Amazon To Deorbit Two Prototype Kuiper Satellites After Successful Broadband Internet Tests
Portfolio Pulse from Benzinga Newsdesk
Amazon announced that it will deorbit two prototype Kuiper satellites after successful broadband internet tests. This marks a significant milestone in Amazon's Project Kuiper, aimed at providing global broadband internet coverage.
May 23, 2024 | 2:43 pm
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Amazon's successful broadband internet tests with its Kuiper satellites and the subsequent deorbiting of the prototypes indicate progress in Project Kuiper, which could enhance future revenue streams.
The successful tests and deorbiting of the Kuiper satellites demonstrate progress in Amazon's ambitious Project Kuiper. This could lead to new revenue streams from global broadband services, positively impacting Amazon's stock price in the short term.
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