Amazon reveals that new ‘space internet’ will bring ultrafast 1 Gbps internet to 500 million homes and promises launch in 2024

AMAZON has revealed that its new home Internet service will read hundreds of millions of people.

Space Internet that relies on satellites, a bit like Elon Musk’s Starlink enterprise offering, is expected to launch in 2024.

Amazon received FCC approval for its new service earlier this year.

This means you can start testing up to 1,000 of your satellite dishes.

These prototypes were assembled in the USA.

Amazon will launch satellites this year to begin testing.

The tech giant’s CEO Andy Jassy has just revealed more about the plans.

He updated shareholders on the Internet service in a recent letter.

“In October, we reached an important milestone in our journey to commercialize Project Kuiper when we launched two complete satellite prototypes into space and successfully validated all major systems and subsystems – rare for an initial launch like this.

“Kuiper is our low-Earth orbit satellite initiative that aims to provide broadband connectivity to 400-500 million households that don’t have it today (as well as governments and businesses seeking better connectivity and performance in more remote areas), and It’s a very big revenue opportunity for Amazon.

“We are on track to launch our first production satellites in 2024.

“We still have a long way to go, but we are encouraged by our progress,” Jassy told shareholders.

The spatial internet was designed to test businesses and homes.

It can offer speeds of up to 1 Gbps, which is equivalent to 1,000 megabits.

This speed would be ideal for large businesses, but individual customers could opt for a slower speed.

The monthly cost of Amazon’s new internet service is currently unknown.

Amazon reportedly wants to be cheaper than Starlink, according to Cord Cutters News.