FCC approves SpaceX plan for 4,425-satellite Broadband Network
The approval of SpaceX’s application was not seriously in doubt after last month’s memo from FCC Chairman Ajit Pai, who was excited at the prospect of the first U.S.-based company being authorized to launch a constellation like this.
“I have asked my colleagues to join me in supporting this application and moving to unleash the power of satellite constellations to provide high-speed Internet to rural Americans,” he wrote at the time. He really is pushing that “digital divide” thing. Not that Elon Musk disagrees:
Today’s Falcon launch carries 2 SpaceX test satellites for global broadband. If successful, Starlink constellation will serve least served.
SpaceX COO Gwynne Shotwell echoed the sentiment in a statement provided to TechCrunch:
We appreciate the FCC’s thorough review and approval of SpaceX’s constellation license. Although we still have much to do with this complex undertaking, this is an important step toward SpaceX building a next-generation satellite network that can link the globe with reliable and affordable broadband service, especially reaching those who are not yet connected.
The proposed service, which will be called Starlink, was opposed by several existing satellite operators like OneWeb and Spire. They’re rightly concerned that another operator in space — especially one that wants to launch thousands of satellites — will crowd both spectrum and orbit.
Continue reading on techcrunch.com
While there are some challenges that both investors and businesses face in creating a net positive impact, there are still ways in which we can ensure that investments are positively impacting society.
Municipal bonds are securities issued for the purpose of financing local infrastructure needs, and cities are increasingly using these tools for enabling smart cities projects.
The U.S. Department of Agriculture offers loans, grants and loan guarantees to help create jobs and support economic development and essential services such as housing, health care, first responder services and equipment, and water, electric and communications infrastructure.
From AI to blockchain, what separates the hype from the real opportunities in the new age of investing technology? Join editors from The Economist and leaders from Venture Smarter, the world's premier financial institutions, wealthiest families, largest companies, most innovative startups and most influential foundations for the third annual Investing for Impact event.
Multiple IoT platforms for cities exist on the market today. How do they compare? What arguments exist on the open source vs proprietary solutions divide? How do these platforms compare in costs, functionality, security and ecosystem?
Join leaders from Venture Smarter, IEEE Smart Cities and more at the 23rd Annual ARC Industry Forum in Orlando, Florida to explore how digitizing factories, cities, and infrastructure will benefit technology end users and suppliers alike. Here are some top reasons for you to attend!
This January, we were happy to co-host the U.S. Opportunity Zone Expo in partnership with the US Dept. of Treasury and the National Infrastructure and Investment Alliance (NIIA). Here are a few takeaways from Venture Smarter’s SVP of Governance and Policy, Rhonda Binda.
Join Venture Smarter and our partners at one or more of these events to connect with industry insiders, practitioners, solution partners, and project planners working to build better places to live, work, and visit.
Recent developments out of the U.S. Treasury and the White House related to Opportunity Zones show that this initiative is gaining momentum as 2019 begins.