OneWeb has now raised $1.4B in total funding after it received additional investments from Hughes Network Systems and SoftBank Group. The additional funding provides OneWeb with needed capital to come up with a constellation of 648 satellites in low-Earth orbit by the end of 2022 to deliver broadband connectivity and low-latency communication services to customers worldwide.

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OneWeb has awarded Hughes Network Systems a three-year, $250 million contract to develop and manufacture essential ground system technology for the low Earth orbit constellation. "Today's announcement of a continued technology partnership with OneWeb reflects our position as the trusted innovator in the industry," said Pradman Kaul, president of Hughes. 

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Pradman Kaul, president of Hughes Network Systems, said the company believes its investment in satellite company OneWeb has paved the way for Hughes to offer low-Earth orbit broadband connectivity to compete for the Federal Communications Commission’s Rural Digital Opportunity Fund, SpaceNews reported Wednesday.

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Hughes Network Systems has selected Space Systems Loral to develop the former’s next-generation ultra high density satellite designed to expand the Hughes Ka-band capacity across the Americas region. The new Jupiter-powered EchoStar XXIV UHDS will help aid the business expansion of Hughes in the U.S., Canada, Mexico, Brazil and other countries in South America, the […] More