SpaceX, Amazon, OneWeb seek communications dominance in space
June 8 (UPI) -- The developers of new communications satellite constellations -- connecting virtually every part of the Earth -- are engaged in a multibillion-dollar battle to develop dominance in space and the immense revenue that could bring, industry experts say.
Elon Musk's Starlink is part of a new wave of ventures by several companies to cover the globe with faster, better internet by using constellations of satellites that number in the thousands. At stake is the future of communications on Earth and in space.
Competitors include Amazon founder Jeff Bezos' Project Kuiper and startup company OneWeb, which not long ago filed for reorganization under Chapter 11 of U.S. bankruptcy laws.
But the road to profitability is not navigated simply by launching scores of satellites at a single shot. Other factors come into play.
Read more: https://www.upi.com/Science_News/2020/06/10/SpaceX-Amazon-OneWeb-seek-communications-dominance-in-space/5721591647999/