OneWeb’s connectivity will be the fastest internet service in the Arctic, and the first to provide full coverage to the region
OneWeb’s fiber-like internet will be the only solution whereby the Arctic’s under-served, and unconnected communities can benefit from broadband connectivity
With service starting in 2020, OneWeb’s connectivity will help advance maritime, aviation, enterprise, government and scientific research needs
LONDON, September 4, 2019 (OneWeb PR – OneWeb, whose goal is to connect everyone everywhere, today announced the details of its Arctic high-speed, low-latency internet service. OneWeb will deliver 375 Gbps of capacity above the 60th parallel North. With service starting in 2020, there will be enough capacity to give fiber-like connectivity to hundreds of thousands of homes, planes, and boats, connecting millions across the Arctic.
Citing a story in the Sunday Telegraph, City A.M. reports that Softbank took a £380 million ($424.7 million) impairment loss on its investment in OneWeb. Softbank is the largest shareholder in the Internet satellite company.
Airbus, Qualcomm and Virgin Group are among other shareholders in the London-based satellite firm, which boasts a valuation of more than $1bn (£823m) and has earned sought-after “unicorn” status.
In addition to the Softbank writedown, some early investors have lost as much as half of the value of their stakes, according to the report
Oneweb, which secured $1.25bn in its latest Softbank-led funding round, has ramped up its plans for satellite production amid competition from Elon Musk’s SpaceX and Jeff Bezos’s Amazon.
Joint venture between OneWeb and Airbus sees satellite manufacturing facility open in Florida helping to revitalise Florida’s Space Coast with 250 new high-tech jobs and 3,000 indirect jobs through the supply chain
Department for International Trade celebrates 1 year of the Space Exports Strategy
In 2015, American companies represented nearly half of all FDI in the UK space sector—roughly £5.1bn of £12bn
EXPLORATION PARK, Fla. (UK Department of International Trade PR) — Today (July 22) UK-based OneWeb, the communications company powered by satellites, announced the opening of OneWeb Satellites, the first-ever, high-volume satellite manufacturing facility on Merritt Island, Florida, as part of a joint venture with Airbus. It comes just after the 50th anniversary of the first moon landing.
EXPLORATION PARK, Florida, USA, July 22, 2019 – OneWeb Satellites – a joint venture of OneWeb
and Airbus – today officially opened the world’s first high-volume,
high-speed advanced satellite production facility to bring
transformative internet connectivity to everyone, everywhere.
are custom built, costing tens of millions of dollars to build, and
taking more than a year to produce a single one. The OneWeb Satellites facility is the first to employ industrial-scale
mass production techniques for satellites, enabling dramatically reduced costs and production times that can deliver one
satellite per production shift or two a day, while significantly
expanding internet connectivity and making space technology far more
OneWeb proves satellite constellation can deliver high-speed, low-latency services from Space.
Comprehensive tests delivered live Full HD (1080p) streaming video at latency of less than 40 milliseconds and with speeds of over 400 Mbps.
All satellites in orbit, launched in February 2019 are performing well.
Test conducted in partnership with Intellian, developer of OneWeb user terminals.
LONDON, July 16, 2019 (OneWeb PR) – OneWeb, whose mission is to enable internet access everywhere for everyone, is delighted to announce the successful test of its six satellites in Low Earth Orbit. All satellites delivered high-speed, low-latency services, with speed of more than 400 Mbps which enabled the fastest real-time video streaming in Full HD from Space. The tests, which took place in Seoul, South Korea, represent the most significant demonstration of the OneWeb constellation to date, proving its ability to provide superior broadband connectivity anywhere on the planet.
HARWELL, UK (Astroscale PR) – Astroscale Ltd. (“Astroscale”), the market-leader in developing a space debris removal service to secure long-term orbital sustainability, has been awarded a contract under the Sunrise Project, a Public-Private Partnership led by the European Space Agency (ESA) and OneWeb, a global communications company on a mission to connect the unconnected through a global satellite constellation.
Jeff Bezos and Amazon.com marked Independence Day by filing an application with the Federal Communications Commission to launch 3,236 satellites to provide global Internet services from space. The Los Angeles Timesreports:
Amazon in its FCC application said its satellites would operate at altitudes of about 370 to 390 miles (590 to 630 kilometers).
Amazon Chief Executive Jeff Bezos last month said the Kuiper project would cost “multiple billions of dollars.” The project is separate from Bezos’ space launch vehicle maker, Blue Origin.
