Amazon (AMZN) founder Jeff Bezos’ space venture called Blue Origin plans to deploy a satellite network in space that can provide communications and internet services on earth.
The network, called TeraWave, is aimed at enterprise, data center and government customers. It will consist of 5,408 satellites, according to Blue Origin.
The company said that the satellites will provide data speeds of “up to 6 terabits per second” from satellites positioned in low Earth orbit.
Blue Origin expects to begin deploying its constellation of satellites in the fourth quarter of 2027.
Bezos is entering an increasingly crowded satellite internet market that’s dominated by Starlink, a service operated by Elon Musk’s SpaceX.
Starlink currently has more than 9,000 satellites operating in earth’s orbit and about nine million customers worldwide.
Somewhat ironically, Blue Origin will also compete against Amazon, the technology giant that Bezos founded in 1994.
Amazon has its own satellite internet service called Leo. The company has sent 180 satellites into orbit since April 2025.
Executives at Amazon have said that they plan to build a constellation of 3,236 satellites that will serve businesses, governments and consumers.
Bezos has said in the past that Blue Origin will one day be a bigger company than Amazon.
For now, Blue Origin is primarily a rocket launch company that flies tourists into space. The company also sends some NASA spacecraft into outer space.
Blue Origin is privately held and its stock doesn’t trade on a public exchange. Amazon’s stock has declined 2% over the last 12 months to trade at $231.30 U.S. per share.