Technology

The Race to Connect the Unconnected - And the Trillions at Stake

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The Race to Connect the Unconnected - And the Trillions at Stake

2.9 billion people lack internet access, but a company has connected over 6 million customers globally using a constellation of 6,750 satellites. The service is growing at 50% year-over-year and could unlock trillions in economic value.

Nearly 3 billion people worldwide lack internet access due to high infrastructure costs and remote terrain. A company has deployed over 6,750 satellites to provide high-speed internet globally, reaching 6 million customers and growing at 50% year-over-year. The service is available in remote areas, war zones, and on cruise ships, without requiring ground infrastructure. According to James Altucher, this development could unlock trillions in economic value. The company's network serves users worldwide, from Manhattan to rural Africa. The service is active in over 2.6 million households and is accelerating.

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