Houston, Amazon.com Has a Problem -- and It's in Europe!

Source: Motley Fool ·

Houston, Amazon.com Has a Problem -- and It's in Europe!

Arianespace was Amazon's last chance to keep its Leo satellite constellation growing this year. No longer.

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When it comes to fast, globe-spanning, broadband internet service delivered from space, Americans basically have two companies to choose from: Space Exploration Technologies (SPCX +0.44%), whose Starlink satellite system is already up and running, and Amazon.com (AMZN +0.12%), whose Amazon Leo system will begin operating in a limited fashion "later this year" but won't be fully operational until 2028. And that's if Amazon is lucky. Amazon and the FCC This story is a little bit complicated, so let me roll it out for you in stages -- beginning with Kuiper. Amazon first announced its plans to build a satellite internet system to rival Starlink back in 2021. Dubbed Project Kuiper at the time, the plan was initially to put 3,236 satellites in orbit. The U.S. Federal Communications Commission greenlit Amazon's plan on the condition that the company prove it could deliver by placing at least half of its satellites in orbit by July 2026. Amazon failed to do that. It's got fewer than 400…

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