{"id":126749,"date":"2022-04-21T00:52:39","date_gmt":"2022-04-21T00:52:39","guid":{"rendered":"https:\/\/fin2me.com\/?p=126749"},"modified":"2022-04-21T00:52:39","modified_gmt":"2022-04-21T00:52:39","slug":"amazon-spacex-snag-nasa-space-communications-contracts","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/amazon-spacex-snag-nasa-space-communications-contracts\/","title":{"rendered":"Amazon, SpaceX snag NASA space communications contracts"},"content":{"rendered":"
FILE PHOTO: SpaceX Starlink 5 satellites are pictured in the sky seen from Svendborg on South Funen, Denmark April 21, 2020. Ritzau Scanpix\/Mads Claus Rasmussen via REUTERS <\/figcaption>

WASHINGTON (Reuters) – Amazon\u2019s satellite venture, SpaceX\u2019s Starlink network and other satellite firms on Wednesday won a combined $278.5 million in contracts from NASA to demonstrate communications in space as the U.S. space agency moves to replace its current satellite network in orbit with privately-built systems.<\/p>\n

NASA is increasingly looking to rely on private space companies for its operations and wants to stimulate more commercial activity in areas from space communications to sending humans to orbit.<\/p>\n

Amazon\u2019s Project Kuiper, a planned network of over 3,000 satellites built to beam broadband internet to remote regions, won $67 million, while SpaceX\u2019s Starlink venture, a larger satellite-internet network with some 2,000 satellites in space already, received $70 million.<\/p>\n

NASA uses its current system, called the Tracking and Data Relay Satellite network, to communicate with spacecraft in orbit, such as SpaceX\u2019s Crew Dragon capsule when it ferries astronauts to and from the International Space Station.<\/p>\n

\u201cThe goal here is really to get industry to kick in with us and develop these capabilities for customers that are not just NASA, but other space-based customers as well, hopefully bringing down our costs,\u201d Eli Naffah, the head of NASA\u2019s Communications Services Project, told Reuters.<\/p>\n

Each company is expected to complete development and demonstrations of their satellites under the contract by 2025, NASA said in a statement.<\/p>\n

The other awardees include Inmarsat, SES, Telesat and ViaSat. Competition is fierce primarily among Elon Musk\u2019s SpaceX, Amazon and Telesat to provide broadband internet from space, a costly commercial endeavor that could generate billions in revenue once fully operational, analysts say.<\/p>\n

Starlink, while not yet completed, has thousands of customers in various countries. Amazon, further behind, aims to launch its first two prototype satellites in late 2022.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

FILE PHOTO: SpaceX Starlink 5 satellites are pictured in the sky seen from Svendborg on South Funen, Denmark April 21, 2020. 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