Amazon builds $120 million satellite processing hub in Florida

FILE PHOTO: The logo of Amazon is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 15, 2023. REUTERS/Gonzalo Fuentes/File Photo

WASHINGTON (Reuters) - Amazon is building a $120 million processing facility at NASA's Kennedy Space Center in Florida for its thousands of planned Kuiper internet satellites, the company and state officials said Friday.

The 100,000 square-foot building is part of the roughly $10 billion that Amazon has vowed to invest in its Kuiper project, a planned network of 3,200 low Earth-orbiting satellites designed to beam broadband internet globally.