Predict your next investment

FINANCIAL | Asset/Financial Management
blueskycf.com

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Founded Year

1998

Stage

Merger | Merged

About Blue Sky

Blue Sky provides financial services in accounting, consultancy, corporate finance and due diligence.

Blue Sky Headquarter Location

Cornwall Buildings 45 Newhall Street

Birmingham, England, B3 3QR,

United Kingdom

0345 258 3759

Latest Blue Sky News

Why Amazon’s Internet Satellite Plans Are Too Blue Sky

Nov 2, 2021

Photo: Jeff Bezos and his rocketship company Blue Origin. Photo by Bloomberg. One of the benefits of running a conglomerate as diversified as Amazon is that you don’t need to change your name to change the conversation. No matter how bad the news, there’s always something else coming from some other territory in the corporate empire. On Monday, just a couple of days after delivering some bleak news about rising costs and falling profits in its retail business, Amazon announced it has asked for government approval to launch two satellites next year. If approved, the launch would help Amazon test the technology for its long-planned satellite internet service, Project Kuiper. While the news generated some upbeat headlines, it also puts the spotlight back on the question of why Amazon is investing in this venture in the first place. Jeff Bezos has his own rocket-ship company, Blue Origin. Its focus is on building reusable rockets that can be used for human space flight as well as businesses and the government, sure. But Elon Musk’s rival rocket company, SpaceX, has an internet satellite business within it. Join now to read the full story

Predict your next investment

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