OneWeb has signed what it describes as a “key distribution partnership” with Rock Networks in Canada. Ottawa-based Rock Networks is an end-to-end communications systems integrator focused on wireless and broadband solutions. The announcement was made during The Canadian Association of Defence and Security Industries Canadian Defence Marketplace event. Rock Networks is a Canada-wide telecommunications hardware […]
May 27th should see 36 OneWeb satellites launched from the Vostochny Cosmodrome in Russia’s Far East. The launch will be handled by Arianespace using a Soyuz 1.1b rocket. It is the sixth launch of operational satellites (an initial batch of six test craft were launched in February 2019). A seventh batch of 36 is currently […]
Japanese media conglomerate SoftBank and satellite broadband provider OneWeb have announced an agreement for “mutual cooperation to promote OneWeb’s satellite communication services in the global and Japan markets. SoftBank and OneWeb will promote satellite communication services via the combination of OneWeb services and SoftBank’s services, including advanced communication and Digital Transformation platform services”. A joint […]
Low Earth Orbit (LEO) global satellite communications company OneWeb has entered into a definitive agreement to acquire Texas-based TrustComm, which will enable OneWeb to offer its network and connectivity services to US government clients and TrustComm customers. Based at the Ellington Joint Base in Houston, Texas, TrustComm was established in 1999 as a provider of […]
Hughes Network Systems and OneWeb have announced their selection by the US Air Force Research Lab to demonstrate managed LEO satellite communications (SATCOM) services to connect the Arctic region to sites around the globe. Under the agreement, Hughes will test and implement these end-to-end services on the OneWeb system between selected US Northern Command (NORTHCOM) […]
Eutelsat’s CEO Rodolphe Belmer has explained in some detail why it made its move on OneWeb. Last week it announced it would place $550 million into OneWeb in return for a 24 per cent shareholding. The 24 per cent stake puts Eutelsat at an equal level as the two existing investors. Eutelsat will have 3 […]
This week Eutelsat confirmed it would invest $550 million in broadband constellation OneWeb in return for a 24 percent stake in OneWeb. Ratings agency Fitch has given a “BBB” rating for Eutelsat with a “Stable Outlook”. The ratings report comes as investment bank Exane/BNPP also slightly modified its view of the deal, saying: “This initial […]
Eutelsat is taking a 24 per cent stake in UK/India-owned low Earth orbiting business OneWeb. Eutelsat will invest $500 million (€455.4m) in the company, which “almost” fully funds the satellite venture. Eutelsat will use its FCC-granted ‘incentive’ payment for giving up its C-band frequencies over the US to fund its stake. In a press statement, […]
Eutelsat is taking a 24 per cent stake in OneWeb. Eutelsat’s fresh cash values OneWeb at $2.3 billion. However, Eutelsat is paying a significant premium to enter OneWeb. When the UK government and India’s Bharti Global invested their cash into OneWeb they placed their $500 million into the business and received 42 per cent of […]
Elon Musk is getting closer to winning FCC approval to fly some of his Starlink low Earth orbiting (LEO) satellites at even lower heights. Acting FCC Commissioner Jessica Rosenworcel has asked her board colleagues to formally vote on the plan having herself endorsed the idea. SpaceX is already licensed to operate 1,584 of its Starlink […]