CNBC

Amazon has bold ambitions to take on SpaceX in the satellite internet business

Amazon has a plan to deliver internet from space using 3,236 small satellites in low Earth orbit. It’s called Project Kuiper. In April 2022, the company signed a multibillion-dollar contract — the largest rocket deal in the history of the commercial space industry — for launches of its Kuiper satellites with three different entities: Jeff Bezos’s Blue Origin, United Launch Alliance (a joint venture of Boeing and Lockheed Martin) and Europe’s Arianespace.