Stay updated with breaking news from Artic seas. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
April 28, 2021 // By Nick Flaherty Advantageous deal with GEO satellite operator Eutelsat brings the OneWeb space broadband network closer UK boadband satellite operator OneWeb has raised $550m (€455m) from Eutelsat Communications, a European operator of geostationary (GEO) satellites. Eutelsat provides data services to enterprises and governments via its GEO satellites and so could be seen as a competitor. However the OneWeb low latency broadband services would add high speed data capabilities as well as 5G and IoT connections to Eutelsat and OneWeb can access Eutelsat’s established commercial reach to governments and enterprise customers in addition to its strong institutional relationships, recognised technical expertise and global fleet. The two are also looking at how to use a combination of GEO and LEO satellites for future services. ....
Daily Digest of Tech Policy News and Updates (April 27, 2021) 6 hours ago Bringing you quick updates on the tech space, policy making and digital rights from India and across the globe. Global tech giants and Indian startups join fight against COVID-19 tsunami Global tech giants like Google, Microsoft and Amazon are stepping up their efforts to help India’s healthcare workers and administration deal with the second wave of the COVID-19 pandemic. While startup founders and entrepreneurs have been working on providing logistical support and information about hospital beds, oxygen suppliers and other resources, many of these companies are making product changes to raise funds and provide logistical support. ....
OneWeb Secures $550 Million In New Funding: Eutelsat To Take Significant Equity Stake In The Company - Eutelsat investment brings OneWeb to $1.9 billion in total financing - Secures 80% of total financing, as latest launch puts almost 30% of Gen 1 fleet in space - Collaboration with Geostationary (GEO) satellite operator offers new customer opportunities - Eutelsat joins U.K. Government, Bharti Global and SoftBank as key investors LONDON, April 27, 2021 /PRNewswire/ OneWeb, the global communications network powered from space, announces today that it has secured $550 million in funding from Eutelsat Communications (Euronext Paris: ETL), bringing OneWeb s total funding to $1.9 billion in fresh equity. This investment from one of the world s most experienced and largest global operators is a vote of confidence in OneWeb and underscores the arrival of Low Earth Orbit (LEO) satellites into mainstream long-term growth planning for major operators. ....
Eutelsat invests $550M into OneWeb lightreading.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lightreading.com Daily Mail and Mail on Sunday newspapers.
OneWeb's Successful Launch #6 Marks Next Step in Bringing Fibre-like Connectivity to the Maritime Industry hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.