| Founded | 1990 |
|---|---|
| Closed | 2002 |
| Country | USA |
| Sector | Spacetech |
| Total raised | 9000 |
| Collapse type | Silent Shutdown |
| Founder | Bill Gates / Craig McCaw |
Teledesic
"Bill Gates planned a 840-satellite internet constellation in 1994. Spent $9B. Cancelled in 2002. Starlink succeeded in 2020."
Quiet closure with no public announcement
Key Events Timeline
Teledesic was announced in 1994 by Bill Gates and telecom entrepreneur Craig McCaw with a vision to provide broadband internet access globally via a constellation of 840 low-Earth orbit satellites — what would become known as the Starlink model 25 years later.
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