it seems like technology is advancing quicker than we can keep up. But
it doesn’t have to be that way, and honestly, we can’t afford to stay
behind any longer.
Our future continues to be shaped in a
way that will rely on technology and seamless connectivity to the
internet — something we still don’t have today.
You probably won’t believe this, but
only about 40% of the global population has access to the internet. That
means more than half the world has no internet access whatsoever. For
some of us, that’s hard to believe. There are 35 countries right now
where fewer than one in five residents is able to access the internet
because there’s no infrastructure for it.
It’s not just rural or poor areas.
China, India, and the United States contribute a large portion of the
4.4 billion people who are disconnected. It was hard for me to grasp
that reality since the internet has been around for a while. It seems
strange to think that not everyone has access to it, especially when a
wide variety of technologies are being invented that require a reliable
internet connection. And not just a reliable connection, but a
connection altogether, which 60% of the world doesn’t have.
Getting Closer to 100% Global Internet Coverage
That could all be changing with the introduction of low Earth orbit (LEO) satellites.
These satellites orbit the Earth at an altitude of 99 to 1,200 miles
above the Earth’s surface. They have an orbital period between 84 and
127 minutes. The main purpose of LEO satellites is to provide 100%
global internet coverage.
Since LEO satellites are closer to
Earth, there will be less time to transfer information (low latency) and
better internet service than wired cable or fiber broadband providers.
The traditional geostationary (GEO) satellites are 22,000 miles, making
LEO satellites superior in the terms of speed and connection.
The potential of broadband internet
access to all is becoming a reality because of LEO satellites and key
players looking to invest in space. Those players are Amazon (NASDAQ:
AMZN) and SpaceX. This will become the next and probably biggest
technology battle of the century.
Some are calling it the “Next Space Race” or "The Internet Race."
These companies are spending billions in space with the hopes that it
will make them billions annually when the LEO satellites are up and
running for not only U.S. consumers but consumers across the globe.
LEO satellites aren’t a new concept.
Most of the Earth’s 2,000 active satellites are already LEO. The company
Iridium Communications Inc. (NASDAQ: IRDM) has a network of 141 LEO
satellites that handle voice and data communication from the company's
handheld satellite phones. Iridium’s satellites have been active since
What is a new concept is creating a
world where everyone has the chance to be connected, paving the way for
even more groundbreaking technological developments.
The Battle Has Just Begun
In May, SpaceX CEO Elon Musk made a
huge leap in the space race. SpaceX launched the first 60 of its planned
12,000 satellites into low Earth orbit.
recently requested that federal regulators allow it to spread out
satellites in more rings around the globe. The company is proposing that
this alteration in its orbital plans would be able to bring coverage to
the southern U.S. by next year in time for hurricane season.
It’ll take the company six more
Starlink launches before it will have partial service. However,
spreading out its satellites into 72 rings instead of 24 will allow for a
quicker and greater launch efficiency.
SpaceX said in a statement in August:
The proposed respacing would
require fewer launches of satellites — perhaps as few as half — to
initiate service to the entire contiguous United States. Globally, the
modification would enable more rapid coverage of all longitudes to grow
toward the Equator, as well as bolstering capacity over in areas of
greater population density.
Amazon CEO Jeff Bezos
has also been spending a lot of money to secure a spot in this race.
Bezos’ Blue Origin announced its Project Kuiper, which will be a
3,236-satellite constellation. Project Kuiper plans to have satellites
at three different altitudes: 784 satellites at 367 miles, 1,296
satellites at 379 miles, and 1,156 satellites at 391 miles.
A spokesperson from Amazon said:
Project Kuiper is a new
initiative to launch a constellation of Low Earth Orbit satellites that
will provide low-latency, high-speed broadband connectivity to unserved
and underserved communities around the world. This is a long-term
project that envisions serving tens of millions of people who lack basic
access to broadband internet. We look forward to partnering on this
initiative with companies that share this common vision.
This is a battle you’re going to want
to pay attention to. Amazon and SpaceX aren’t the only companies that
will be making billions. This technology is going to be huge, and it’ll
reshape our entire planet for years to come. And there’s one company
that you haven’t heard about that’s right in the middle of this battle —
in a good way.
The company is set to go vertical while these massive companies battle it out. Check out this report to learn more about this technology and the name of this company.
Until next time,
Editorial Director, Park Avenue Digest
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