AmazonIt has an ambitious plan to bring internet into space by using 323 small satellites located in low-Earth orbit. This is Project Kuiper.

In April, the company signed a multibillion-dollar contract — the largest rocket deal in the history of the commercial space industry — for launches of its Kuiper satellites with three different entities: Jeff BezosUnited Launch Alliance, Blue Origin (a joint venture between BoeingAnd Lockheed Martin)Europe’s Arianespace

In many ways it is both a reply and a contest. Elon MuskSpaceX and its Starlink network,” Michael Sheetz, a CNBC reporter on space issues said. Amazon first revealed Project Kuiper in 2019The company has a different name. announcementLast month was a great start to the new year.

SpaceX’s Starlink has approximately 2,000 satellites orbiting the Earth, providing service to around 250,000 subscribers. SpaceX was approved by the Federal Communications Commission for launching a total 12,000 satellites.

Amazon is yet to launch a satellite but could be an important player.

Caleb Henry from Quilty Analytics, senior analyst said that the satellite communication market was valued at just a few tens or billions of dollars. No one within the industry thinks it is a one-system-takes-all environment. There will likely be at least two or more constellations, which would serve not only residential consumers but also any kind of organization that is dependent on the internet.

The International Telecommunication Union reports that 37% have not used the internet in their lifetimes. However, 96% of these people live in the developing world. The International Telecommunication Union, a United Nations organization, also provides this data. AmazonJoins the list of tech titans along FacebookAnd GoogleCompanies that invest in digital infrastructure for their core services have been recognized.

Henry stated that Amazon is the “everything company” and said, “Amazon is well-known for being an all-encompassing company. It’s difficult to be everything without internet.” AWS is Amazon’s fastest growing segment. In support of this, they have built an incredible amount of internet infrastructure, be it data centers or fiber.

Henry explained that Amazon is expanding its data business in space, as well as its consumer business. He said the company “provide goods and electronic and other resources” to all people.

The video below will show you how Amazon’s Project Kuiper satellite Internet service competes with SpaceX Starlink. It also explains why the ecommerce giant has the potential to provide connectivity around the world in the very near future.