- The Federal Communications Commission has cleared Amazon’s (AMZN) plan to launch 4,500 satellites, enlarging its proposed broadband constellation as the company ramps up competition with Elon Musk’s SpaceX (SPACE).
- According to a CNBC report, the FCC said Amazon must launch 50% of the approved satellites by Feb. 10, 2032 and the remaining half by Feb. 10, 2035. The FCC’s approval brings the size of Amazon’s planned constellation of low Earth orbit satellites to roughly 7,700 satellites.
- Amazon has said its goal is to begin providing satellite internet through its service called Leo later this year. The project was announced in 2019.
Amazon Leo