Amazon is joining the race to provide broadband internet access around the globe via thousands of satellites in low Earth orbit, newly uncovered filings show.
The effort, code-named Project Kuiper, follows up on last September’s mysterious reports that Amazon was planning a “big, audacious space project” involving satellites and space-based systems. The Seattle-based company is likely to spend billions of dollars on the project, and could conceivably reap billions of dollars in revenue once the satellites go into commercial service.
It’ll take years to bring the big, audacious project to fruition, however, and Amazon could face fierce competition from SpaceX, OneWeb and other high-profile players.
