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May 4, 2017 06:58 pm GMT

SpaceX will launch its internet-beaming satellites into orbit in 2019

The payloads on some of SpaceX's 2019 rocket launches will be its own satellites.

SpaceX vice president of satellite government affairs, Patricia Cooper, dropped some new details yesterday about the company's efforts to build a network of Internet-connectivity-providing satellites at a Senate committee hearing about broadband infrastructure. The company plans to have the first prototype of the satellite in space by the end of this year, with the first fully-operational units hitting orbit as part of a 2019 launch campaign.

The company's plan to launch the network by 2024 was first outlined in an application to the Federal Communications Commission (FCC) at the end of 2016, and we learned earlier this year that SpaceX is projecting a $30 billion revenue stream from the network by 2030, one that could be used to help fund SpaceX CEO Elon Musk's dream mission to Mars. Read more...

More about Internet Access, Internet, Broadband Technologies, Satellites, and Launch

Original Link: http://feeds.mashable.com/~r/mashable/tech/~3/ISVI5xIlDSY/

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