Elon Musk's Starlink Secures $119 Million Montana Funding, Beating Amazon's Project Kuiper In Satellite Internet Push

Benzinga
2025.08.29 04:48
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Elon Musk's Starlink has secured $119 million in funding from Montana to enhance internet connectivity for over 20,000 locations, surpassing Amazon's Project Kuiper, which received $26 million for 37% of locations. This funding is part of the U.S. Broadband Equity, Access, and Deployment (BEAD) Program. Additionally, SpaceX is negotiating with Middle Eastern airlines for satellite internet services and has introduced new laser technology for faster data transmission. Meanwhile, rival AST Spacemobile plans to launch over 60 satellites and has secured multiple government contracts.