Amazon gains FCC approval for Kuiper internet satellite constellation and commits $10 billion to the project

Amazon has received approval from the U.S. Federal Communications Commission (FCC) to launch and operate a planned constellation of 3,236 internet satellites. That’s the backbone of Amazon’s Project Kuiper, an initiative to create a satellite-based broadband internet service designed to provide high-speed, low-latency connections to U.S.-based households that currently don’t have great access to a high-speed connection. More

(Source: TechCrunch - Aug 1)