Starlink Competitor From Uk: Oneweb Picks $300M As Race For Broader Internet Heats Up
08/16/21, 11:31 AM
Location
londonMoney raised
$300 million
In the latest development, South Korean conglomerate Hanwha Systems Co. has decided to invest $300 million (approx £216 million) in OneWeb, a London-based Low Earth Orbit (LEO) satellite communications company.
Company Info
Location
london, ontario, canada
Additional Info
OneWeb, the Low Earth Orbit (LEO) satellite communications company jointly owned by the UK Government and Bharti Global, is on a mission to connect everyone, everywhere. High-speed, low-latency servicesThrough a global constellation of satellites in Low Earth Orbit, OneWeb will be able to deliver high-speed, low-latency services everywhere.