financetom
Business
financetom
/
Business
/
Amazon Set for Full-Scale Launch of Satellites for Internet Services
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Amazon Set for Full-Scale Launch of Satellites for Internet Services
Apr 2, 2025 10:55 AM

01:31 PM EDT, 04/02/2025 (MT Newswires) -- Amazon.com ( AMZN ) said Wednesday it is due to begin the first full-scale launch of satellites under Project Kuiper.

The company will send 27 Kuiper satellites into low Earth orbit as its begins a full-scale deployment of its satellite internet network, it said.

The launch is scheduled for April 9 on a United Launch Alliance Atlas V rocket from Cape Canaveral Space Force Station, Florida.

Price: 197.22, Change: +5.05, Percent Change: +2.63

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US FAA relocating control of Newark, NJ, airspace to reduce congestion
US FAA relocating control of Newark, NJ, airspace to reduce congestion
Mar 20, 2024
WASHINGTON (Reuters) - The U.S. Federal Aviation Administration said on Wednesday it will relocate control of the Newark, New Jersey, airspace area to Philadelphia to address staffing issues and congested traffic in the New York City area. The announcement comes ahead of what could be a record summer travel season. Airlines this week forecast record travel this spring. The FAA,...
CERAWEEK-Alaska's governor calls on Biden to update mine permit process
CERAWEEK-Alaska's governor calls on Biden to update mine permit process
Mar 20, 2024
HOUSTON, March 20 (Reuters) - Alaska Governor Mike Dunleavy called on President Joe Biden on Wednesday to update and streamline the U.S. mine permitting process in order to boost domestic production of critical minerals and reduce dependence on foreign nations. The push echoes calls from the mining industry for clarity on how permits can be obtained for mines that produce...
KKR to buy majority stake in solar developer Avantus
KKR to buy majority stake in solar developer Avantus
Mar 20, 2024
March 20 (Reuters) - KKR said on Wednesday it would buy a majority stake in Avantus, a U.S. developer of large utility-scale solar and solar-plus-storage projects. The private equity firm, alongside Avantus' existing investor EIG, expects to invest at least $1 billion in the company. The solar developer could see growth in demand on expectations for lower interest rates this...
Reddit prices IPO at top of indicated range to raise $748 million
Reddit prices IPO at top of indicated range to raise $748 million
Mar 20, 2024
March 20 (Reuters) - Social media platform Reddit priced its initial public offering at the top of its targeted range of $31 to $34 per share on Wednesday, raising $748 million and giving the ailing technology IPO market a much-needed boost. Reddit and its existing shareholders sold 22 million shares at $34 a share, giving Reddit a valuation of about...
Copyright 2023-2026 - www.financetom.com All Rights Reserved