Starlink rival OneWeb to launch global Internet coverage this year
the final 36 satellites of its initial 616-satellite “constellation”, allowing the rival of Elon Musk’s Starlink to offer global broadband coverage this year.
now has enough fast-flying spacecraft in orbit to offer broadband to businesses and government customers in the lower 48 US states in May, and ultimately global coverage by the end of 2023, Masterson said.The launch took place in Sriharikota, an island off the southern Indian state of Andhra Pradesh. It concludes a tumultuous chapter for the satellite venture that was founded a decade ago by serial space entrepreneur Greg Wyler.
Another major shareholder is French satellite firm Eutelsat, which agreed to merge with OneWeb last July pending regulatory clearances and a shareholder vote. The group is vying for a role in a multibillion-euro European Union satellite project dubbed IRIS².OneWeb has US$900-million in contracted revenues and plans to break even by 2025, Masterson said.
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