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Google said to spend over $1 billion on satellites for internet access

Google will spend over $1 billion on satellite to bring internet access to unconnected parts of the globe according to sources.

@ShaneMcGlaun
Published Mon, Jun 2 2014 8:00 AM CDT   |   Updated Sat, Aug 8 2020 10:29 AM CDT

A rumor is making the rounds that internet giant Google is set to spend over $1 billion to purchase satellites that will be placed into orbit to provide broadband. According to people familiar with the project, Google will be using the low altitude satellites to bring internet access to portions of the country where wired broadband isn't available.

Google said to spend over $1 billion on satellites for internet access | TweakTown.com

Sources claim that Google will start with 180 small, but high-capacity satellites that will orbit at lower altitudes than traditional satellites. The number of satellites could later be expanded. The satellites that Google will use are reportedly from a communications start-up called O3b Networks.

Google has also reportedly been hiring engineers from a satellite company called Space Systems/Loral LLC. People familiar with the project say that the estimated cost for the satellites is in the area of $1 billion to $3 billion.

NEWS SOURCE:marketwatch.com

Shane is a long time technology writer who has been writing full time for over a decade. Shane will cover all sorts of news for TweakTown including tech and other topics. When not writing about all things geeky, he can be found at the track teaching noobs how to race cars.

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