Eutelsat OneWeb (formerly OneWeb) is a satellite communications company aiming to bridge the digital divide by providing high-speed, low-latency broadband internet services globally via a low Earth orbit (LEO) satellite constellation. As a subsidiary of Eutelsat Group, it focuses on delivering connectivity solutions to governments, enterprises, and communities in underserved areas, as well as to the maritime and aviation sectors. Key partners include distribution partners, Airbus (through OneWeb Satellites, a joint venture for satellite manufacturing), and technology providers like Microsoft Azure and AWS for network peering.
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OneWeb will have raised nearly $2,900,000,000 since late 2020, exceeding the $2,400,000,000 it said it needed to fund the initial constellation.
OneWeb operates demo centres in the United States in Talkeetna, Alaska and Germantown, Maryland.
The RUAG Space transport containers move assembled OneWeb satellites from Florida to launch sites and are equipped with a specifically designed damping system and climate control.
Eutelsat activated a call option on 2021-10-06 to invest an extra $165,000,000 and will become OneWeb’s second-largest shareholder with nearly 23% once the deal closes.
OneWeb signed a non-binding letter of intent on 2021-10-11 with NewSpace India Limited to launch OneWeb satellites on India’s PSLV and GSLV 2021-03-03 rockets as soon as 2022.
OneWeb is deploying its initial satellite constellation using Soyuz rockets under a contract with Arianespace.
OneWeb plans to start services 2021 to the Arctic region, including Alaska, Canada, and the U.K.
The 36 OneWeb satellites deployed on ST36 will raise themselves to their operational orbit after separation.
OneWeb plans to offer high-speed, low-latency connectivity services in India and globally by late 2022.
OneWeb’s satellite constellation is designed to deliver high-speed, low-latency connectivity services to aviation, maritime, backhaul services, governments, and emergency response services.
OneWeb has a non-binding Letter of Intent with NewSpace India Limited to use India’s PSLV and GSLV-MkIII as potential launch platforms for OneWeb satellites from 2022.
The OneWeb constellation will enable user terminals capable of offering 0.003 kg, LTE, 0.005 kg, and Wi‑Fi coverage.
The founding members of the Indian Space Association include Bharti Airtel, Larsen & Toubro, Mapmyindia, Nelco (part of Tata Group), OneWeb, Walchandnagar Industries, and Ananth Technology Limited.
Bharti Global exercised a call option in June to double its OneWeb investment to $1 billion, a move expected to give Bharti a 38.6% share and reduce Eutelsat’s share to 19.3%.
Eutelsat will own nearly 23% of OneWeb once the transaction closes, giving the Paris-based satellite operator the second-largest stake behind Bharti Global’s 30% share.
Hanwha paid $300,000,000 in August for an 8.8% stake in OneWeb, reducing Bharti’s and Eutelsat’s stakes.
Eutelsat is exercising an option in the latest OneWeb funding round and is investing an additional $165,000,000 on 2021-10-06.
South Korea’s Hanwha provided a $300,000,000 capital injection into OneWeb.
Eutelsat’s transaction on the latest OneWeb funding round was undertaken on identical financial terms to its initial $550,000,000 investment announced in April and completed on 2021-09-08.
OneWeb launched 34 satellites on 2021-09-14, enlarging its low Earth orbit broadband constellation to 332 satellites of a planned 648-satellite constellation.