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6/10, 11:51 AM (Source: TeleTrader)
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Amazon to help space startups with business growth

Amazon.com Inc. chose 10 startups, that deal with space exploration, to be part of its Amazon Web Services' program in order to help grow their businesses, as the company gets more involved in the space industry, Axios reported on Thursday.

According to the publication, the AWS program is designed as a business accelerator that will highlight the cloud services features to the space companies, especially with its tools dealing with large amounts of data. Additionally, the investment firm Seraphim will also attend the program, as the firm plans to offer business advice to the fledgling companies.

The Director of AWS' Aerospace and Satellite Business Clint Crosier commented on the program: "As a result of this workshop, not only do we want to teach these 10 companies how they can go and build a successful space mission on the cloud, but we absolutely will use it to educate the rest of the community."

Breaking the News / OL