Low Earth Orbit (LEO) satellites are still in their nascency, but analysis of BroadbandNow US market pricing data suggests that the technology could save American households more than $30 billion per year by intensifying broadband competition.
LEO satellites, such as the constellations planned by Elon Musk’s SpaceX Starlink project and Jeff Bezos’ Project Kuiper, promise to bring low-latency broadband internet to millions of Americans. LEO satellite orbit extremely close to earth, between 99 to 1200 miles versus 22,000 miles of traditional GEO satellites, which means less time to transfer information (lower latency) and a quality of service comparable to wired broadband cable and fiber providers. The arrays will be precisely mapped into massive constellations to maximize coverage.
LEO technology will offer robust internet access to underserved and rural communities lacking wired, low-latency broadband options. The arrival of this emergent technology is likely to drive down monthly internet prices for hundreds of millions of Americans.