In its FCC filing, Amazon said it would help serve U.S. communities “by offering fixed broadband communications services to rural and hard-to-reach areas.” The Kuiper System will help mobile network operators to expand wireless services, Amazon said in its application. It also offered the prospect of “high-throughput mobile broadband connectivity services for aircraft, maritime vessels and land vehicles.”
Amazon is in a race with OneWeb, SpaceX and other companies to provide global broadband services from space. SpaceX has received approval for nearly 12,000 satellites and launched the first 60 spacecraft of its Starlink constellation in May. OneWeb launched the first six of a planned 648 satellites in February.
When the contract was announced in June 2015, it seemed like a blockbuster deal: satellite Internet provider OneWeb had placed an order for 39 launches with options for 100 more for Virgin Galactic’s (now Virgin Orbit’s) LauncherOne.
What made the order extraordinary was not just the large number of launches, but the fact that the rocket really didn’t even exist yet. (The fact that Richard Branson’s Virgin Group was an investor in OneWeb probably helped.)
Four years later, the blockbuster deal is a bust. According to a lawsuit filed this week by Virgin Orbit, OneWeb last year canceled 35 of the 39 planned launches., slicing most of the value from the $234 million deal.
SpaceNewsreports that Virgin Orbit orbit is suing for $46.32 million it claims OneWeb owes it from a $70 million contract termination fee.
Jeff Bezos’ Amazon has jumped into a crowded field of companies seeking to provide high-speed broadband, data and other communications services to the entire globe.
Amazon’s Kuiper constellation of 3,236 satellites brings the total number of spacecraft in the 16 announced systems to 20,241 spacecraft. The competition includes SpaceX, Boeing, Telesat, SES and government-backed companies in China and Russia.
Investment enables completion of Tarana’s revolutionary solution for fixed wireless broadband access.
SANTA CLARA, Calif. (Tarana Wireless) — Tarana Wireless Inc. today announced a $60 million financing with Khosla Ventures and EchoStar Corporation, as a follow-on to financing of $28m led by 1010 Holdings, LLC, the family offices of Greg Wyler. In conjunction with the financing, EchoStar Chairman Charlie Ergen, Khosla Ventures partner Samir Kaul, and Greg Wyler, Chairman of OneWeb, have joined Tarana’s board of directors. Kranti Kilaru recently stepped down from his role as EVP at EchoStar to join Tarana’s leadership team as President.
With total financing of nearly $200 million, Tarana has created a new class of radio technology with unprecedented immunity to obstructions, interference, changing conditions, and spectrum scarcity. Tarana’s fixed wireless access technology will drive a tenfold improvement in the network economics of gigabit broadband access at massive scale.
EVRY, France (Arianespace PR) — OneWeb is the developer of a new global, high-speed, low latency satellite-based network designed to address the most demanding global connectivity challenges worldwide. Ariane 6 will be available to OneWeb from the second half of 2020 to provide launch capacity that supports the full deployment and replenishment of the OneWeb constellation.
The launch service agreement specifies the use of the qualification launch of the Ariane 62 version, scheduled for the second half of 2020; the two Ariane 6 options (either in its 62 version, accommodating up to 36 OneWeb satellites, or in the 64 version, up to 78 OneWeb satellites) will be utilized starting in 2023.
New funding to start mass production of satellites
Combined with its successful first launch of satellites, OneWeb gains clear first mover advantage
New fundraising demonstrates strong investor support for OneWeb
March 18, 2019 (OneWeb PR) – OneWeb, a global communications company with a mission to bring connectivity to everyone, everywhere, announces it has secured its largest fundraising round to date with the successful raise of $1.25 billion in new capital. This brings the total funds raised to $3.4 billion. This round was led by SoftBank Group Corp., Grupo Salinas, Qualcomm Technologies Inc., and the Government of Rwanda.
OneWeb signs major agreement with Talia to deliver broadband connectivity to Africa and the Middle East
First client signing with Intermatica for telecommunications services in Europe
Signing ceremonies with Talia and Intermatica take place at #MWC19
McLean, Va., 27 February, 2019 (OneWeb PR) – OneWeb, the global satellite-powered communications company with a mission to bring connectivity to everyone, everywhere, announces during #MWC19 that it has secured its first customer contracts to deliver its high speed, low latency, global communications services.
KOUROU, French Guiana (Arianespace PR) — Arianespace played a significant role in improving global connectivity with today’s Soyuz launch that deployed the initial six satellites in OneWeb’s constellation – which will provide affordable high-speed internet access for users around the world.
The cluster of spacecraft – produced by the OneWeb Satellites joint venture of OneWeb and Airbus – was successfully deployed into a circular low Earth orbit on Arianespace’s first Soyuz mission of 2019 (and the launch services company’s second mission overall this year).