00:00It's Benzinga bringing Wall Street to Main Street.
00:03Jeff Bezos' space company Blue Origin announced on Wednesday plans to deploy 5,408 satellites,
00:10according to NBC News. The satellites will build a communications network
00:14called TerraWave aimed at data centers, governments, and businesses.
00:19Blue Origin said the network is designed to deliver data speeds of up to 6 terabits per
00:23second anywhere on Earth using optical communications and will serve a maximum
00:28of about 100,000 customers. Deployment is scheduled to begin in the fourth quarter of
00:332027. The company said the network aligns with growing demand for large-scale AI data processing
00:40and coincides with a broader push to develop space-based data centers. The announcement
00:45adds another Bezos-linked satellite effort alongside Amazon's low-Earth orbit network,
00:50previously called Project Kuiper. The move places Blue Origin in a market currently led
00:56by SpaceX's Starlink constellation. For all things money, visit Benzinga.com.
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