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OneWeb secures new funding from SoftBank to help it take on Elon Musk's Starlink - Vimarsana News

OneWeb secures new funding from SoftBank to help it take on Elon Musk's Starlink

OneWeb secures new funding from SoftBank to help it take on Elon Musk’s Starlink CNBC 1/15/2021 Sam Shead U.K. satellite communications firm OneWeb announced it has $1.4 billion in total funding thanks to a new investment from SoftBank and Hughes Network Systems. It comes less than a year after OneWeb filed for bankruptcy. The London-headquartered company is competing with Elon Musk's Starlink, which has launched considerably more satellites and is already conducting trials in the U.S. and the U.K. © Provided by CNBC A Soyuz-2.1b rocket booster blasts off from a launc...

Source: msn.com