PhotoAmazon confirmed on Thursday that it plans to build over 3,000 small satellites and launch them into low-earth orbit to provide high speed broadband connectivity to underserved areas of the world.

The satellites would provide "low-latency, high-speed broadband connectivity to unserved and underserved communities around the world," a spokesperson told CNBC.

In federal filings reviewed by GeekWire, Amazon said the satellites, which will be launched as part of “Project Kuiper,” will provide data coverage for areas ranging in latitude from 56 degrees north to 56 degrees south, where about 95 percent of the global population lives.

“Project Kuiper is a new initiative to launch a constellation of low Earth orbit satellites that will provide low-latency, high-speed broadband connectivity to unserved and underserved communities around the world,” an Amazon spokesperson said in a statement.

“This is a long-term project that envisions serving tens of millions of people who lack basic access to broadband internet. We look forward to partnering on this initiative with companies that share this common vision.”

Last November, Elon Musk’s aerospace company SpaceX obtained clearance from the FCC to build out its global, high-speed, satellite-driven wireless network called "Starlink." When complete, SpaceX’s Starlink network will be comprised of nearly 12,000 satellites.

OneWeb, an initiative backed by Richard Branson’s Virgin Group and Masayoshi Son’s SoftBank Group, launched its first 5G satellites in February.

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