Amazon.com Inc Updates From Project Kuiper's Satellite Test Mission; Test Results Ensure Optical Inter-satellite Link Will Be Operational On Our First Production Satellites In 2024
Portfolio Pulse from Benzinga Newsdesk
Amazon.com Inc has announced updates from Project Kuiper's satellite test mission. The test results have confirmed that the optical inter-satellite link will be operational on the first production satellites scheduled for launch in 2024.
December 14, 2023 | 3:00 pm
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Amazon's successful test results for Project Kuiper's satellite mission indicate progress in its space-based internet service, with operational optical inter-satellite links expected in 2024.
The successful test results from Project Kuiper's satellite mission are a significant milestone for Amazon, indicating that the company is on track with its space-based internet service. This progress is likely to be viewed positively by investors, as it demonstrates Amazon's commitment to expanding its services and potentially creating new revenue streams. The news could lead to increased investor confidence and a positive short-term impact on Amazon's stock price.
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