Bharti-backed OneWeb announces deployment of 40 satellites launched with SpaceX

Bharti-backed OneWeb announces deployment of 40 satellites launched with SpaceX
Synopsis With 582 satellites now in orbit, OneWeb will complete the global footprint of its 'Gen 1 constellation' with a launch set to take place later this month with ISRO/NSIL, according to a release. ANI Bharti-backed OneWeb, the Low Earth Orbit ( LEO ) satellite communications company, on Friday confirmed the successful deployment and contact of 40 satellites launched by SpaceX from Cape Canaveral Space Force Station in Florida. The latest launch brings the total OneWeb constellation to 582 satellites.
With 582 satellites now in orbit, OneWeb will complete the global footprint of its 'Gen 1 constellation' with a launch set to take place later this month with ISRO/NSIL, according to a release. Announcing the successful deployment of 40 satellites launched with SpaceX, OneWeb said, "This launch is OneWeb's 17th to-date and the penultimate mission as the company is set to complete its first-generation (Gen 1) LEO satellite constellation and enable global coverage in 2023". The launch enables OneWeb to continue expanding connectivity capabilities as it grows the fleet of satellites and seeks to initiate services for more partners around the world.
OneWeb already has connectivity solutions active in key geographies across the globe and is bringing new areas online by partnering with providers, including VEON, Orange, Galaxy Broadband, Paratus, and Telespazio. "OneWeb and its partners are relentlessly focused on the mission to bridge the digital divide and provide internet connectivity to a greater number of unconnected and underserved rural and remote communities and businesses," the release said. Neil Masterson , Chief Executive Officer of OneWeb, described the launch as an exciting milestone.
"Now more than ever, OneWeb is dedicated to continuing the momentum we have garnered from the past 17 successful launches, to innovate alongside our trusted partners and deliver connectivity solutions at scale," Masterson said. Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp. click here! Friday, 10 Mar, 2023 Experience Your Economic Times Newspaper, The Digital Way! Read Complete Print Edition » Front Page Pure Politics ET Markets Smart Investing More Binny Bansal Looks to Recharge PhonePe with $100-150 million Flipkart cofounder Binny Bansal is in talks to invest about $100-150 million in PhonePe as part of an ongoing financing round at the digital payments company, people in the know said.
Global PEs Take a Shine to Int’l Gem Institute Blackstone, CVC Capital Partners and Goldman Sachs are among several bulge-bracket global private equity funds weighing bids to buy a controlling stake in the International Gemological Institute (IGI) in a deal that could value the world’s biggest independent diamond-grading firm anywhere between $250 million and $300 million, two people directly aware of the talks told ET. Max, KKR in Talks with TPG to Buy Care Hospitals Max Healthcare Institute and KKR & Co have initiated separate discussions with TPG to buy Care Hospitals after earlier frontrunner Blackstone pulled out due to a valuation mismatch, said people with knowledge of the matter. Read More News on oneweb leo cape canaveral space force station neil masterson SpaceX orbit (Catch all the Business News , Breaking News Events and Latest News Updates on The Economic Times .
) Download The Economic Times News App to get Daily Market Updates & Live Business News. . .
. more less ETPrime stories of the day Policy and regulations Why do Sikkimese fear losing special status, and its benefits? 4 mins read 5 insights to kick-start your day, featuring Go First vs. Pratt & Whitney 6 mins read Strategy Stock Radar: This life insurance company likely to touch multi-year highs post breakout on weekly charts; time to buy? 3 mins read Subscribe to ETPrime.