Grupo Salinas is a Mexican conglomerate with diverse interests, including telecommunications, media, financial services, and retail. In March 2019, Grupo Salinas invested in OneWeb, a company focused on developing a satellite internet constellation to deliver broadband internet services. While not a traditional space agency or manufacturer, this investment positions Grupo Salinas as a player in the satellite internet sector of the space industry.
All verified mentions of this organization in source documents.
Grupo Salinas invested $25,000,000 in OneWeb’s 2015 funding round and $76,000,000 in OneWeb’s 2016 funding round.
OneWeb received an initial $500,000,000 in 2015 from Airbus, Hughes Network Systems, Intelsat, Qualcomm, Virgin Group, Coca-Cola, Grupo Salinas, and Bharti Airtel.
In a 2019-03-18 financing round, investors led by SoftBank Group, Grupo Salinas, Qualcomm Technologies, and the government of Rwanda invested $1,250,000,000 in OneWeb.