AMAZON LAUNCHES FIRST TEST SATELLITES FOR KUIPER INTERNET NETWORK

Amazon's (AMZN.O) first pair of prototype satellites for its planned Kuiper internet network were launched into space on Friday from Florida, the company's first step before it deploys thousands more into orbit to beam internet service globally and compete with SpaceX's Starlink.

A United Launch Alliance Atlas 5 rocket emblazoned with the Amazon logo lifted off from Cape Canaveral shortly after 2 p.m. Eastern time (1800 GMT), carrying the two Kuiper test satellites, a long-awaited mission Amazon initially had intended to launch using different rockets.

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