Re:FCC cancels Starlink’s and LTD's rural development grants
by SEJeff on Saturday August 13, 2022 @11:42AM
(#32450901)
Oh Starlink is still losing massive amounts of money. There’s absolutely no feasible way they’re profitable at this stage.
That said. I’m sure the US Department of Defense will effectively write SpaceX a blank check after seeing how quickly they switched to spread spectrum frequency hopping to prevent Russian jamming of comms in Ukraine.
People doubted they could make it pay, but the US kept handing over money until it did.