Economy

SpaceX rolls out Starlink internet service for private jets

STARLINK.COM

WASHINGTON — Elon Musk’s SpaceX is expanding its satellite internet unit’s foray into in-flight WiFi services with the rollout on Wednesday of Starlink Aviation, offering customers a $150,000 airplane antenna amid mounting competition for airborne connectivity. 

Starlink, SpaceX’s growing network of thousands of internet satellites, will charge customers seeking broadband internet on private jets between $12,500 to $25,000 a month for the service, on top of a one-time $150,000 hardware cost, the company said on its website. 

Starlink Aviation will begin delivering terminals in mid-2023, it said on its website, with reservations requiring a $5,000 payment. It added each terminal can deliver up to 350 Mbps, fast enough for video calls and online gaming. 

Companies building low-Earth orbiting satellite networks beaming broadband internet, like SpaceX’s Starlink and Britain-backed satellite operator OneWeb, are racing to court airlines and private jet services in a market dominated by companies such as Inmarsat and its rival ViaSat, which are planning to merge. 

OneWeb on Tuesday announced an agreement with in-flight broadband giant Panasonic Avionics, which offers service to some 70 airlines, to market and sell OneWeb’s broadband service to airlines by mid-2023. 

Britain’s competition regulator last week referred Viasat’s planned takeover of rival Inmarsat for an in-depth investigation over concerns the tie-up could hamper new competition in the aviation connectivity market and increase prices for airlines’ on-board Wi-Fi. 

SpaceX plans to offer Starlink internet connectivity to Hawaiian Airlines planes next year. The company offers the service for maritime customers and RVs, and already has tens of thousands of individual consumers paying $110 a month with a $599 terminal. — Reuters

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Your daily news source covering investing ideas, market stocks, business, retirement tips from Wall St. to Silicon Valley.

Disclaimer:

TheProficientInvestor.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 TheProficientInvestor. All Rights Reserved.

To Top