In the span of one week, two space startups that have made good on far-fetched promises unveiled plans to develop competing global satellite Internet systems.
Whether there is room for two such multibillion-dollar constellations is unclear, but the announcements by Space Exploration Technologies (SpaceX) founder Elon Musk and OneWeb Ltd. – a company financed by Virgin Group, chip-maker Qualcomm and O3b Networks founder Greg Wyler – are backed by people who have demonstrated the ability to attract both capital and engineering talent.
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