With $120 million, Amazon plans to build a satellite processing facility

Amazon has announced a plan to invest $120 million to build a satellite processing facility at NASA’s Kennedy Space Center.

The move comes as the tech giant prepares to launch its first satellite for its ambitious Project Kuiper Internet Deployment Network this season.

The project will be completed at the historic launch and landing facility, which was previously used for NASA’s space shuttle missions.

The launch and landing facility is currently leased and operated by Space Florida, the state’s space economic development arm.

Frank DiBello, CEO of Space Florida, said he was delighted that Amazon had become the first large tenant of the launch and landing facility, underscoring the importance of the entire space ecosystem in the state.

Project Kuiper aims to establish a wide network of 3,236 satellites in low Earth orbit, to provide high-speed global Internet connectivity.