Amazon signs up SpaceX's Falcon 9 launches for Kuiper satellites
- by telecom.economictimes.indiatimes
- Dec 02, 2023
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Updated On Dec 2, 2023 at 08:42 AM IST
Read by: SpaceX's Starlink also aims to offer broadband internet globally with its constellation of 5,000 satellites.
"The most obvious point is the recognition that SpaceX is by far the leader in terms of transporting hardware into space," said Brian Mulberry, client portfolio manager at Zacks Investment Management, which owns a stake in Amazon.
"There's obviously Blue Origin and some other competitors.... they just have not been able to achieve the type of regular success that SpaceX has."
The Falcon 9 launches are targeted to lift off beginning mid-2025, Amazon said, adding that it was aiming to start satellite manufacturing in the first half of 2024.
"We expect to have enough satellites deployed to begin early customer pilots in the second half of 2024," the company said.
(Reporting by Harshita Mary Varghese and Arsheeya Bajwa in Bengaluru; Editing by Arun Koyyur)
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