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.
All verified mentions of this organization in source documents.
The U.K. government agreed to take a 45% stake in OneWeb as part of a co-purchase with Bharti Global.
Alok Sharma consulted with the U.K. Treasury, the UK space agency, members of his department, and cabinet officials before committing the U.K. government to invest in OneWeb and concluded the government would have a positive return.
Teledyne Technologies supplies satellite components for OneWeb Satellites under a $95,000,000 contract received in 2018.
Teledyne Technologies reported a $6,000,000 drop in defense and space electronics revenue linked to OneWeb’s bankruptcy proceedings.
The U.K. government, through its Department for Business, Energy and Industrial Strategy, is co-acquiring the OneWeb megaconstellation startup with Indian telecommunications company Bharti Global.
Airbus and OneWeb have a joint venture called OneWeb Satellites that is tasked with building the OneWeb megaconstellation.
Airbus has a 50% stake in OneWeb Satellites, a joint venture created in 2016 between Airbus and OneWeb to build hundreds of satellites for the OneWeb constellation.
The Airbus factory in Florida will resume producing satellites for OneWeb under its new ownership.
The OneWeb Satellites factory in Florida was built expressly for the purpose of mass producing OneWeb satellites.
A contract originally covered 648 satellites for OneWeb Satellites, and the companies were still working out changes to that contract as of 2020-07-13.
The U.K. government seeks a more meaningful role for the United Kingdom in building the OneWeb constellation.
OneWeb launched 34 satellites in March, bringing its on-orbit total to 74 satellites.
BidCo 100’s plan approved by the court replaces SoftBank and Grupo Elektra as OneWeb’s interim financial backer and provides up to $50,700,000 in financing to allow work to resume at OneWeb Satellites.
Alok Sharma, the U.K. secretary of state for business, energy and industrial strategy, on 2020-07-09 linked the near-term benefit of buying OneWeb to securing British jobs already tied to the project.
BidCo 100 plans to invest $1,000,000,000 in OneWeb.
OneWeb Satellites is a joint venture created in 2016 by Airbus and OneWeb to build satellites for the OneWeb constellation.
The U.S. Bankruptcy Court for the Southern District of New York approved OneWeb’s payment to its satellite vendor during a 2020-07-10 hearing.
OneWeb Satellites was producing two satellites per day at its Florida factory as of January.
The 2020-07-10 court approval cleared the way for the sale of OneWeb to the British government and Bharti Global, which bid together as BidCo 100 Ltd. on 2020-07-03.
OneWeb filed a proposal with the U.S. Federal Communications Commission in May seeking to increase its constellation by 48,000 satellites.