NASA experiments with Micro Satellites

Nasa’s Ames Research Center has got into bed with m2mi to experiment with a new satellite network system.   According to a NASA press release, NASA and m2mi will work together to build a network of “nanosats” on a commercial basis.  These nanosat’s will be low orbit satellitesweighing between 11-110lbs and will be arranged in a cluster or constellation pattern.  They will provide a global, space-based, high-speed network for voice, data, storage applications, and Earth observations.  Being that they so small, they can be mass produced at reasonable prices and since they will be so close together(space wise), if one fails then the network will not suffer.  Could this be the future of the Internet?  The Reg reports.