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Elon Musk's SpaceX has bought a satellite startup

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The American company SpaceX, owned by entrepreneur Elon Musk, has bought a satellite startup. The company became the owner of Swarm Technologies. The company specializes in satellite data, the Izvestia TV channel reports. The company manages the SpaceBEE network — these are the smallest satellites in space. The size of the devices is comparable to a small laptop. 120 satellites have already been put into orbit. Financial conditions were not disclosed, the company was previously estimated at $85 million. The deal is not typical for SpaceX, it usually develops the systems itself. Experts believe that the technologies are used in the ambitious Starlink project aimed at creating a global satellite Internet system.

The American company SpaceX, owned by entrepreneur Elon Musk, has bought a satellite startup. The company became the owner of Swarm Technologies. The company specializes in satellite data, the Izvestia TV channel reports. The company manages the SpaceBEE network — these are the smallest satellites in space. The size of the devices is comparable to a small laptop. 120 satellites have already been put into orbit. Financial conditions were not disclosed, the company was previously estimated at $85 million. The deal is not typical for SpaceX, it usually develops the systems itself. Experts believe that the technologies are used in the ambitious Starlink project aimed at creating a global satellite Internet system.

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