Musk's SpaceX Boosts Satellite Fleet In Low-Earth Orbit While Amazon's Prototype Launch Faces Delay
Portfolio Pulse from Anan Ashraf
SpaceX successfully launched 22 Starlink satellites to low-Earth orbit, increasing its satellite fleet. Meanwhile, Amazon's Project Kuiper, which aims to provide broadband access with 3,236 satellites, faces further delays with its first two prototype satellites now scheduled for mid-2023.
June 05, 2023 | 6:35 am
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Amazon's Project Kuiper faces delays in launching its first two prototype satellites, now scheduled for mid-2023, potentially affecting the timeline for providing broadband access with its 3,236-satellite constellation.
Amazon's Project Kuiper is facing delays in launching its first two prototype satellites, which could impact the timeline for providing broadband access with its 3,236-satellite constellation. This delay may affect Amazon's ability to meet the FCC license requirement to deploy and operate at least half of its constellation by July 2026. As a result, the stock price may face short-term negative pressure.
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