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OneWeb satellite constellation in new ownership 2020

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Posts: 969
Jul 31st, 2020 at 4:38pm  
I've just started this new discussion forum heading, hoping that people will find it a place where they can contribute and ask questions.

This first post is something of an experiment. I'm simply hoping that this message displays correctly and does not corrupt anything. I backed up the whole satellite internet forum first so if things do go wrong I can back out. If so most recent posting and new members may get deleted. I hope not.

29 July 2020: Hughes Network Systems (HNS), say they will put $50 million into the consortium of the UK govenment and Bharti to buy OneWeb out of bankruptcy.

HNS has been involved with OneWeb since 2015 when it invested $50 million in OneWeb in 2015, alongside Airbus Group, Bharti Enterprises, Coca-Cola, Intelsat, Qualcomm, Totalplay and the Virgin Group. That initial funding amounted to $500 million.

OneWeb raised $3.4 billion and launched 74 out of 648 small broadband satellites before filing for chapter 11 bankruptcy protection in March 2020.

The British government and Bharti placed the winning bid to acquire OneWeb in July 2020, with each agreeing to invest $500 million to revive the megaconstellation startup.

Hughes has been building earth station gateway antennas for OneWeb but the work is unfinished.

OneWeb is expected to offer satellite internet connections for Governments and business sites plus cellular backhaul needs and Wi-Fi hotspots for schools and communities.

I'm hoping visitors will add more content here about the history to date and how the system works. I must read up more myself !

Best regards, Eric
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