Amazon.com Inc (NASDAQ:AMZN) has said it will open a new 172,000-square-foot factory in a suburb of Seattle in Washington state, amid plans to create a satellite network aimed at providing high-speed broadband. First unveiled in 2019, Project Kuiper will see 3,236 satellites placed in low Earth orbit, contesting with Elon Musk's SpaceX network, with Amazon set to invest over US$10bn in the plan which was given the go-ahead in 2020 by the US Federal Communications Commission (FCC).