Bharti-backed OneWeb is launching 36 more satellites by Arianespace from the Baikonur cosmodrome, bringing the in-orbit constellation to 394 satellites.
This represents 60 per cent of OneWeb’s planned 648 low-earth orbit (LEO) satellite fleet that will deliver high-speed, low-latency satellite connectivity globally.
Commenting on the development, Sunil Bharti Mittal, executive chairman, OneWeb, said, “With this launch, OneWeb will have sixty per cent of its global satellite fleet in space. It is an extraordinary achievement for a company that was reborn just a year a significant step towards our promise to deliver digital transformation on a global scale through our robust, secure ago, and resilient satellite broadband network.”
The lift-off occurred at 13.10 PM BST on December 27, 2021. With strong shareholder support, the business is now fully-funded with $2.7 billion raised since November 2020 and no debt issuance.
OneWeb is in a position of strength, as it plans to launch global service by the end of 2022 and as demand continues from telecommunications providers, aviation and maritime markets, internet service providers (ISPs), and governments worldwide for its low-latency, high-speed connectivity services is expected to provide businesses and consumers.
