OneWeb continues satellite ambition | TechRadar

OneWeb, the British-based satellite firm part-owned by the UK government, has secured a $300 million investment from South Korea’s Hanwha Systems.

Hanwha will acquire an 8.8% stake in OneWeb, which has now been funded to the tune of $2.7 billion and plans to launch a constellation of 650 Low Earth Orbit (LEO) satellites.

Source link