WASHINGTON: Elon Musk’s SpaceX is racing ahead with OneWeb to build a global online presence by sending smaller, super light satellites. The result is a jostle of investors.
These days, it seems like most of our science problems have attracted CEO and CTO of SpaceX, CEO of Tesla Motors Elon Musk’s attention, especially if it’s space or Mars. Musk’s rocket company has already planned an experimental colony on Mars to build a ferry for scuttling men and stuff there.
Further more, SpaceX has been doing research on satellite telecommunications recently, a thing lonely guy needs on Mars so that he could use it to call for a ride home or for that matter, a colony of human Martians could use to live a connected life as anyone on Earthside is using.
Reports from last September has it that Musk was in talks with former Google employee Greg Wyler to create superlight satellites. Recently, Wyler’s One Web and Musk’s Spacex, which are separate companies now, in competition were each reported to have garnered huge investments from prominent and separate supporters. The Virgin Group and Qualcomm backed OneWeb; While, Google and Fidelity Investments have combinely given $1 billion to SpaceX.
Investors focussed on tech might notice that the promise satellite Internet is bringing isn’t just for interplanetary use. It is already in use on Earth, specially in rural areas where there’s no dial-up or cable access, thought it has never been fast enough to compare with cable internet. Like many of Musk’s projects, SpaceX’s work with satellite Internet isn’t conceptual and much of a disturbance at all.
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