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Elon Musk and Richard Branson invest in satellite-Internet ventures


Elon Musk and Richard Branson invest in satellite-Internet ventures Two space entrepreneurs — Elon Musk and Richard Branson — are adding satellites to their cosmic ambitions. In separate announcements this week, the two men said they were making big investments in small satellites that could one day provide a global low-cost Internet service. Musk, the founder of upstart rocket company SpaceX, was in Seattle on Friday to open a new office where dozens of engineers will work on developing smaller-sized satellites. In an earlier post on Twitter, he explained that SpaceX was in the initial stages of creating "advanced micro-satellites" that would orbit the earth in large clusters.   More



(Source: Los Angeles Times - Jan 17)

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