Investors Making a Dime?

March 9, 20262 Views

Why a Job Loss Still Feels Like a Dirty Secret, According to Workers

March 9, 20262 Views
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2026 iSafeSpend. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.