OneWeb is a communications company that aims to build broadband satellite Internet services.
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OneWeb is a communications company that aims to build broadband satellite Internet services.
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OneWeb emerged from the bankruptcy proceedings and reorganization in November 2020 with a new ownership group.
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In July 2022 it was announced that OneWeb was to merge with France's Eutelsat, an established operator of geostationary satellites.
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In 2015, OneWeb secured US$500 million in funding, and agreed to purchase certain future launch services, from existing aerospace industry companies Arianespace and Virgin Galactic.
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In February 2017, OneWeb announced that it expected to sell all of its capacity by launch time.
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OneWeb said the decision has been made because of the financial impact of the COVID-19 pandemic.
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On 21 September 2020, OneWeb announced that it was set to resume launching satellites for its global broadband network in December 2020 under a modified 16-launch contract with Arianespace.
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Furthermore, OneWeb announced plans to accelerate launches in 2021 so that the 650 satellites necessary for global coverage would be in orbit by 2022.
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In May 2021, OneWeb was asked by the UK Space Agency to lead a consortium of space companies working to develop a satellite that can beam hop, meaning it can change which part of the world it covers.
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That same month, OneWeb announced plans to buy TrustComm, a US -based managed satellite communications provider.
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Russia said the launch had already been paid for and would not be refunded, and would be cancelled from the Russian side unless OneWeb can provide additional assurance that the satellites will never be used for military purposes.
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In March 2022, OneWeb announced an agreement with SpaceX leading to resumption of OneWeb satellite launches later in that year.
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In March 2021, OneWeb stated its market would be primarily to businesses, governments including defence, phone network operators and clusters of communities, rather than to individual domestic customers which its competitor Starlink primarily targets.
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In June 2019, OneWeb rolled out its 'Responsible Space' initiative to outline the approaches it plans to take to promote sustainability and safe operations in space.
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