Amazon targets 2024 launch of first Kuiper internet satellites

Amazon's satellite internet unit, Project Kuiper, will begin mass-producing the satellites later this year, the company said. Those will be the first of over 3,000 satellites the technology giant plans to launch in low-Earth orbit in the next few years.

The 2024 deployment target would keep Amazon on track to fulfill a regulatory mandate to launch half its entire Kuiper network of 3,236 satellites by 2026. Limp, who oversees Amazon's consumer devices powerhouse, said the company plans to make "three to five" satellites a day to reach that goal.

With plans to pump more than $10 billion into the Kuiper network, Amazon sees its experience producing millions of devices from its consumer electronics powerhouse as an edge over rival SpaceX, the Musk-owned space company whose Starlink network already has roughly 4,000 satellites in space.