[runninganyways]

Isn't it more expensive to launch a geostationary satellite? If their big thing is communication how are they going to compete with Starlink (which isn't geostationary btw)? How is it profitable for anyone to dream of competing with Starlink at this point. I am a layperson but it seems like game over unless Rocket Lab finds a way to compete.

The article only mentioned communications satelites and I don't think anyone is going able to beat Starlink in that area in the next 5-10 years.

[6nf]

You can't compete with Starlink from GEO, the latency to GEO is just too high - around 250ms - which is ok for some purposes but pretty crap compared to ground fiber or Starlink.

[ezconnect]

The article says they are market maker of satellite bandwidth, so they have data that their venture have paying customers. They mentioned that the purpose of the satellite is to augment bandwidth when needed and move to another location.