Amazon will invest over $10 billion in its satellite internet network after receiving FCC authorization

• The FCC declared on Thursday that Amazon may build its ambitious satellite internet system, which would compete with SpaceX’s Starlink network.
• Amazon’s project, known as Kuiper, would see the company launch 3,236 satellites into low Earth orbit.
• After the FCC announced the authorization, Amazon said that it “will invest more than $10 billion” into Kuiper.
• https://www.cnbc.com/2020/07/30/fcc-authorizes-amazon-to-build-kuiper-satellite-internet-network.html
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