Techno-News Blog

January 30, 2015

Satellite Internet: meet the hip new investment for Richard Branson, Elon Musk

Filed under: Uncategorized — admin @ 12:19 am

by Megan Geuss, Ars Technica

The two moguls are backing competing networks to bring Internet to the underserved. It was an interesting week for ideas about the future of the Internet. On Wednesday, satellite industry notable Greg Wyler announced that his company OneWeb, which wants to build a micro-satellite network to bring Internet to all corners of the globe, secured investments from Richard Branson’s Virgin Group and Qualcomm. Then in a separate announcement on Friday, Elon Musk said that he would also be devoting his new Seattle office to creating “advanced micro-satellites” to deliver Internet.

http://arstechnica.com/business/2015/01/satellite-internet-meet-the-hip-new-investment-for-richard-branson-elon-musk/

Share on Facebook

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Powered by WordPress