Shoot for the moon… Even if you miss, you’ll land among the SpaceX satellites. Yesterday Amazon announced the biggest rocket deal in commercial space history. The goal: bring on partners to help launch thousands of satellites that beam WiFi across the globe.
There’s a new space race… and it’s centered on earthly WiFi, not Martian colonies. A third of the world’s population still doesn’t have internet access. One solution: small, low-orbiting satellites that send broadband to remote locations, and do it without the latency issues that satellite internet is known for.
Amazon already had the rocket fuel… Now it’s got the rockets. This won’t be the Zon’s first time blasting off into a new industry: the corporate behemoth has already successfully leveraged its size and scale to enter grocery, cloud computing, streaming, and healthcare. It may not have a head start with satellites, but its cash, customers, and infrastructure give it an edge in any space.