JetBlue To Be The First Airline To Implement Amazon.com (AMZN)'s Project Kuiper Satellite Technology

Amazon.com, Inc. (NASDAQ:AMZN) is one of the Best Reddit Stocks to Invest in Now. On September 4, Amazon.com, Inc. (NASDAQ:AMZN) announced that JetBlue will be the first airline to implement Amazon’s Project Kuiper satellite technology, enhancing its free Fly-Fi service beginning in 2027. Project Kuiper’s low Earth orbit satellites circle the planet, offering lower latency and more reliable service as compared to traditional satellite systems.

Apart from JetBlue, Amazon.com, Inc. (NASDAQ:AMZN) had also signed an agreement with European plane maker Airbus for the integration of Project Kuiper’s connectivity solution into their aircraft catalog. With Amazon.com, Inc. (NASDAQ:AMZN) expanding the Kuiper constellation for its commercial launch, the partnership with JetBlue reflects a step in bringing improved satellite internet to travelers. With 4 rocket launches in 4 months, Amazon.com, Inc. (NASDAQ:AMZN) has over 100 Kuiper satellites in orbit, and it continues to accelerate its production, processing, and deployment rates.

Pershing Square Holdings, an investment holding company, released its H1 2025 investor letter. Here is what the fund said:

“Earlier this year, we initiated a position in Amazon.com, Inc. (NASDAQ:AMZN), a company we have long studied and admired. Amazon operates two of the world’s great, category-defining franchises: its Amazon Web Services (AWS) cloud business and its e-commerce retail operations. Both AWS and the company’s retail operations are supported by decades-long secular growth trends, occupy dominant positions in their respective markets, and have significant long-term opportunities for margin expansion. Moreover, despite operating in different industries, both businesses share the core tenets of Amazon’s ethos: a relentless focus on the customer, leveraging scale to be the lowest-cost provider, and continually reinvesting to improve their value proposition.

AWS, which accounts for approximately 60% of Amazon’s total profits, is the leader in the highly concentrated cloud hyperscaler market with over 40% market share. As the first mover in the space, AWS is exceptionally well-positioned to capitalize on the multi-decade shift of IT workloads from on-premise to cloud solutions. Currently, only about 20% of IT workloads are estimated to be hosted in the cloud, a percentage that is expected to steadily increase and eventually invert over time. Similarly, Amazon’s retail business is powered by strong secular growth in e-commerce adoption. In the U.S., for example, e-commerce sales penetration has doubled in the past decade yet still accounts for less than 20% of total retail sales. Within this rapidly expanding market, Amazon holds a leadership position by offering consumers the widest selection, the lowest prices, and the fastest delivery, all enabled by a one-of-a-kind logistics network that fulfills over $700 billion in gross merchandise value annually…” (Click here to read the full text)

While we acknowledge the potential of AMZN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. This article is originally published at Insider Monkey.