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1 .This is Scientific American's 60-Second Tech. I'm Larry Greenemeier. Got a minute?
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2 .About half the world's population doesn't have access to the Internet.
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3 .Now two prominent entrepreneurs say they'll address the tech issues contributing to this digital divide.
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4 .SpaceX's Elon Musk wants to launch a new $15 billion constellation of mini communications satellites into near-Earth orbit to provide fast, low-cost and more comprehensive global Internet coverage.
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5 .Communications satellites generally operate from geosynchronous orbit some 22,000 miles above the Earth's surface.
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6 .The Musk satellites would transfer data packets only 750 miles up, through the planet's exosphere, rather than via a tangle of terrestrial networks.
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7 .If successful, the new network could rival fiber optic cable service speeds and be available in currently poorly served areas.
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8 .That is, if rival tech mogul Greg Wyler doesn't get there first, with his OneWeb venture.
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9 .Wyler appears to have a leg up with his proposed 648-micro satellite network:
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10 .he claims to own access to the spectrum frequency needed to communicate in low-earth Orbit.
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11 .Internet satellite ventures do not have a good track record and it's not clear that there's room for two distinct networks.
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12 .The bet here is that that two billionaires eventually team up and divide the pie in the sky.
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13 .Thanks for the minute, for Scientific American's 60-Second Tech. I'm Larry Greenemeier.
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