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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Broadband satellite operator OneWeb also underwent a funding procedure similar to Anuvu.
As of ST34, Arianespace has launched 288 OneWeb satellites with nine Soyuz launches.
The planned Soyuz launches will enable OneWeb to complete deployment of its full global LEO constellation before the end of 2022.
OneWeb Satellites produced the Flight ST34 satellites in Florida, USA in manufacturing facilities that can build as many as two satellites per day on a series production line dedicated to spacecraft assembly, integration, and testing.
Arianespace launched its ninth mission for OneWeb on 2021-08-21, expanding OneWeb’s low Earth orbit constellation to 288 satellites.
The 2021-08-21 OneWeb launch was Arianespace’s third mission in 23 days using three different launch vehicles.
Hanwha’s investment in OneWeb brings OneWeb’s total equity investment since November 2020 to $2,700,000,000 with no debt issuance.
OneWeb’s first-generation fleet of 648 satellites that will deliver global coverage in 2022 is fully funded.
OneWeb has launched 254 satellites into orbit and planned another launch from Baikonur, Kazakhstan in August 2021.
OneWeb’s network will be ready to offer connectivity services from the 50th parallel and above by the end of 2021 to fully fixed energy rigs operating onshore and offshore in the 50N and above region.
Hanwha Systems will make a $300,000,000 equity investment in OneWeb.
OneWeb reached its funding target in June after Bharti Global doubled its investment to $1,000,000,000.
The Hanwha investment brings OneWeb's total investment since emerging from bankruptcy protection in November to $2,700,000,000.
OneWeb estimated it needed $2,400,000,000 to fund its initial constellation of 648 satellites in low Earth orbit.
Hanwha bought an 8.8% stake in OneWeb through its defense division Hanwha Systems.
Bharti Global's $1,000,000,000 investment would have secured it a 38.6% stake in OneWeb before Hanwha’s investment.
OneWeb's latest launch on a Soyuz 2.1b rocket on 2021-07-01 expanded the constellation to 254 satellites.
Hanwha invested $300 million in OneWeb.
Bharti Global invested $500 million in OneWeb.
A Soyuz rocket planned to launch a batch of 34 OneWeb satellites on 2021-08-20 from Baikonur Cosmodrome, Kazakhstan.