Business opportunities are being created now, from latest generation satellites being launched.
These new satellites are set to open up new access to consumers.
Currently large parts of the world are offline.
The new satellites will encircle the earth, providing internet access globally.
These new satellites are known as LEO’s.
LEO stands for Low Earth Orbit.
As the name suggests, LEO’s are satellites that are in a low space orbit.
This means that they are closer to the earth’s surface than traditional communications satellites.
The key advantage of being closer to the earth is reduced latency.
Latency is the delay in the signal.
Having a delay in the signal being received is a problem.
It’s a problem for uses such as autonomous cars.