SoftBank Group has made an investment into the new iteration of OneWeb, the company announced Jan. 15. This marks SoftBank re-investing into OneWeb, after the former majority investor pulled out of a funding round in March, sending the company into Chapter 11 bankruptcy.  OneWeb did not disclose the specific amount of funding for SoftBank’s new…

OneWeb has adjusted its plans for the size of its Low-Earth Orbit (LEO) constellation down from a 48,000-satellite constellation to roughly 7,000, the company announced Wednesday.  In May, while the company was in Chapter 11 bankruptcy, OneWeb asked the FCC to increase its market access for a constellation of 48,000 satellites. Now, OneWeb is recalibrating…

SES revealed Tuesday that Southern Cross Cables Limited (SCCL) will use SES Networks’ connectivity services to upgrade its undersea Southern Cross cable network. This project will help improve communications between Nukunonu in Tokelau, Kiritimati Island in Kiribati, and the rest of the world. The Southern Cross cable network was introduced in 2000, and is an…

Eutelsat has taken on a eight-year, $243 million (200 million euro) financing agreement from the European Investment Bank (EIB) to back investments related to the procurement and launch of the KONNECT VHTS satellite.  KONNECT VHTS, is the follow-on satellite of KONNECT, which entered service in November 2020. Thales Alenia Space is building the satellite with…