FCC awards SpaceX $886 million for satellite internet network

The Federal Communications Fee announced $9.2 billion in awards to corporations offering broadband web to rural areas throughout the US, and Elon Musk’s SpaceX was one of many largest winners. The corporate will obtain $886 million over the subsequent 10 years for its Starlink satellite tv for pc broadband undertaking, beneath the Federal Communication Fee’s Rural Digital Alternative Fund.

Starlink is SpaceX’s constellation of satellites that may fly at low altitudes across the Earth, offering web on the bottom under. SpaceX already has launched 900 of the deliberate 12,000 satellites wanted for the Starlink system into low-Earth orbit. Musk has mentioned the corporate wants 800 satellites in house to supply “vital operational capabilities.” SpaceX kicked off its Better Than Nothing Beta for Starlink broadband in October after introducing a private beta over the summer season.

Different large winners within the FCC public sale included LTD Broadband, which can get $1.3 billion; Constitution Communications, which can obtain $1.2 billion; and the Rural Electrical Cooperative Consortium, which is getting $1.1 billion.

Between 24 and 163 million people lack broadband web entry within the US, and the issue is very acute in rural areas. The incoming Biden administration is expected to increase federal broadband spending in 2021 to bridge the so-called “digital divide.”

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