Verified facts grounded in source documentation.
SoftBank began exploring the development of a stratospheric communication platform called 'HAPS' in 2017 and successfully flew in the stratosphere for the first time in September 2020.
SoftBank Corp. achieved the highest DJSI World score in Japan and was the only Japanese company selected for the Telecommunication Services industry group in 2023.
In the fiscal year ended March 2024, SoftBank Corp. reported revenue of 6,084,000,000,000 JPY.
SoftBank invested $350,000,000 in OneWeb in January.
Skylo secured a total of $116,000,000 in early 2020 after a funding round led by SoftBank that raised $103,000,000.
SoftBank invested $350,000,000 in OneWeb following the November 2020 rescue.
SoftBank reported an operating loss of 1,360,000,000,000 JPY ($12,700,000,000) in 2020, its first annual loss in 15 years.
OneWeb raised $350,000,000 from SoftBank and $50,000,000 from Hughes in January of 2021.
OneWeb raised $350,000,000 from SoftBank on 2021-01-15 and $50,000,000 from Hughes Network Systems.
OneWeb raised $400,000,000 from SoftBank and Hughes Network Systems on 2021-01-15.
SoftBank invested $350,000,000 in OneWeb as part of the 2021-01-15 funding round.
SoftBank will hold a 12.3% stake in the reorganized OneWeb and owned 37.41% of OneWeb prior to the Chapter 11 filing.
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.
SoftBank agreed to lead a $75,000,000 debtor-in-possession loan to OneWeb and provided $2,000,000,000 of the $3,400,000,000 in equity and debt that OneWeb raised before filing for bankruptcy.
SoftBank and other lenders would provide a $25,000,000 tranche once OneWeb obtains a binding purchase agreement for most or all of its spectrum rights, with OneWeb anticipating such an agreement by 2020-06-12.
SoftBank and other lenders would provide a $25,000,000 tranche once OneWeb obtains a binding purchase agreement for most or all of its spectrum rights, with OneWeb anticipating such an agreement by 2020-06-12.
SoftBank projected 1,800,000,000,000 JPY in losses for its Vision Fund in 2019 and on 2020-04-13 listed OneWeb as one of its most notable losing investments outside that fund.
Skylo raised $103,000,000 in a Series B round led by SoftBank with participation by the firm’s previous investors.
SoftBank incorporated terminating its OneWeb capacity arrangement into its plan to invest more money into OneWeb in late 2018.
SoftBank incorporated terminating its OneWeb capacity arrangement into its plan to invest more money into OneWeb in late 2018.