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HomeFinanceAmazon says Kuiper satellite production delayed; beta tests to start next year

Amazon says Kuiper satellite production delayed; beta tests to start next year

Space ship on orbit of Earth planet. Expedition of cargo spacecraft to ISS. Deep space and cities lights. Elements of this image furnished by NASA.

dima_zel/iStock via Getty Images

Amazon (NASDAQ:AMZN) said on Thursday that the production launch of its Project Kuiper satellites would be delayed and start in the fourth-quarter, with beta testing occurring next year.

Shares rose 2.1% on Thursday, hitting a new 52-week high, one day after


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