By Michael Sheetz
The race to provide high-speed internet from satellites is well underway – but another, more ambitious competition, to connect directly from space to devices like smartphones, began in earnest earlier this year.
The potential untapped market — which hinges on, but extends beyond, sending a text via space — is spurring a tale of two strategies: Those putting specialized antennae in phones, versus those putting high-powered antennae on the satellites themselves. For some com- panies, it means billions spent on what could end up being a losing approach.