Breaking news
British firm OneWeb is launching the first batch of broadband satellites into orbit since surviving bankruptcy in a bid to take on SpaceX’s Starlink network. Now jointly owned by Indian conglomerate Bharti Global and the UK government, OneWeb will launch 36 satellites at 12:26 GMT from Russia on a Soyuz rocket. The firm has a … Read more
Space tycoon Charlie Ergen to invest £39m in satellite broadband firm rescued by Government By Daily Mail City & Finance Reporter Published: 21:58 BST, 27 July 2020 | Updated: 21:58 BST, 27 July 2020 Space tycoon Charlie Ergen is to invest £39m in a satellite broadband firm rescued by the Government. The American billionaire is … Read more
Business Secretary Alok Sharma overrode the concerns of his senior official as the Government took a £400 million stake in the failed satellite company OneWeb. The UK is part of a consortium with India’s Bharti Global which won a bidding war for the company earlier this month, despite it going bankrupt in March amid the … Read more
Britain buys space firm Oneweb in £800m deal that will boost efforts to create home-grown sat nav system, and help deliver super-fast broadband By Daily Mail City & Finance Reporter Published: 22:00 BST, 3 July 2020 | Updated: 22:17 BST, 3 July 2020 Britain has bought space firm Oneweb at auction in an £800m deal … Read more
Boris Johnson is set to secure £400m stake in satellite operator OneWeb as Britain will be denied access to the EU’s Galileo space system after Brexit PM and chancellor Rishi Sunak signed off purchase of 20% stake in American operator last night OneWeb could deliver same civil/military tracking services as EU’s rival system UK-licensed OneWeb … Read more
British SpaceX Starlink competitor OneWeb launches another 34 mini satellites into orbit around the Earth bringing its mega-constellation up to 74 This is the third OneWeb launch in the construction of its mega-constellation OneWeb plans to have 650 satellites orbiting over 745 miles above the Earth The company plan to launch its rural broadband service … Read more