Project Kuiper will see the company launch 3,236 satellites in a bid to offer high-speed internet access to parts of the world underserved by traditional network infrastructure. The company announced it was earmarking over US$10 billion for the project. (The Logic)

Talking point: Amazon’s highest-profile competitor is Elon Musk’s SpaceX, which has already launched over 500 of the anticipated 12,000 satellites that will make up its Starlink constellation; it plans to offer service in the U.S. and Canada later this year. For Ottawa-based Telesat, though, Project Kuiper’s approval means a second behemoth to contend with in the low-Earth orbit satellite race. While Telesat vice-president Erwin Hudson recently told my colleague Murad his company was focused on “more sophisticated, powerful satellites,” its 2019 annual report warned “these potential competitors … have greater access to capital than we have and/or may be at a more advanced stage of development.”