Sources said the company planned to extend the deadline for bondholders to exchange current bonds with new ones until mid-May.
OneWeb has signed on as Blue Origin’s second customer for its New Glenn orbital launch vehicle, both companies announced March 8.
Boeing’s plan to deploy a constellation of V-band satellites in non-geostationary orbit has prompted at least five companies, including SpaceX and OneWeb, to file me-too proposals with the U.S. Federal Communications Commission.
The two companies would merge in a stock transaction under the agreement.
Satellite telecom startup OneWeb, emboldened by the oversubscribed $1.2 billion Softbank-led investment gained in December, is on the verge of adding another 2,000 satellites to its previously proposed constellation of several hundred satellites.
Satellite broadband hardware and service provider ViaSat continues to invest in shrinking satellite teleport sites down from buildings to the size of closets in order to achieve its goal of getting a terabit of throughput from each ViaSat-3 satellite.
Solar-panel manufacturer SolAero Technologies is investing $10 million to expand its Albuquerque, New Mexico, facility to produce solar panels for OneWeb’s constellation of 900 low-Earth-orbit telecommunciations satellites
Maritime satellite services and hardware provider KVH is kicking off an upgrade to mix high-throughput capacity from geostationary and low Earth orbit satellites into its network, CEO Martin Kits van Heyningen said Jan. 10.
OneWeb has raised $1.2 billion in an investor round led by SoftBank, completing the non-debt financing the start up needs to build its satellite internet constellation.
The French export-credit agency, Coface, on Sept. 13 said it was examining the OneWeb global internet-delivery constellation with an open mind but that it remains unclear whether the agency could guarantee a large portion of OneWeb’s debt.
Thursday's briefing begins with Space Florida, the state's space development agency, approving a $3 million bridge loan to speed up construction on OneWeb's new satellite factory near Kennedy Space Center.
Satellite Internet startup OneWeb Satellites has completed the preliminary design review for its 700-satellite constellation and expects to have its entire satellite subcontractor team committed by by early August, Chief Operating Officer Eric de Saintignon said June 30.
LeoSat Enterprises, which is designing a constellation of low-orbiting satellites to provide secure broadband links to corporate and global networks, is positioning itself as a natural partner to established geostationary-orbit satellite operators as it seeks to complete its Phase a fundraising round of $100 million.
A coalition of 5G terrestrial mobile broadband companies led by Charlie Ergen’s Dish Network on June 8 asked U.S. regulators to strip future low-orbiting satellite Internet constellations of their priority access to 500 megahertz of Ku-band spectrum – spectrum coveted by prospective fleet owners including OneWeb LLC and SpaceX.
Internet satellite constellation startup OneWeb LLC on April 28 said it had submitted its license application with U.S. regulators as part of what likely will be a multi-year slog through the world’s capitals as the company seeks global operating rights.