The FCC approved SpaceX request for access to additional frequencies and to operate an additional 7,500 satellites at very low-Earth altitudes.
In March, the FCC had approved SpaceX initial plan for a constellation of 4425 satellites.
Market access approval has been given to Telesat, Kepler Communications and LeoSat to offer high-speed internet service and connectivity for sensors and other intelligence devices.
Telesat Canada will use a network of 117 satellites to offer high-speed U.S. communication services.
Premium Internet Connections Between Financial Centers
Light travels 45% faster in the vacuum of space compred to fiber optic cable. SpaceX will be able to provide shorter delays (lower latency) at high bandwidth.
A 3-millisecond decrease in one-way communication time between the Chicago and New York areas was worth about $100 million per year.
The top 20 financial cities will pay one to three billion dollars each year for faster connections via an internet network in space.
Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com
, the top online science blog. He is also involved in angel investing and raising funds for breakthrough technology startup companies.
He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.