{"id":266262,"date":"2021-07-01T13:06:12","date_gmt":"2021-07-01T13:06:12","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=321977"},"modified":"2021-07-01T13:06:12","modified_gmt":"2021-07-01T13:06:12","slug":"oneweb-fires-up-latest-satellites","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2021\/07\/01\/oneweb-fires-up-latest-satellites\/","title":{"rendered":"OneWeb fires up latest satellites"},"content":{"rendered":"

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\tSatellite communications provider OneWeb launched a further 36 birds into orbit today (1 July), targeting coverage in hard-to-reach polar regions a matter of days after declaring itself financially stable following a fresh funding commitment from Bharti Global.<\/p>\n

Launch details on its website explained the latest satellites formed part of OneWeb\u2019s plan to provide broadband access in areas above a latitude of 50-degrees north, including the US state of Alaska, Canada, Greenland, Northern Europe, Finland, the UK, Iceland and Arctic seas.<\/p>\n

As of April, the company had launched 182 satellites into space.<\/p>\n

[1]The birds contribute to a goal of launching an initial constellation of 648 Low Earth Orbit (LEO) satellites, with the take-off coming two days after OneWeb revealed Bharti Global had upped its financial commitment to the business by exercising an option to invest an additional $500 million.<\/p>\n

Bharti Global is part of a UK government-led consortium which agreed a $1 billion rescue package [2] for OneWeb in 2020, pulling the company out of Chapter 11 bankruptcy protection.<\/p>\n

OneWeb stated the latest commitment by the Indian conglomerate leaves it \u201cfinancially secure, with no debt issuance\u201d.<\/p>\n

It expects Bharti Global\u2019s latest investment to be made by the year-end, after which it stated the total sum raised [3] since mid-2020 will amount to $2.4 billion.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/wp-content\/uploads\/2021\/07\/OneWeb_launch8_July2021.jpg
\n[2] https:\/\/www.mobileworldlive.com\/featured-content\/home-banner\/oneweb-rescued-by-uk-bharti-enterprises
\n[3] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/oneweb-secures-550m<\/p>\n\n

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Satellite communications provider OneWeb launched a further 36 birds into orbit today (1 July), targeting …<\/p>\n

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