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UK plan for OneWeb rival to Galileo in doubt

OneWeb, now in the process of being acquired by the British government and Indian telco giant Bharti Global, is going ahead with building satellites ahead of any decision to incorporate the UK’s plans for a rival global positioning system to rival Europe’s Galileo. OneWeb’s bankruptcy court permitted the British and Indian joint-venture, (called ‘BidCo 100’) […]

July 20, 2020

US court approves UK/Bharti purchase of OneWeb

OneWeb is now well on its way to being bought by a joint-venture between the UK government and India telco Bharti Global. A US bankruptcy court approved the sale of OneWeb to the consortium on July 10th in return for a guaranteed $1 billion sum which will be paid 50/50 by the UK and Bharti. […]

July 13, 2020By Chris Forrester

Airbus wins Optus satellite order

Australian telco Optus has ordered a new satellite (Optus 11) from Airbus Defence & Space. The craft will carry the industry’s latest ‘beam forming’ software and have the ability to configure payloads and traffic while in orbit. The contract calls for a launch in 2023 to the 160 degree East orbital slot. “Its location, coverage, […]

July 3, 2020By Chris Forrester

Canada, India interested in OneWeb

Ottawa-based Telesat has reportedly entered a bid for OneWeb’s satellite assets. But it isn’t alone. There will be an auction process on July 2nd in New York. The UK is widely reported to have committed to a $500 million (£405m) participation for a 20 per cent stake in OneWeb. The UK bid is said to […]

July 1, 2020By Chris Forrester

ESA chooses Leicester for new incubation effort

The European Space Agency (ESA) has chosen to build a £100 million space-tech incubation centre in Leicester, UK. The ESA is not part of the European Union Space Park Leicester is an extension of ESA’s existing Business Incubation thrust for R&D.  It joins Harwell Campus in Oxfordshire, Sci-Tech Daresbury in the North West and the […]

June 30, 2020By Chris Forrester

Airbus objects to OneWeb’s JV bankruptcy sale

Airbus Defence & Space and OneWeb are in a joint-venture to build up to an initial 900 of OneWeb’s Low Earth Orbiting (LEO) satellites at a factory in Florida and a subsequent 1600 follow-on Generation 2 satellites. Airbus has formally objected to the bankruptcy court which is handling the upcoming sale or auction of OneWeb’s […]

June 18, 2020