Founded 2012 | ||
Greg wyler founder of oneweb speaks at the 2016 canadian smallsat symposium
OneWeb LLC, formerly known as WorldVu, is a global communications company founded by Greg Wyler. The company is based in Arlington, Virginia and plans to launch the OneWeb satellite constellation, a network of 648 Low Earth orbit microsatellites, starting in late 2017.
Contents
- Greg wyler founder of oneweb speaks at the 2016 canadian smallsat symposium
- Oneweb videos by onewebvideoproduction com 149 business videos
- History
- References
Its intended goal is to "reach hundreds of millions of potential users residing in places without [existing] broadband access".
Oneweb videos by onewebvideoproduction com 149 business videos
History
OneWeb secured $500 million in funding including launch deals with Virgin Galactic and Arianespace in 2015.
In June 2015, OneWeb entered a deal with Airbus Defence and Space for the construction of its broadband Internet satellites after a competition among U.S. and European manufacturers.
In December 2016, OneWeb raised $1 billion from SoftBank Group Corp. and $200 million from existing investors.
In February 2017, OneWeb announced that it had sold most of the capacity of its initial 648 satellites, and was considering nearly quadrupling the size of the satellite constellation by adding 1,972 additional satellites that it has priority rights to. With the original capital raise of $500 million in 2015, plus the $1 billion investment of SoftBank in 2016, previous "investors committed to an additional $200 million, bringing OneWeb’s total capital raised to $1.7 billion."