OneWeb announces $500 million in funding, launch contracts
Posted: Sat, Jun 27, 2015, 11:05 AM ET (1505 GMT)
OneWeb, the startup planning a constellation of low Earth orbit satellites for broadband communications, announced this week it has raised $500 million from a group of companies, and signed contracts for at least 60 launches. OneWeb said the $500 million, which will be used to further development of its 648-satellite constellation. The companies investing in OneWeb include Airbus, Virgin, Intelsat, Qualcomm, and Hughes Network Systems. OneWeb also announced a contract for 21 Soyuz launches with Arianespace, and 39 launches of Virgin Galactic's LauncherOne, to deploy and replenish the satellite constellation. OneWeb plans to have its satellites in orbit by 2019.
OneWeb, the startup planning a constellation of low Earth orbit satellites for broadband communications, announced this week it has raised $500 million from a group of companies, and signed contracts for at least 60 launches. OneWeb said the $500 million, which will be used to further development of its 648-satellite constellation. The companies investing in OneWeb include Airbus, Virgin, Intelsat, Qualcomm, and Hughes Network Systems. OneWeb also announced a contract for 21 Soyuz launches with Arianespace, and 39 launches of Virgin Galactic's LauncherOne, to deploy and replenish the satellite constellation. OneWeb plans to have its satellites in orbit by 2019.
Related Links:
| <<previous article | next article>> |
|
news in brief
|
|
Senate committee advances Isaacman nomination to lead NASA
Posted: Sun, May 4 10:23 AM ET (1423 GMT) |
|
news links
|
|
Friday, May 9
Starlink’s launch in India now a matter of when, not if
TechCrunch — 6:27 am ET (1027 GMT) Musk’s Starlink Edges Closer to India Launch with Government Approval
IndUS Business Journal — 6:26 am ET (1026 GMT) SPACECOM Wants to Be Dynamic in Orbit. The Question Is How
Air and Space Forces Magazine — 6:24 am ET (1024 GMT) 'Ludicrous': Why South Texas locals have beef with FAA over Starbase launches
San Antonio Express-News — 6:23 am ET (1023 GMT) Italy’s Air Force chief champions commercial satellite integration
Decode39 — 6:23 am ET (1023 GMT) |
