5 years ago

OneWeb Secures £293 Million to Complete Satellite Constellation for Global Broadband

  • OneWeb, a London-based global communications company, has secured £293 million in new funding from SoftBank Group Corp

  • and Hughes Network Systems LLC

  • This latest investment brings OneWeb's total funding to $1.4 billion, enabling the company to fully fund its first-generation satellite fleet of 648 satellites by the end of 2022

  • OneWeb aims to deliver broadband connectivity worldwide through its constellation of LEO satellites, bridging the global digital divide and providing high-speed, low-latency services.

      • ProblemTechnology Infrastructure

      "connecting everyone, everywhere, bridging the global digital divide"

      Solution

      "delivery of broadband connectivity worldwide using a global constellation of Low Earth Orbit (LEO) satellites"

      Covered on