As one of the world’s largest B2B companies, Amazon now plans to further extend its array of services. Named as ‘Project Kuiper’, Amazon plans to build a network of more than 3,000 satellites. This represents the latest space ambition from Jeff Bezos. Amazon has previously announced its cloud business will build a network of satellite facilities on Earth and Bezos’ space venture Blue Origin continues to move closer to launching space tourists even further.
A spokesperson from Amazon told CNBC in an emailed statement, “Project Kuiper is an initiative to launch a constellation of low Earth orbit satellites that will provide low-latency, high-speed broadband connectivity to unserved and underserved communities around the world. This is a long-term project that envisions serving tens of millions of people who lack basic access to broadband internet. We look forward to partnering on this initiative with companies that would like to share this common vision with us.”
Kuiper is ideally the name of a belt of objects that include asteroids and dwarf planets. It was named after the late Dutch American astronomer Gerard Kuiper. Along with Jeff Bezos, Boeing and Canadian operator Telesat has also revealed plans for high-speed internet constellations. This brings light to the fact that OneWeb’s satellites cost about $1 million each to manufacture and the start-up plans to launch about 650 over the next two years. The SpaceX Starlink satellites were also one of the many satellites that were proposed. That one weighed something just under 900 pounds each.
Looks like this new idea will go beyond the strategy of business profit and will also provide Amazon its own business, satellite networks with internet speeds comparable to Earth-bound fiber-optic networks that would be very lucrative.