The company’s planned 300-satellite network will allow internet service providers (ISPs) to sell high-speed broadband to customers in rural and remote areas of the country. The federal government will pay out the money over 10 years from the $1.7-billion Universal Broadband Fund, announced in the 2019 budget. The company will also receive $85 million from the Strategic Innovation Fund for a $480-million project to develop components for the satellites. (The Logic)