OneWeb

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OneWeb
Private
IndustrySatellite Internet access
FateActive
PredecessorWorldVu Satellites
Founded2012
Headquarters
London [1]
,
United Kingdom [1]
Websiteoneweb.world

OneWeb, formerly known as WorldVu Satellites,[2][3] is a global communications company founded by Greg Wyler. The company is headquartered in London, United Kingdom[1] and was founded in Arlington, Virginia, USA[4] and plans to launch the OneWeb satellite constellation, a network of more than 650 low Earth orbit satellites, starting on February 27, 2019.[5]

Its intended goal is to provide internet services to "everyone, everywhere" delivering much needed connectivity to rural and remote places as well as to a range of markets including aero, maritime, land mobility, cellular backhaul.

History[edit]

The company was founded in 2012 under the name WorldVu,[2] based in Britain’s Channel Islands.[6]

OneWeb secured $500 million in funding including launch deals with Virgin Galactic and Arianespace in 2015.[7][8]

In June 2015, OneWeb entered a deal with Airbus Defence and Space for the construction of its broadband Internet satellites after a competition among U.S. and European manufacturers.[9]

In December 2016, OneWeb raised $1 billion from SoftBank Group Corp. and $200 million from existing investors.[10][11] In July 2016, one year after the initial announcement, OneWeb stated they were on schedule.[12]

In February 2017, OneWeb announced that it expected to sell all of its capacity by launch time, yet the only announced capacity sold was for a joint Gogo and Intelsat venture. Wyler announced he was considering nearly quadrupling the size of the satellite constellation by adding 1,972 additional satellites that it has priority rights to.[10] With the original capital raise of $500 million in 2015, plus the $1 billion investment of SoftBank in 2016, previous "investors committed to an additional $200 million, bringing OneWeb’s total capital raised to $1.7 billion."[10]

A merger arrangement with Intelsat that had been in negotiations during May 2017 collapsed in June and did not go forward.[13]

On January 31, 2019, OneWeb announced that it would be delaying its first rocket launch due to an anomaly discovered on the rocket.[14]

On February 27, 2019, OneWeb announced that it signed its first two client agreements marking the beginning of its commercialization.[15]

On February 27, 2019, OneWeb successfully launched its first six satellite into low Earth orbit from the Guiana Space Centre in French Guiana using a Soyuz-2 rocket.[16]

On March 18, 2019, OneWeb announced it had secured $1.25 billion in funding following a successful first launch on February 27, 2019.[17]

References[edit]

  1. ^ a b c "£18m for OneWeb satellite constellation to deliver global communications". UK Space Agency. 2019-02-18.
  2. ^ a b "OneWeb Announces Plans to Launch a New Satellite Constellation to Bring High-Speed Internet to Underserved Areas Around the World". PR Newswire. 15 January 2015. Retrieved 15 February 2018.
  3. ^ "Virgin, Qualcomm Invest in OneWeb Satellite Internet Venture". Spacenews.com. 15 January 2015. Retrieved 15 February 2018.
  4. ^ "SoftBank to invest $1 billion in U.S. venture OneWeb as part of $50 billion pledge". Reuters.
  5. ^ Hanneke, Weitering (2019-02-27). "Soyuz Rocket Will Launch the 1st OneWeb Satellites Today: Watch It Live!". Space.com. Retrieved 2019-02-27.
  6. ^ "WorldVu, a Satellite Startup Aiming To Provide Global Internet Connectivity, Continues To Grow Absent Clear Google Relationship". Spacenews.com. 3 September 2014. Retrieved 15 February 2018.
  7. ^ "Google-backed Global Broadband Venture Secures Spectrum for Satellite Network". SpaceNews. 2014-05-30. Retrieved 2016-02-08.
  8. ^ "OneWeb Wins $500 Million in Backing for Internet Satellite Network". NBC News. 2015-06-25. Retrieved 2016-02-08.
  9. ^ Clark, Stephen. "OneWeb selects Airbus to build 900 Internet satellites | Spaceflight Now". Retrieved 2016-02-08.
  10. ^ a b c "OneWeb weighing 2,000 more satellites - SpaceNews.com". 24 February 2017. Retrieved 23 April 2018.
  11. ^ FORTUNE. "Japan's SoftBank Invests $1 Billion in Satellite Startup OneWeb". Fortune. Retrieved 2016-12-23.
  12. ^ http://spacenews.com/one-year-after-kickoff-oneweb-says-its-700-satellite-constellation-is-on-schedule/
  13. ^ "OneWeb says no steam lost despite Intelsat merger unravelling - SpaceNews.com". 1 June 2017. Retrieved 23 April 2018.
  14. ^ "Russian rocket glitch to delay satellite launch for U.S. startup..." Reuters. 2019-01-31. Retrieved 2019-02-27.
  15. ^ "OneWeb Announces First Two Client Agreements - Start of Commercial Network Commercialisation". OneWeb. 2019-02-27. Retrieved 2019-02-27.
  16. ^ "OneWeb makes history as first launch mission is a success". OneWeb. 2019-02-28. Retrieved 2019-02-28.
  17. ^ "Bloomberg - Are you a robot?". www.bloomberg.com. Retrieved 2019-03-18.

External links[edit]