SpaceX has been awarded almost $900 million from the Federal Communications Commission to assist deliver web to rural areas. The funding was supplied by way of the FCC’s Rural Digital Alternative Fund to supply most rural areas with broadband speeds of no less than 100/20Mbps — and over 85% of rural areas with gigabit speeds. A complete of 180 firms gained a part of the $9.2 billion up for grabs in part one of many program.
Elon Musk’s Area Exploration Applied sciences Corp was given $885,509,638.40 through the public sale. Underneath this system, SpaceX has been assigned 642,925 areas throughout 35 states.
The funding will likely be distributed over the subsequent 10 years in equal month-to-month funds.
“I am thrilled with the unimaginable success of this public sale, which brings welcome information to tens of millions of unconnected rural People who for too lengthy have been on the flawed aspect of the digital divide,” mentioned Ajit Pai, FCC Chairman. “They now stand to achieve entry to high-speed, high-quality broadband service.”
SpaceX goals to enhance web speeds with a satellite service it calls Starlink. It is sending 1000’s of small satellites into orbit, which type constellations of flying routers that beam connectivity again to Earth.
SpaceX did not instantly reply to a request for remark.
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