Category: Amazon.com

Overhead of the New Glenn rocket from Blue Origin, one of the three heavy-lift launch providers Amazon selected for Project Kuiper (featuring a mock-up of the Amazon logo).

By Kate Duffy 

• Amazon said it has secured 83 rocket launches for its satellite internet service, Project Kuiper.
• It has agreements with rocket firms Blue Origin, ULA, and Arianespace to fly the satellites to space.
• “Amazon is investing billions of dollars across the three agreements,” a Project Kuiper spokesperson said.

Amazon announced on Tuesday that it has secured a deal for up to 83 rocket launches over a five-year period to send its Project Kuiper internet satellites into space.

In a press release, Amazon said it has signed agreements with space services firms Blue Origin, United Launch Alliance, and Arianespace to use their launch vehicles to carry satellites into orbit for its Project Kuiper, a broadband service that will offer internet connectivity from space and aims to compete with SpaceX’s Starlink service.

Continue reading… “Amazon secures 83 rocket launches to send Project Kuiper internet satellites into space”

By Annie Palmer

• Amazon is launching an apparel store, called Amazon Style, the company announced Thursday.
• The first location, based in the Los Angeles suburb of Glendale, California, will open later this year.
• Amazon has experimented with physical retail formats in grocery and books, but it has never sold clothing or shoes at those stores.

The stores will feature women’s and men’s apparel, shoes and accessories from a mix of well-known and emerging brands at affordable prices.Amazon

After upending brick-and-mortar retail, Amazon is opening a clothing store in the physical world.

The first Amazon Style store, located in the Los Angeles suburb of Glendale, California, will open its doors later this year, the company announced Thursday.

The store will feature women’s and men’s apparel, shoes, and accessories from a mix of well-known and emerging brands, with prices catering to a wide range of shoppers.

“You’ll find everything from the $10 basic to the designer jeans to the $400 timeless piece,” Simoina Vasen, managing director of Amazon Style, told CNBC. “We want to meet every budget and every price point.”

At roughly 30,000 square feet, the retail space is around the size of a typical T.J. Maxx location, but smaller than the average department store.

Continue reading… “Amazon is opening a real-world clothing store with high-tech fitting rooms”

Flying cars, also known as electric air taxis, have been around us for a long time thanks to sci-fi staples such as “Back to the Future” and “The Jetsons.” But with major brands like Boeing (NYSE:BA), Airbus (OTCPK:EADSF), Hyundai, and Toyota (NYSE:TM) now promising to whisk riders through the skies in flying taxis and receiving a heady dose of Wall Street endorsement, the dream is increasingly getting closer to reality.

Indeed, many experts are now upbeat that air mobility over short distances is closer to becoming a reality than ever before in history, thanks mainly to massive advancements in battery technologies and autonomous flight. And make no mistake about it: Flying taxis have real potential to completely restructure public and private transportation, decongest our roads, and lower greenhouse gas emissions.

In fact, a Morgan Stanley Research study says the autonomous urban aircraft market will continue to mature during the current decade and then boom globally to reach $1.5 trillion by 2040.

This year, we have witnessed two electric aircraft startups go public: Joby Aviation Inc. (NYSE:JOBY), which went public in August, and Archer Aviation Inc. (NYSE:ACHR), which was listed in September, both via SPAC deals.

And, it appears there’s no shortage of electric aircraft companies in the IPO pipeline: Amazon and UPS-backed Beta Technologies have developed Alia, an electric vertical takeoff and landing aircraft, or “eVTOL,” helicopter-like aircraft that can take off and land without runways.

Continue reading… “Electric Cargo Planes: The Next Stage Of Amazon’s Delivery Transformation”

Grab your kombucha or coconut chips and just… walk out. 

By Steve Dent

After launching it in Go stores and then bringing it to larger Fresh supermarkets, Amazon’s cashierless “Just Walk Out” tech will soon arrive in two Whole Foods locations. The service, which lets you pick up goods from shelves and (yep) just walk out, is coming to new stores in Washington DC and Sherman Oaks, California next year, the company announced. 

“By collaborating with Amazon to introduce Just Walk Out shopping at these two Whole Foods Market stores, our customers will be able to… save time by skipping the checkout line,” said Whole Foods co-founder John Mackey. 

Continue reading… “Amazon’s cashierless ‘Just Walk Out’ tech is coming to Whole Foods stores”