[jessriedel]

Why is this better than a balloon? (Most use cases don't need maneuverability, which usually isn't possible with satellites either.)

[neolefty]

Probably can control position more easily, to stay over your service area. Balloons relying on air currents for position may not be as reliable.

[winfred]

The main uses for satellites are observation and communication. Both are appealing markets for HAPS. Hovering drones could act as relays for telephone calls and internet traffic in places that do not have good enough infrastructure on the ground. And there is never a shortage of customers who would like to snoop on various parts of the Earth’s surface, whether for commercial or military reasons.(fta)