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.
OneWeb has confirmed the successful launch of all 36 satellites from a Soyuz launch vehicle, which began flight from the Vostochny Cosmodrome. This brings the total in-orbit constellation to 110 satellites, part of OneWeb’s 648 LEO satellite fleet that will deliver high-speed, low-latency global connectivity.
Intellian will be starting production of a wide range of dedicated user terminals for the global low-earth orbit (LEO) satellite communications provider OneWeb, ready for delivery in 2021 and beyond.
OneWeb has announced its emergence from U.S. Chapter 11 bankruptcy protection and achievement of all relevant regulatory approvals.
OneWeb has achieved a major step in its reorganisation process. On 2 October 2020, the United States Bankruptcy Court for the Southern District of New York confirmed OneWeb’s Chapter 11 plan of reorganisation (the “Plan”), ensuring that the company remains on target to resume full business operations imminently.
OneWeb has amended its existing launch contract with Arianespace. Launches for OneWeb are scheduled to resume in December 2020, putting the company on track to complete the deployment of its full global constellation of Low Earth Orbit 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.
OneWeb has submitted a modification request to the US Federal Communications Commission (FCC) to increase the number of satellites in its constellation up to 48,000 satellites.
Satellite communications start-up OneWeb has filed for bankruptcy after failing to secure funding it had been negotiating since the beginning of the year.
OneWeb has announced the successful launch of 34 more satellites onboard a Soyuz launch vehicle from the historic Baikonur Cosmodrome, Kazakhstan. Lift-off occurred on March 21st at 17:06 UTC. OneWeb’s satellites separated from the rocket and were dispensed in nine batches with signal acquisition anticipated in the coming hours.
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.
Digital Ship Ltd
Digital Ship - Digital Energy Journal
39-41 North Road