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Low Earth Orbit (LEO) satellites are still in their infancy, but according to one analysis, the technology could save American households more than $30 billion per year by intensifying broadband competition
The U.S. Federal Communications Commission approved an application by Space Exploration Holdings (SpaceX) to provide broadband services using satellite technology in the United States and around the world.
On Saturday, SpaceX will be launching two experimental mini-satellites that will pave the path for the first batch of what is planned to be a 4,000-satellite constellation providing low-cost internet around the earth.
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