Elon Musk and Greg Wyler have discussed launching around 700 satellites, each weighing less than 250 pounds. That is about half the size of the smallest communications satellites now in commercial use. The satellite constellation would be 10 times the size of the largest current fleet, managed by Iridium Communications Inc.
Greg Wyler is a satellite-industry veteran and former Google Inc. executive. Mr. Wyler founded WorldVu Satellites Ltd., which controls a large block of radio spectrum.
The smallest communications satellites now weigh under 500 pounds and cost several million dollars each. WorldVu hopes to bring the cost of manufacturing smaller models under $1 million, according to two people familiar with its plans.
SOURCES – Wall Street Journal, wikipedia
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