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.
Broadband satellite networks and services provider Hughes Network Systems (HUGHES) has announced its participation in the winning consortium, led by the U.K. Government and Bharti Enterprises, that will acquire OneWeb out of bankruptcy. Hughes has agreed in principle to invest $50 million in the consortium.
Hughes Network Systems has added new features to its flagship HN and HX Systems, with the aim of enabling higher bandwidth efficiency as well as support for IPv6.
Digital Ship magazine provides the latest information about maritime satellite communications technology, software systems, navigation technology, computer networks, data management and TMSA. It is published ten times a year.
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