https://arstechnica.com/information-technology/2022/02/firm-planning-100000-satellites-claims-it-will-clean-space-by-capturing-debris/

A company led by satellite-industry veteran Greg Wyler says it plans to launch about 100,000 small communication satellites into low Earth orbit. The company, E-Space, yesterday announced that it received a $50 million investment and that it will launch its first test satellites next month, with "mass production... slated for 2023."

E-Space said it has "filings in hand for potentially over 100,000 secure communication satellites," but there are suggestions that the company wants to launch over 300,000 satellites. Prime Movers Lab, which led the $50 million investment round, said that E-Space's network will have "up to hundreds of thousands of secure communication satellites" and described the devices as "micro-satellites."