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.
OneWeb's bankruptcy filing lists $2,100,000,000 in total liabilities, including $1,700,000,000 in senior secured financing and debts to between 1,000 and 5,000 creditors.
Unsecured creditors listed in OneWeb's filing include Qualcomm Technologies ($8,000,000), Deloitte Touche Tohmatsu ($6,900,000), Hughes Network Systems ($5,400,000), Deutsche Bank ($5,200,000), Viasat ($1,200,000), Nokia ($988,000), Rockwell Collins ($597,000), USSI Global ($501,000), Ruag ($328,000), and KSAT ($117,000).
Outside analysts estimated that OneWeb's satellite system would require as much as $7,500,000,000 to complete.
OneWeb signed a contract with Arianespace last year for the maiden flight of Ariane 6 with options for two additional Ariane 6 missions.
OneWeb's top four shareholders are Softbank (37.41%), Qualcomm (15.93%), Greg Wyler's 1110 Ventures LLC (11.94%), and Airbus (8.5%).
OneWeb is a U.K.-based company that has raised $3,400,000,000 in financing.
Arianespace is owed $238,000,000 by OneWeb as of the 2020-03-27 filing.
Softbank had invested roughly $2,000,000,000 in OneWeb and decided not to provide additional funding to the company.
OneWeb signed a $1,100,000,000 contract with Arianespace in 2015 for 21 Soyuz launches.
OneWeb aims to launch at least 648 satellites and had 74 satellites in orbit after a 2020-03-21 launch that deployed 34 satellites.
OneWeb will use each satellite’s onboard electric propulsion to raise their altitude from a 450-kilometer drop-off point to a final 1,200-kilometer orbit.
The 2020-03-21 Arianespace launch expanded OneWeb’s constellation to 74 satellites in low Earth orbit.
OneWeb’s satellites were built in Merritt Island, Florida through a joint venture with Airbus Defence and Space.
Arianespace launched 34 small broadband satellites for OneWeb on 2020-03-21.
OneWeb had raised $3,400,000,000 as of February.
TelAstra president Roger Rusch estimated that OneWeb likely needs $7,500,000,000 to complete its constellation.
Three of OneWeb’s planned missions for 2020—two Soyuz launches and the maiden Ariane 6 flight—are planned from the Guiana Space Center in French Guiana.
OneWeb plans to launch 60 spare satellites to complete an initial constellation of 648 spacecraft and has not decided when those spares will launch.
OneWeb launched its first large batch of broadband internet satellites in February 2020.
OneWeb planned a launch for 2020-03-21 before a pre-planned April break.