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OneWeb unveiled its newest and smallest user terminal, the OW1, to offer high speed internet connectivity to businesses, governments and communities across the globe and in remote locations.
The latest launch takes OneWeb’s in-orbit constellation to 254 satellites, or 40 percent of OneWeb’s planned fleet of 648 LEO satellites that will deliver high speed, low-latency global connectivity.
OneWeb has completed its transformation with the exercise of a Call Option by Bharti to invest an additional $500M into the company, securing $2.4 billion of equity investment, with no issued debt.
OneWeb is preparing for the launch and deployment of 36 satellites at 02:47 GMT Thursday, March 25 by Arianespace for the second time from the Vostochny Cosmodrome.