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
|
|
|
|
news links
|
|
Sunday, November 2
Can the Global South trust Starlink?
NPR — 8:20 am ET (1320 GMT) S. Korea bolsters space surveillance with 5th satellite launch
Korea Herald — 8:18 am ET (1318 GMT) South Korea's 30cm Satellite Completes Surveillance Network
Chosun Ilbo — 8:17 am ET (1317 GMT) Jeff Bezos wants to send people to live in space — here's what it would look like
New York Post — 8:17 am ET (1317 GMT) S. Korea's 5th spy satellite launched on SpaceX rocket in U.S.
Yonhap News — 8:14 am ET (1314 GMT) |
