Amazon's Satellite Project Will Cost Billions, Jeff Bezos Says
- Project Kuiper aims to place thousands of satellites in orbit
- Broadband ‘close to a fundamental human need,’ Amazon CEO says
This article is for subscribers only.
Amazon.com Inc. plans to spend billions of dollars building a network of thousands of satellites to provide broadband internet service, Chief Executive Officer Jeff Bezos said.
The Project Kuiper initiative, disclosed earlier this year, is the type of big bet the company needs to keep making as its massive scale renders smaller endeavors less meaningful, Bezos said Thursday at Amazon’s re:MARS conference in Las Vegas.