Connect with us

Hi, what are you looking for?

Jewish Business News

Social Media

Big Brothers Apple, Google, Facebook, Amazon Looking to Buy Satellites

Boeing satellite

Boeing has announced that technology giants like Apple, Google, Amazon and Facebook have been showing an interest in buying its powerful satellites, International Business Times reported.

Boeing [NYSE: BA] is showcasing its recent achievements in satellite technology, including its all-electric propulsion 702SP (small platform) satellite, at this week’s Satellite 2015 Conference & Exhibition (March 16-19) at the Walter E. Washington Convention Center in Washington, D.C.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.

The aviation and satellite company expects to reach a deal with one of these companies by the end of 2015, to build a “high-throughput communications satellite, ” to help provide expanded internet access around the world.

“The real key to being able to do this type of things is ultra high-throughput capabilities, where we’re looking at providing gigabytes, terrabytes, petabytes of capability, ” Boeing’s Jim Simpson told Reuters at the Satellite 2015 conference.

Google and Facebook are already involved in bringing internet access to the third world world. Apple and Amazon might not, initially, have as much to offer folks out on the Savannah.

Apple has enormous amounts of cash, but the costs associated with building such a satellite and shooting it into geosynchronous earth orbit may be too staggering even for them.

Usually, it’s the mobile phone networks that deal with Boeing and competing satellite builders, since for them the added service capacity is translated quickly into attracting new customers.

According to Simpson, Boeing is working on new ways to make satellite communications cost less.

Google recently announced its involvement in a $1 billion investment round in SpaceX, Elon Musk’s space exploration company, to launch 4, 000 satellites in low earth orbit, to form a global Internet network.

The SpaceX satellite project will take five years at an estimated cost of to $10 billion.

Google is also running using a network of balloons and solar-powered drones, known as Project Loon, to deliver internet access to remote areas.

Facebook’s internet.org is another plan to connect the world via mobile phone networks around the globe, offering free access to search, weather and, naturally, Facebook.

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Life-Style Health

Medint’s medical researchers provide data-driven insights to help patients make decisions; It is affordable- hundreds rather than thousands of dollars

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...