Verified facts grounded in source documentation.
OneWeb raised $3,400,000,000 in equity and debt prior to filing for Chapter 11 bankruptcy.
OneWeb’s two most valuable spectrum filings cover a 720-satellite constellation with Ku-band downlinks and Ka-band uplinks.
Arianespace arranged all three of OneWeb’s launches and was under contract to provide 21 Soyuz launches and to carry a batch of 30 OneWeb satellites on the maiden launch of Ariane 6.
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.
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.
OneWeb is a U.K.-based company that has raised $3,400,000,000 in financing.
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 signed a contract with Arianespace last year for the maiden flight of Ariane 6 with options for two additional Ariane 6 missions.
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 had raised $3,400,000,000 as of February.
OneWeb has secured rides to orbit for roughly 720 satellites with Arianespace on 20 Soyuz rockets and the inaugural flight of the Ariane 6 planned for late 2020.
The Ariane 6 maiden flight will use the Ariane 62 configuration with two strap-on solid-rocket boosters and will carry 30 satellites for OneWeb.
OneWeb raised $3,400,000,000 in funding during the megaconstellation financing wave.
SoftBank incorporated terminating its OneWeb capacity arrangement into its plan to invest more money into OneWeb in late 2018.
Finalists for Deal of the Year included SpaceX raising $1,000,000,000+, NASA’s Commercial Lunar Payload Services awards, OneWeb raising $1,000,000,000+, HawkEye 360’s $70,000,000 Series B, Virgin Galactic’s IPO, Relativity’s $140,000,000 round, the Raytheon-United Technologies merger, and the L3-Harris Corp. merger.
In addition to 20 Soyuz launches, OneWeb agreed to launch 30 satellites on Arianespace's maiden flight of the Ariane 6 in the second half of 2020.
OneWeb plans to deploy a global broadband constellation with as many as 1,980 satellites.
Both Astroscale and ClearSpace won contracts to participate in the Sunrise Project, a public-private partnership led by OneWeb and the European Space Agency to explore advanced technologies including active debris removal.
OneWeb raised $1,250,000,000 2019 for a constellation of at least 650 satellites.
OneWeb opened a new factory in Florida that will produce two OneWeb satellites per day.