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00:03Starlink, Elon Musk's satellite internet provider under SpaceX,
00:07secured $119 million in funding from Montana's broadband equity,
00:11access and deployment program to expand connectivity to over 20,000 locations.
00:17This gives the company access to 28% of the state's 70,000 sites, according to Benzinga.
00:23Amazon's project Kuiper was awarded access to 37% of sites,
00:27but received $26 million in federal funding.
00:31Montana opted for satellite internet over fiber for 65% of locations,
00:35mirroring Colorado's 50% allocation.
00:38The BEAD program, revised under the Trump administration,
00:41has faced criticism for eliminating federal oversight of low-income plan pricing.
00:46SpaceX is reportedly in talks with major Middle Eastern airlines,
00:50including Emirates and Saudia, to provide in-flight satellite internet.
00:53The company also unveiled laser tracking technology capable of transmitting 25 gigabytes per second
00:59over 2,500 miles,
01:02which could strengthen its case for involvement in Trump's Golden Dome missile defense system.
01:07For all things money, visit Benzinga.com.
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