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
|
|
Tuesday, April 29
Firefly Scrubs Launch Attempt, SpaceX Falcon Rocket Lifts Off From VSFB
Noozhawk — 6:20 am ET (1020 GMT) The Commercial Space Revolution: Critical Lessons For The Space Force
Forbes.com — 6:19 am ET (1019 GMT) An aircraft carrier in space? US Space Force wants 'orbital carrier' to easily deploy spacecraft in Earth orbit
BBC — 6:19 am ET (1019 GMT) DOD mission set to launch from Wallops Island
ShoreDailyNews.com — 6:19 am ET (1019 GMT) Starbase could be Texas' newest official town. Here's how.
San Antonio Express-News — 6:14 am ET (1014 GMT) |
