SoftBank Extends Relationship with OneWeb Beyond Investment

SoftBank Extends Relationship with OneWeb Beyond Investment


SoftBank is slowing rebuilding its position with
OneWeb by entering into a new cooperative agreement to combine the Low-Earth Orbit (LEO) constellation operator’s services with SoftBank’s Digital Transformation (DX) platform. The Japanese multinational holding company will also help OneWeb set up ground stations in Japan and promote services in both domestic and international markets.
“SoftBank and OneWeb will collaborate in market development for Japan and global markets, and jointly engage in technical and product development to enhance their competitiveness in these markets,” the partners said in a statement. “This collaboration encompasses obtaining regulatory approvals and the setting up of ground stations in Japan.”

Related Keywords

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