Swarm Technologies won FCC approval to offer global internet-of-things communications services with a constellation of 150 miniature SpaceBee satellites. Credit: Swarm Technologies

Is the rapidly expanding market for connecting Internet of Things devices to satellites set for a shake-up as two billionaires, both with reputations for challenging the status quo, plot forays into the industry?

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Jason Rainbow writes about satellite telecom, finance and commercial markets for SpaceNews. He has spent more than a decade covering the global space industry as a business journalist. Previously, he was Group Editor-in-Chief for Finance Information Group,...