OneWeb has now launched over 60 per cent of its LEO satellite fleet that will deliver high-speed, low-latency global connectivity.
This launch caps off a successful 2021 in which OneWeb gained significant momentum across the board. With strong shareholder support, the business is now fully-funded with USD 2.7bn raised since November 2020 and no debt issuance.
Liftoff of the latest launch occurred on 27 December at 13:10pm BST from the Baikonur Cosmodrome. OneWeb’s satellites separated from the rocket and were dispensed in nine batches over a period of 3 hours 45 minutes with signal acquisition on all 36 satellites confirmed.
OneWeb plans to launch global service by the end of 2022 and as demand continues for low-latency, high-speed connectivity services to provide businesses and consumers.
Sunil Bharti Mittal, OneWeb executive chairman, said: “OneWeb now has over sixty per cent of its global satellite fleet in space. It is an extraordinary achievement for a company that was reborn just a year ago. OneWeb's shareholders, management, staff and distribution partners all share a common goal – connecting communities everywhere. Together we are delivering on our promise to achieve digital transformation on a global scale, through our robust, secure and resilient satellite broadband network.”