Stock Groups

Amazon seeks FCC approval to launch two Project Kuiper satellites by 2022 -Breaking

by Mike Robinson

[ad_1]

© Reuters. FILE PHOTO – The Amazon logo is seen in the Bengaluru office, India on April 20, 2018. REUTERS/Abhishek N. Chinnappa/File Photograph

WASHINGTON, (Reuters) – Amazon.com’s satellite internet Project Kuiper asked Monday for permission from the U.S. Federal Communications Commission to launch and operate prototype satellites before the end 2022.

Amazon, which has pledged $10 billion to build a network of thousands of satellites, said the testing and demonstration launch is “an important step toward Amazon’s goal of delivering high-capacity, low latency broadband communications services to tens of millions of unserved and underserved consumers and businesses.”

Disclaimer Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media does not accept any liability for trade losses or other consequences arising from the use of these data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.



[ad_2]