Friday, 24 March, 2023

Bharti's OneWeb gets funding from Softbank, Hughes

<p>Bharti Group-backed UK based OneWeb had received $1.4bn funding from SoftBank Group and Hughes Network to help it launch a first-gen 648 satellites fleet, by the end of 2022. In Dec 2020, it launched 36 new satellites, built at its Airbus plant, bringing its total fleet to 110 satellites, all fully-functioning and benefiting from ITU spectrum priority. OneWeb put forward its proposals to the IN-SPACe to open up space business along with AWS and 22 other firms in India.</p> <p>&nbsp;</p>