Amazon.com Inc on Thursday confirmed its plan to build a network of over 3,000 satellites through "Project Kuiper" to provide high-speed internet.
The long-term project will cater to people globally who lack basic access to broadband Internet, Amazon said in a statement on Thursday.
Details of the project were filed with the United Nation's International Telecommunication Union last month.
Amazon's satellite project faces stiff competition from similar ventures from billionaire entrepreneur Elon Musk's rocket company SpaceX and Airbus-backed OneWeb among others. In February, OneWeb launched its first six satellites.
Earlier this year, Jeff Bezos' rocket company Blue Origin also signed a deal with Canada's Telesat to launch part of the satellite constellation.