The prospect of reusable rockets dramatically lowering the cost of launch fueled the growth, as did the revolution in small satellites. For decades, satellites had been big, as large as a garbage truck, and expensive, costing hundreds of millions of dollars. But now the technology had changed, and like an iPhone, they had shrunk in size, to the size of a shoebox, costing far less. Musk wasn’t the only entrepreneur looking to cash in on the new satellite technology. OneWeb, a company backed by Richard Branson, also planned to put up a constellation of hundreds of miniature satellites that it
...more
This highlight has been truncated due to consecutive passage length restrictions.