4/19, 6:25 PM (Source: TeleTrader)
more TeleTrader news

Amazon secures ULA's Atlas V rockets for Project Kuiper

Amazon Inc. signed a contract with United Launch Alliance (ULA) securing nine launches of ULA's Atlas V space vehicles to send its Project Kuiper internet satellites into the Earth's orbit, according to the official statement the company put out on Monday.

Amazon's founder and chief executive officer Jeff Bezos stated that the company seeks to make affordable broadband internet available to customers across the globe, lauding ULA for its track record with past customers. ULA's President and CEO Tory Bruno called Project Kuiper "ambitious," stating that it would strengthen the US's leadership in space, as well as provide steady demand for launch services and create new job opportunities.

Amazon first announced plans for Project Kuiper on April 4, noting that the company looks forward to working with other companies that "share this common vision" of global affordable broadband internet.

Breaking the News / IV