Amazon's Project Kuiper achieved a significant milestone by successfully launching 27 broadband-beaming satellites using an Atlas V rocket. The launch from Cape Canaveral occurred without incident, marking an important step in Amazon's goal to establish a satellite network. Amazon has budgeted $7.4 billion for satellite initiatives through 2028 and secured over 80 launches for its extensive satellite network. Despite the successful launch, the company remains significantly behind competitors like SpaceX's Starlink, which boasts millions of subscribers and substantial revenue.
In public filings, Amazon has budgeted $7.4 billion for satellite launch and related services through 2028; the first successful launch marks a significant step forward.
Space-centric analyst firm Quilty Space estimates Amazon's project will cost between $16.5 and $20 billion, positioning it as a substantial but not dominant player in satellite broadband.
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