satellite internet

Next-Gen Internet Promises Huge Fortunes

As it stands today, more than half the world’s population has no way to access the internet.

That’s approximately 4 billion people!

But thanks to new satellite internet technology, we’re getting much closer to bridging this massive digital divide.

The impact of this new satellite internet technology could be immense. It may spell the end of “Big Cable’s” unchallenged dominance.

This is game-changing technology.

A Brief History of Cable Internet’s Biggest Disruptor

Satellite internet is a complete transformation in how we enable communications and internet access. The concept goes back to the 1940s when science fiction author Arthur C. Clarke first detailed the idea.

Clarke wrote in an article that if we can get into space, we can hang a radio station in orbit. This orbit would be synchronized with the Earth’s rotation and that radio station would, from our perspective, hang in one part of the sky, never moving.

With three well-placed stations you could, theoretically, cover the entire planet.

By the 1960s, we started launching our first satellites into orbit. Over the next 50 years we’ve had plenty of great innovations. But none has made complete global communication possible yet.

That is, until now.

New innovations in satellite technology are finally breaking the mold and offering a brand-new way to expand global communications.

Similar to Clarke’s general idea, constellation satellite tech would put thousands of new small satellites into perpetual low-Earth orbit.

This constellation of satellites would cover the globe, making access to high-quality internet from any point on our planet’s surface finally possible.

Capturing the Essence of Tech’s Greatest Advances

The mind behind this innovation, Greg Wyler, is no stranger to this technology. He formerly worked at Google on their satellite programs, helping put satellites into orbit to better connect Africa. Now he’s expanding on this idea, using new technology to completely envelop the planet in internet connectivity.

The anticipated constellation would be close to 1,000 satellites, orbiting 750 miles up. To compare, the satellites we use now for internet and cable TV sit 22,000 miles high. At this height it takes messages half a second to travel from sender to receiver.

For a TV this is OK. But if you’re doing something like live video conferencing or trying to control a drone on the other side of the planet, that half-second lag is unacceptable.

Because these new satellite constellations will only be 750 miles up, signals could even travel faster than with fiber optics. Light and radio waves travel through space much faster than they do bouncing along a fiber-optic connection.

But how do we get all those satellites in orbit?

Satellite internet’s promise is enabled by cheap space access. Startups like Elon Musk’s SpaceX and Jeff Bezos’ Blue Origin are a big reason why this tech will work. These companies are changing the game when it comes to getting things into orbit.

Launches are much cheaper, which is opening up tons of possibilities that didn’t exist before.

Seeing all these parts in motion together, it’s hard to deny the impact that this technology could have.

Cheaper space launches, better satellites and faster computers… The conditions are perfect for major disruption in 2018.

Early movers will score biggest.

For Tomorrow’s Trends Today,

Ray Blanco
for The Daily Reckoning

You May Also Be Interested In:

Pocketing Profits While Billionaires Bicker

As tech shares slide deeper into the red to begin the second quarter, the heroes of Silicon Valley are eating their own. Today, Greg Guenthner shares how to ignore the bickering billionaires and focus on the stocks and sectors that could lead us out of this mess.

Ray Blanco

After earning a bachelor’s degree in information technology from Hodges University, Ray Blanco spent over a decade working for public and private companies as a network technician and systems analyst. Ray used to work for one of the most successful private wealth management firms in the country — with over $30 billion in assets under...

View More By Ray Blanco