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Amazon secures 83 rocket launches for its satellite broadband network -Breaking

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© Reuters. FILE PHOTO: The emblem of Amazon is seen on the firm logistics heart in Lauwin-Planque, northern France, February 20, 2017. REUTERS/Pascal Rossignol

(Reuters) -Amazon.com Inc has secured 83 rocket launches over 5 years to place collectively a satellite tv for pc constellation, known as Undertaking Kuiper, to beam broadband web, the e-commerce large mentioned on Tuesday, because it seems to be to tackle Elon Musk-owned SpaceX’s Starlink.

The offers had been inked with Europe’s Arianespace, Jeff Bezos-founded Blue Origin and United Launch Alliance (ULA), a three way partnership between Lockheed Martin (NYSE:) and Boeing (NYSE:) Co, Amazon mentioned.

Undertaking Kuiper goals to make use of over 3,000 satellites in low earth orbit to beam high-speed, low-latency web to prospects, together with households, companies and authorities businesses.

Securing launch capability from a number of suppliers reduces dangers related to launch car stand-downs and saves prices that may be handed on to prospects, mentioned Rajeev Badyal, vice chairman of know-how for Undertaking Kuiper.

The contract consists of 18 launches with Arianespace’s Ariane 6 rockets, 12 launches with Blue Origin’s New Glenn and 38 launches with ULA’s Vulcan Centaur rockets.

That collectively will present capability for the corporate to deploy the vast majority of its satellite tv for pc constellation, the corporate mentioned.

Amazon.com (NASDAQ:) additionally mentioned it was designing and growing its low-earth orbit satellites and buyer terminals in-house.

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