OneWeb has secured additional funding from SoftBank Group and Hughes Network Systems, bringing OneWeb’s total funding to $1.4 billion. The capital raised to date positions the Company to be fully funded for its first-generation satellite fleet, totaling 648 satellites, by the end of 2022.

In light of the ongoing pandemic and the challenges associated with shipping, the Singapore government has further accelerated its ongoing activities to take a leading role in the digital transformation of the maritime industry. The government strongly recommends shipping companies take action to digitalise their processes and will grant funding for companies that choose innovative solutions.

Wärtsilä Voyage has introduced Wärtsilä SmartMove Suite to the shipping market, a solution for semi-autonomous sailing featuring the industry’s most advanced sensors and high-accuracy ship control systems.