SoftBank is a Japanese multinational conglomerate that is expanding its reach into the space industry through Non-Terrestrial Network (NTN) solutions. They are working to provide connectivity from space and the stratosphere, offering services like satellite-based internet via partnerships with companies like Eutelsat OneWeb and Starlink. SoftBank is also investing in High Altitude Platform Stations (HAPS) to deliver connectivity directly to smartphones and other devices, aiming to provide advanced and seamless connectivity services and Digital Transformation (DX) solutions in Japan and around the world. Their partners include Skylo Technologies, OneWeb, and HAPSMobile.
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OneWeb’s main shareholders Bharti, SoftBank, Hanwha, and the British government signed a final combination agreement with Eutelsat on 2022-11-14.
OneWeb partnered with SoftBank in May 2021 to bring its satellite services to Japan.
United Robotics Group, SoftBank Robotics Group, and SoftBank Robotics Europe will form a partnership to develop and distribute various robots including Pepper and will continue to provide services together to customers around the world.
United Robotics Group reached an agreement to acquire SoftBank Robotics Europe SAS from SoftBank Robotics Group Corp.
SoftBank Robotics Group Corp. will acquire a minority stake in United Robotics Group as part of the transaction.
By acquiring SoftBank Robotics Europe, United Robotics Group will become one of the leading service robotics companies in Europe.
Bear Robotics raised a $32,000,000 Series A funding round in January 2020 led by SoftBank.
The more-than-$265,000,000 total capital raised includes a $100,000,000 combined investment led by SoftBank and Cantor Fitzgerald among other institutional investors.
The PIPE includes commitments from institutional investors including funds managed by Koch Strategic Platforms, National Grid Partners, JetBlue Technology Ventures, SB Energy Corp., SoftBank Group’s Japanese wholly-owned subsidiary, and Pine Technology Sponsor LLC.
Institutional investors in Tomorrow.io’s $75,000,000 PIPE include funds managed by Koch Strategic Platforms, National Grid Partners, JetBlue Technology Ventures, and SB Energy Corp., a subsidiary of SoftBank.
SoftBank Corp. partnered with SES to aggregate and deliver live sporting events to SoftBank’s corporate customers in Japan.
A concurrent PIPE offering of $100,000,000 is part of the transaction and is led by SoftBank’s SBLA Advisers Corp. and Cantor Fitzgerald, among other institutional investors.
Companies like Tata Steel, Ultratech Cement, and Softbank Energy have rapidly adopted drone technology for remote worksite monitoring and inspections.
The U.K. government, Eutelsat, and SoftBank are each set to own 19.3% of OneWeb if Eutelsat and Bharti’s latest investments receive regulatory clearances later 2021.
SoftBank invested $350,000,000 in OneWeb in January.
Skylo partnered on 2021-06-08 with Japanese wireless provider SoftBank Mobile to expand its services in India.
Skylo secured a total of $116,000,000 in early 2020 after a funding round led by SoftBank that raised $103,000,000.
The SoftBank–OneWeb alliance will promote combined communications services including platforms SoftBank is building to digitize company operations.
SoftBank invested $350,000,000 in OneWeb following the November 2020 rescue.
SoftBank posted net income equivalent to nearly $46,000,000,000 for its fiscal year ending 2021-03-31.