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OneWeb raises $1.2bn for satellite constellation

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Channel Islands-based OneWeb has raised $1.2 billion (€1.14bn) from Japan’s Softbank in a new funding round. OneWeb is planning to build a super-constellation of 640 broadband and data satellites to supply Internet-by-satellite connectivity to the planet. It already has manufacturing agreements in place with Airbus Group, and the plan is to start launching these satellites […]

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