OneWeb

OneWeb (legally Network Access Associates Ltd)[7] is a communications company that aims to build broadband satellite Internet services.[4][8] The company is headquartered in London, and has offices in Virginia, US[9] and a satellite manufacturing facility in Florida  OneWeb Satellites  that is a joint venture with Airbus Defence and Space. The company was formerly known as WorldVu Satellites Ltd.[10][11]

Network Access Associates Ltd
TypePrivate
IndustrySatellite Internet access
PredecessorWorldVu Satellites
Founded2012; 10 years ago (2012)
FounderGreg Wyler[1][2][3]
HeadquartersLondon, England, UK[4]
Area served
Worldwide
Key people
Neil Masterson (CEO)[5]
Owner
Number of employees
~600 (March 2022)
SubsidiariesOneWeb Satellites
Websitewww.oneweb.net

The company was founded by Greg Wyler in 2012[1][2] and launched its first satellites in February 2019. It entered bankruptcy in March 2020 after failing to raise the requisite capital to complete the build and deployment of the remaining 90% of the network. The company emerged from the bankruptcy proceedings and reorganization in November 2020 with a new ownership group. As of 2021, Indian multinational company Bharti Global, France-based satellite service provider Eutelsat and the Government of the United Kingdom were the company's largest shareholders, while Japan's SoftBank retained an equity holding of 12%.[5][12]

By October 2022, OneWeb had launched 464 of the planned 648 low Earth orbit satellites in the initial constellation. In July 2022 it was announced that OneWeb was to merge with France's Eutelsat, an established operator of geostationary satellites.


Share this article:

This article uses material from the Wikipedia article OneWeb, and is written by contributors. Text is available under a CC BY-SA 4.0 International License; additional terms may apply. Images, videos and audio are available under their respective licenses.