Samsung is looking to join the satellite internet space race

Samsung is the latest company eyeing satellites as the best way to expand the reach of the internet to the billions of people without access. Farooq Khan, head of Samsung Research America, has outlined an idea for using thousands of small low earth orbit (LEO) satellites to provide high-speed internet all over the planet.
Traditional satellite internet providers use geostationary satellites positioned much further from the earth’s surface to provide access. The problem is that these services tend to be slow, expensive and have high latency. By using a large number of smaller and cheaper satellites floating closer to the planet, Khan and company hope to speed connections up significantly while also cutting costs.
Samsung is far from alone in exploring this idea. A company called OneWeb has received funding from , as well as backing from Virgin Galactic founder Richard Branson. Entrepreneur Elon Musk’s Space X is working on a similar scheme as well, complete with backing from Google.
Some analysts are skeptical that delivering internet by satellite can be profitable without requiring monthly fees that few in the developing world will be able to afford. Wireless spectrum availability is another ongoing issue for new satellite providers.