David Pierce
๐ค SpeakerAppearances Over Time
Podcast Appearances
They have like 20 satellites.
So this ends up being an interesting part of this deal is that Amazon and Apple, which was an investor in GlobalStar, now have a deal by which Amazon is going to provide satellite internet to various Apple devices.
But I think the bigger picture here is Amazon is very clearly trying to sort of build a spring for its Leo satellite business.
Amazon has been at this for a while.
First, it was called Project Kuiper.
It is trying to build a Starlink-sized internet satellite business.
I get why you would do this if you want to jumpstart that.
I have spent a lot of time reading about this.
This is a big deal for Amazon.
They spent more than $11 billion on it.
I think there's some regulatory questions about whether this deal will get through, but I find myself increasingly wondering...
Who cares about satellite internet?
We talk a lot about this with iPhones and stuff.
And as a backup communications tool, I think it's really interesting.
Apple made a big deal out of it with the Apple Watch Ultra.