Amazon: Project Kuiper is among the Seattle-based company’s biggest bets, one of just a few that have survived two years into a cost-cutting drive that has eliminated many of the speculative projects started late in Jeff Bezos’s tenure as chief executive officer.
Project Kuiper could transform Amazon into a telecommunications giant, but first the company needs to loft more than 3,000 satellites into orbit to compete with Elon Musk s Starlink.
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For a harrowing hour or two, after Amazon.com Inc. launched its first satellites, it appeared the company might have lost one of them. The two prototypes had entered orbit over the Atlantic Ocean at 2:24 p.m.