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Jul 14, 2021

Amazon acquires Facebook's Satellite Internet Group
It was just revealed that in April Amazon acquired over a dozen staff from Facebook as part of their plan to provide satellite based internet (in competition with SpaceX's Starlink). The team includes experts in physics, prototyping, software engineering, wireless internet, and more. They began working for Amazon in Los Angeles and are developing a constellation of low orbit satellites for broadband internet. The terms of how much Amazon paid Facebook were not disclosed. Link
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