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Starlink is a satellite internet constellation operated by Starlink Services, LLC, an international telecommunications provider that is a wholly owned subsidiary of American aerospace company SpaceX, [5] providing coverage to over 100 countries and territories.
OneWeb alone raised $1.7 billion by February 2017 for the project, [7] and SpaceX raised over one billion in the first half of 2019 for their service called Starlink. [8] They expected more than $30 billion in revenue by 2025 from its satellite constellation. [9] [10] Starlink, as of February 2024, has 5,402 operational satellites in orbit. [11]
In comparison, Starlink charges $90 to $120 per month for residential service, with a $599 equipment fee. For businesses, it charges $250 to $1,500 a month with a $2,500 equipment fee.
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Iridium is providing Satellite Time & Location (STL) service. [76] It was developed by Satelles company, which was later acquired by Iridium Communications in April 2024. [77] According to the company, it is the only LEO satellite based commercial positioning, navigation, and timing (PNT) service (as of April 2024). [76]