Amazon's Groundbreaking Success in Space Technology Will Revolutionize Internet Connectivity

NatalieLopez

 14 Dec 23

tl;dr

Amazon (AMZN) has successfully tested an optical mesh network of laser links between its Project Kuiper internet satellites in low Earth orbit. The tech and retail giant recently launched two prototype satellites on a "Protoflight" mission, achieving a 100% success rate. Amazon also disclosed the su...

Amazon (AMZN) has successfully tested an optical mesh network of laser links between its Project Kuiper internet satellites in low Earth orbit. The tech and retail giant recently launched two prototype satellites on a "Protoflight" mission, achieving a 100% success rate. Amazon also disclosed the successful testing of its optical inter-satellite link (OISL) capabilities. These tests demonstrated maintaining 100 gigabits per second (Gbps) links over a distance of nearly 621 miles for the entire test window. The company's long-term plan for Project Kuiper includes laser links on every satellite in its constellation to form a mesh network in space. Additionally, Amazon recently signed a contract with SpaceX (SPACE) to support deployment for Project Kuiper, a move that signals competition in the race to deliver internet-providing satellites into orbit around Earth.

More about Amazon.com Inc

Amazon.com, Inc. is a leading multinational technology company in the retail-catalog and mail-order industry, with a market capitalization of $1.53 trillion. The stock has shown a 1.91% increase, closing at $3,811.24. The company's stock performance has been relatively bullish, with a strong upward trend in recent months. Key technical indicators such as the Relative Strength Index (RSI) and Bollinger Bands suggest that the stock is currently overbought, which may indicate a potential reversal in the near future. Market sentiment remains positive, driven by the company's strong financial performance and its position as one of the most valuable brands in the world. However, it is important to note that past market behavior is not always a reliable indicator of future performance, and there are potential risks and uncertainties associated with investing in Amazon.com, Inc.

Disclaimer:
This is not financial advice. Please do your own research before investing in any asset.